10-Aug-2016 written by : FSI-Team
If you are an individual who is financially conscientious, you probably know or have been told about the importance of building and thereby improving your CIBIL score, so that it remains above the level of 750 and above (out of 900). As an individual who likes to keep financial matters sorted, it is quite possible that you put in your best possible effort to maintain good credit behavior so that you can increase your credit score.
However, even though you know in theory that it is financially prudent to check your CIBIL score at least one or twice annually, you stop short because CIBIL or any other credit bureau in India would charge a maximum of Rs 500 to access your CIBIL score and the CIBIL report. To you this seems like a waste because it is just a piece of information that you would like to see and you strongly feel that you should be entitled to at least one free CIBIL report in a year. After all it is no credit solution you are seeking, all you want to know is whether or not your financial records are in track!
While your logic is perfectly reasonable and that is indeed why there are many investors and consumers of credit who are lobbying for this very cause, CIBIL, India’s premiere credit bureau has not agreed to this long standing demand as of yet. But that is no reason to lose hope about a free credit score in India, for you can still get one if you desperately want to know what is going on with your credit profile.
You can access your credit score and credit report absolutely free of cost at www.freescoreindia.com that lets you get an estimate of your credit score free of charge. All you need to do is register and fill in the correct details about yourself to get your credit score. You can also directly log in to www.creditsudhaar.com that will not only help you assess your credit score but as India’s première health management company can also give you insights about what you need to do to boost your CIBIL score.
If you are already in a debt trap or fear that you may soon be approaching one, you could avail of their services to find appropriate credit solutions that will help you arrange your finances in a manner that will help you avoid the debt trap or get you out of one in the best way possible. This is however a fee based service that chalks out a customized solution to your credit problems. If you are at a loss about how to fix your credit problems and do not know where to start, a credit health management company is the right place to go as they not only provide credit repair services, they also tell you what best you can do so as to avoid such a situation in the future.
Not only www.freescoreindia.com and www.creditsudhaar.com are the best sites where you can arrive at your possible credit score, you can even obtain another copy of your updated score post 6 months of withdrawing your fist report. This periodic check can help you on checking inspecting the discrepancies and or following up on the correct updation of the issues that you had taken up with the respective bank or the credit bureau earlier. In fact, keeping a periodic check over your credit score is an important part of maintaining your financial health and you should not be skimping on this count. Besides, keeping a hawk eye over your credit report will also ensure that you do not fall prey to an identity theft as you will automatically file a CIBIL dispute in case you were to spot any error in your report.
A perfect credit score and a blemish free credit report will ensure that your credit application goes through smoothly and you can avail of the credit line in a hassle free manner.