WHY and HOW to Check Your Credit Score & Report (Check free of cost..Everytime)

WHY TO CHECK CIBIL SCORE AND REPORT REGULARLY

1)  Whenever you apply for a loan, lenders check your CIBIL Score and Report. If score is less than 750, your loan application is likely to be rejected. The higher your score, the higher are the chances of your loan application getting approved! So, regularly monitor your CIBIL score to ensure than it always remains above 750.

   2)  To make sure no one misused your personal docs/data and get loan in your name. Although it’s rare to happen, but it happened in past with many persons in India. So, it is better to be careful than regret later. Read recent example of Feb,2017 where a fraud person was granted Vehicle Loan of Rs. 13 Lacs by a very reputed bank of India based on fake documents provided by him:

http://www.thehindu.com/news/cities/mumbai/Man-held-for-securing-%E2%82%B913-lakh-vehicle-loan-using-fake-documents/article17289670.ece

Just Google and you will find many such real life examples.

So, Be Alert Always..

WHAT TO CHECK

Check your Credit Health Score i.e. CIBIL Score to ensure that it’s always above 750

Check name of your lenders and type & amt of credit (Original Sanctioned Amt and O/s Amt)

Check which banker/lender has inquired your CIBIL Report recently, when and for what amt & purpose (loan type) inquiry was made

HOW TO CHECK CIBIL SCORE AND REPORT FREE OF COST EVERYTIME

Visit https://www.cibil.com/freecreditscore/

Fill Up Email Add/DOB/Gender/PAN

Enter Capche in the given Box, Tick “I Acknowledge...” Box and Click “Submit”

On Next Page, fill some additional info as below:

First Name/Last Name

Address (First Select State, Then Select City, Then Fill PIN)

Select Telephone Type as Mobile Phone and Fill Mobile No

Again Enter Charcter (Capche), Tick Ack Box and Click Submit

On Next Page, Click “No thanks”

On Next Page, Click “Skip”

On Next Page, Click “Skip”

On “Online Consumer Authentication” Page-

Match Credit facility with Month/Year of that Facility (which you have taken) and

Match Lender Name with Credit facility

After this below page will appear:

Click “Visit myCIBIL” at bottom of this page

Create your Password (Password must be of Min 8 Character containing 1 Special, 1 Number and 1 Upper Case Letter) 

On Next page, Use Email Id (given at time of registration) and this password to login

Save this User id & Password for future use along with below link to check CIBIL Score & Report on regular basis:

https://www.cibil.com/cas/consumer/portal/login?service=https://www.cibil.com/mycibil/sso

Keep checking your CREDIT HEALTH @ Regular Intervals...and that's for Free of cost.

Wish you have Gr8 Credit Health always!

Enjoy NOW!