Let us look at the some of the points which we must keep in mind while regulating our credit score. A regular credit score check is must. : Default in terms of Repayment : The credit score can be damaged in case of no -clearance of your liabilities. Multiple inquiries made at one time can …
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Few pointers to improve your credit score
There is always a scope of improvement. Improving credit score can be done. Here are the steps : Clearing the credit card balance is must The credit utilization is calculated while performing all the transactions. Therefore, having accurate balance is important Clear all your debts on time. Plan and pay all your bills strategically Divide …
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Importance of Credit Report
The credit report plays a vital role at the time of availing a loan. ALongside credit card details, documents, and other bank details, a credit report plays a vital role. Let us look at the following points Payment: Timely payment, late payment, or irregular payment? All of these can have a positive and negative impact …
Key Check List about Credit Score
CIBIL score is the most commonly used factor by Banks and NBFCs to check your eligibility for a loan. Based on the cibil check, the bank will decide whether to give you a loan and related settlements. Thus it is imperative to have a good credit score. It is indeed hard to bring up the CIBIL …
Learn to maintain a good level of financial record
We all know how important is the donation of a credit score.. We must adhere to some factors to keep our credit score in check and order. Also, it is really very easy to conduct a free cibil score check. Firstly, no past payments should be lined up. Apply a zero debt policy Secondly, Don’t …
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Delay in Payment : Will it effect my Credit Score ?
Let us look at our general lives. We cant easily trust someone. Also, before hiring someone, proper verification of the prospect is done.Same is the case while applying for a loan. Therefore, check cibil score regularly. Why will a lender give you a loan?Correctly, they also evaluate the person based on his credit report and …
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Tips to maintain a good credit score
Why are we so concerned about our credit score? How can I manage My Cibil Score ? Let us understand : It is not only about the loans. However, it can offer so man other benefits to us. Less interest rate More savings Some sneaky ways to get a good credit score? 1) We all …
Avoiding Common Mistakes in terms of Credit Score
Maintaining a good credit score is very important nowadays if you want to avail loans and credit cards of your choice without getting rejected. But borrowers should be aware of how they can maintain a good credit score and what mistakes could harm their score. There are certain mistakes which an individual needs to avoid …
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The Thin line of gap between Credit Score and Credit Report
Checking Credit score is a good financial habit, that one should follow like a ritual. A credit report is like a report card that depicts all your banking transactions, including borrowings and prepayments. A credit score and credit report are two different things; a credit score is a numerical figure that derives the credit report’s …
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Truth’s about Credit Score
A credit’ score is a mirror to your financial health. Maintaining a good credit score is an essential factor that can boost your credit health. You can assure your credit health by knowing the below mentioned: Avoid too many inquiries: It is better to avoid too many queries at the same time. This usually happens …
Credit score 