Get free CIBIL score report from CIBIL Transunion online website The customer requires to submit their credit score to the bank or non banking financial institution for the approval of a loan or credit card. But how to check the CIBIL Score online free? You can use the CIBIL Transunion online credit bureau website services to check free CIBIL Score report. To know how to check CIBIL score and the importance of CIBIL Score go through the given article. Create an account and login first to get your CIBIL score report First, you have to create an account with CIBIL Transunion Online credit bureau by mentioning your details like PAN number, email id, mobile number, etc. When your account is created with CIBIL then you can easily check CIBIL score online free. But the free CIBIL check is only for the first time after that you have to subscribe to the premium plan. The CIBIL Score report contains the user credit history like repayment record, total number of loans, payment history, etc. How the CIBIL score is determined? CIBIL Score is a three digit number that ranges from 300 to 900, the score is determined on the basis of loan payment, due amount and type of loans. So, if a person borrows a large number of unsecured loans then even paying EMI on times can’t help in increasing your score. Also, there might be some errors in your CIBIL score report that is affecting your overall score. Remember you can only get approval for your desired loan amount or credit card if you maintain a healthy CIBIL score. Manage your CIBIL Score and get a good CIBIL Score report If your CIBIL score is low and you want to improve it then follow the below-mentioned points to improve your CIBIL Score report. Make timely Payment: If you take any kind of loan whether secured or unsecured make timely payments for your loan installments. Because, if you make any default or miss any EMIs then it will be shown on your report and decreases your score. So try not to skip the loan EMIs and use the auto-debit method for your loan payments so that you can’t forget the EMI payments. Maintain a low credit utilization ratio: The credit utilization ratio is estimated on your card spending. Suppose, if you use your card beyond its limit then your credit utilization would be high. This because the credit utilization ratio is based on the total limit minus used amount. so try not to spend a lot from your credit card to get a low credit utilization ratio and high CIBIL score.
Balanced type of loans: ​By balance it means that try to borrow the same number of secured and unsecured loans, because it helps in knowing the credit capacity of an individual. Generate your CIBIL Score Online free and get the desired loan or credit card You can check your CIBIL score for free from the CIBIL website and also get the suitable loan offers if you opt for the premium plans. Otherwise, with a good CIBIL score your loan or credit card is approved easily because it makes you credit worthy. So, check the free CIBIL Score from the official website of CIBIL Transunion and get to know your current CIBIL score.