During the online application process which CIBIL offers, if you are able to successfully answer 3 to 5 random validation questions (about your old loans), your CIR / Credit Report will be emailed to you by CIBIL within 2-3 days; most often you get it almost immediately.
If your authentication fails, you will receive an email/SMS from CIBIL requesting you to provide an ID and address proof. Once you furnish these details, it will take about 7-10 days to receive your credit report through courier.
A CIBIL report is a record of your credit history. It is a snapshot of your credit worthiness. This report is created based on the information submitted to CIBIL by banks and other lending institutions across India. It is very important to understand your CIBIL report because lenders approve loan applications based on your credit history. Lenders believe that your past behaviour strongly indicates your future behaviour.
How to apply for a CIBIL report?
You can log into the official CIBIL website CIBIL.com and fill up an online form which requires all your personal information and upload your address proof and id proof.
On filling the form you have to pay a particular amount to CIBIL either through debit card, credit card or net banking.
After paying the money to CIBIL, you will be asked to answer 5 questions related to your credit history. And if your authentication is successful, you will get your CIBIL report in your email within the next 4 days.
If your authentication fails your CIBIL report will be sent your address at what you have provided within 10 days.
Free Credit Health check :
As a part of our services, CreditMantri offers you a free credit health check and analysis online. We offer you suggestions to improve your credit score, helpsave on EMI costs and loans. Find credit products best suited for your profile and your credit history.
A CIBIL score is a three digit number between 300 and 900 that gives potential lenders a quick idea of your loan
Credit repair involves rebuilding your credit health to a level where you become eligible for loans.
A CIBIL Score is an indicator of an individual’s credit worthiness. It impacts the individual’s ability to borrow
A credit report is a history of your credit behaviour and contains detailed information on all your loan and credit
A credit rating - also known as a credit score - is a 3 digit number between 300-900 that gives potential lenders
A bad credit score is generally one that is less than 650. A credit score is a three digit number in the range of 300-900
Yes. In fact, a credit score of 850 is very good! Most lenders look for a minimum credit score of 750 to approve loans
There are several ways in which you can improve your credit score. Depending on how good or bad your score is,
Is 800 a good credit score? Yes. In fact, a credit score of 800 is very good! Only a small percentage of people reach,
Is it possible to obtain a free credit check or credit report? The answer is yes and no!
Your CIBIL Score plays an important role in getting loans and credit cards sanctioned, because it gives lenders
It is not possible for anyone, either lenders or borrowers, to get a CIBIL score or credit report for free.
It is important to know that there is no such thing as a CIBIL defaulter list. There used to be a defaulter list earlier,
To check your credit history, you should obtain a copy of your Credit Report. For this, you need apply to one of the three
There is really no number that can be established as the average credit score in India. Many people see regular
You can repair your credit absolutely free if you do it yourself! However, many people choose to get professional help
It is possible to improve your credit rating or credit rating within a few months, depending on the state of your credit
A more relevant question is, “Is it advisable to get a loan with bad credit?” There is a chance you can get a loan if
It is important to remember that there is no instant quick-fix for increasing your credit score overnight or in a couple
First, it is important to note that there is no ‘Defaulters List’ that is maintained or circulated by CIBIL or any of the other
Sourav and Ankit are watching the New York Marathon on TV and decide that they want to run a marathon.
In India, the best credit score to have is one that is 750 or above. The three credit rating agencies that operate in India
Is a credit score of 700 good? While it is not a very bad score, it is not good enough to automatically qualify
It is difficult to get a loan with a credit score of 650. Most banks look for a minimum score of 750 when deciding
It is not likely that you will get a loan with a credit score of 600. Most banks look for a minimum score of 750
It is difficult to get a loan with a credit score of 550. Most banks look for a minimum score of 750 when deciding
A poor CIBIL score can increase your financial problems and make it difficult to access credit, whether as a loan or credit.
One common worry that runs through your mind after you have made a credit card settlement is,