CHECK YOUR FREE CREDIT SCORE

Credit Score

Your 3 digit credit score can lead you to a bright financial future. A high credit score helps in availing credit at a lower rate of interest. It also reflects the credit health of an individual.

free cibil report online

Why Free Score India Gives Away Credit Score For Free?

25-Oct-2016 written by : FSI-Team

Credit scores are doubtlessly the most crucial metric to gauge one's creditworthiness. When considering a loan application, lenders look for those who have a high score. CIBIL claims 79% of loans that are approved are for people with a credit score of 750 and more. Such a score reflects a healthy credit profile. A high score is therefore a desirable attribute in every borrower’s application.

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5 reasons to check your credit score regularly

19-Oct-2016 written by : FSI-Team

Ananya was scheduled to travel to US for an assignment. She applied for a credit card specifically suited for use abroad but her application was rejected due to a low credit score. She shared her dilemma with her colleague Preeti who was also travelling and had applied for the same card. Preeti enquired if knew what was the problem with her credit score and if Ananya ever checked her credit report. Ananya was clueless!

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free cibil report online

Obtain a free credit report and start saving money

24-Sep-2016 written by : FSI-Team

Globally, your credit score holds more relevance than you would imagine – it can be the deciding factor between your being able to rent an apartment or a house, getting a new phone connection, determining the premium you would pay on your insurance policy and in some instances, even getting a job. Closer back home, in India, credit scores are currently used predominantly in the banking and financial services (BFSI) sector, with lenders (banks as well as other financial institutions) evaluating your score before agreeing to extend a fresh line of credit to a borrower.

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Boost Your Credit Score in 3 Steps

20-Sep-2016 written by : FSI-Team

Vivek applied for a home loan, there was a lucrative festival offer by a builder which he did not want to miss. However he was surprised when his loan application was rejected due to a poor credit score and consequently he missed the home deal.

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Mythology of a great CIBIL score

13-Sep-2016 written by : FSI-Team

So what is behind a great credit score, anyway? What is it that you must do if you want to be in that much-admired league of individuals with a score of 800 and above? For starters then, let us try to understand why so many myths abound with regards to credit scores in the first place, which will help us segregate fact from fiction so that we can work towards ensuring a good credit score

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Does all the hype on Credit Score justified? Do I really need to have a good score?

08-Sep-2016 written by : FSI-Team

As kids we all wanted to excel in our exams and show off our good scores in our report cards. Our teachers and parents always encouraged us to do better and aim higher. As a result we were made to pay attention to the littlest of details and keep a check on our own actions at all times. Who knew that it would actually serve as a foundation for a self monitoring and disciplined life? Apply all these learnings to finances and you will be all set on the right track.

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free cibil report online

Give wings to your loan application through credit scores

31-Aug-2016 written by : FSI-Team

Have you recently applied for a loan, or are in the process of applying for one? Be it for your dream house or car, or even a personal loan to tide you through an unfortunate financial crisis, you should know that while lenders are willing to extend a loan, it does depend on certain terms and conditions.

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free cibil report online

Why Getting Free Credit Score Is Like Winning A Lottery?

20-Aug-2016 written by : FSI-Team

Banker: Sir your credit score is not in line with our bank's policy. Unfortunately, we won’t be able to give you a loan Customer: What credit score? I don’t believe you. Show me my report. Banker: Sir, you can ask for your report online on www.cibil.com . After paying Rs. 550/-, you will be sent your report in your mailbox. Customer: Why should I pay Rs. 550/-? You are not giving me a loan, are you? And yet you want me to shell more out of my pocket? It’s my report and I demand to see it, for free.

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free cibil report online

When Was the Last Time You Monitored Your Credit Report?

12-Aug-2016 written by : FSI-Team

Mr. Ram Kumar Sharma was a health freak. He led a disciplined life, yoga in the morning, a bowl of fruits after that, green tea without sugar etc. He had adopted many such ways in the interest of his healthy mind, body and soul. Not just this. He had made it a point to get all essential pathological tests done every year on January 1st. This date was convenient to remember. He filed his earlier test reports and compared them with his latest ones to notice any differences. He always sought a doctor’s opinion over his reports. Unfortunately, he wasn’t as mindful of his credit health.

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Beware of these 7 negative flags on your CIBIL report!

03-Aug-2016 written by : FSI-Team

When you're looking for fresh credit and approach a bank or financial institution for the same, nothing scares a lender off more than a few red flags in an individual's credit report. Given then that the credit report can be the make or break reason for your loan application to either go through or be rejected entirely, let's take a quick look at some of the terms you need to ensure are not on your credit report at any point.

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12 Credit Score Myths

29-July-2016 written by : FSI-Team

The concept of credit reporting and scoring is shrouded in a bountiful of myths & misconceptions. Some of these myths have been blown out of proportion and they sound real. One should not allow incorrect information to influence their financial decisions. Let us shatter some of these myths and clear the air for our readers.

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What to do if my CIBIL score is 0/ NA?

21-July-2016 written by : FSI-Team

CIBIL is a one of the four rating agencies that provides credit rating for individuals in India. The CIBIL score is usually a number ranging from 300 to 900 in most cases but not always. A higher CIBIL rating is indicative of responsible borrowing behavior and a low likelihood of default while lower score indicates the opposite. Generally loans are sanctioned to those who have a score 700 or above. Sometimes the score can be NA or NH and sometimes even 0 or -1 (minus 1). In the following discussion we understand does 0 or NA mean for the borrower.

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free cibil report online

How to get Free Credit Scores in India

02-Sep-2015 written by : FSI-Team

People who have a good credit score have multiple advantages. One that has a bad credit score can improve it by taking Experian Help. There are many benefits of having a good credit score as it has a positive impact on the financial life of an individual. A good score can also give you profit in terms of rate on insurance. It also increases the chances of your loan to get approved.

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free cibil report online

How to get Free Credit Scores in India

13-July-2016 written by : FSI-Team

Since the inception of credit bureaus in India in the year 2000, the awareness and use of bureau data is now on the rise. While a large chunk of the population continues to be unaware of how credit bureaus work and what credit information reports and scores mean to each of us at an individual level, we as a country are slowly but surely getting there.

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free cibil report online

Is Good CIBIL Score Now a Job Prerequisite

08-July-2016 written by : FSI-Team

A good credit score is a must for a loan, most of us might be aware of this fact. Often in our earlier posts we gave also discussed that how a good CIBIL score in future could be a pre-requisite to getting jobs in the higher management cadres or in some financial domain companies but now the future is here! It is no more something that will happen a few years down the line; SBI has put it on the fore front by making it a prerequisite for getting a job with them.

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Need a loan? Only a good CIBIL score may not help

23-June-2016 written by : FSI-Team

Looking to buy your dream home? Or now that you've just bought one, a personal loan to do it up the way you've always wanted? Whatever be your dream, with the myriad loan options out there, there invariably is something for everyone. Of course, wanting to avail of a loan and finally getting one sanctioned are two entirely different things, and the latter needs more than just luck. Let's take a look then at the factors that go into loan approval.

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4 Tips You Can Follow To Secure Your Finances

27-May-2016 written by : FSI-Team

You flip a newspaper, gather from your social circle or turn on the prime time business news one common bulletin that resonates all across is that economically, times are tough. More and more people are being laid off and there are fewer jobs in the market.

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Gold loan on CIBIL report can act as a mine

03-May-2016 written by : FSI-Team

With the awareness about credit information companies or bureaus and the work they do growing, it comes as no surprise then that the importance of having a good CIBIL report has never been more prominent than it is today. Over 80 percent of loans that are approved, are of those individuals who have a score of 750 and above (of a possible 900), which clearly indicates that higher your score, better are your chances of approval for a fresh line of credit.

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free cibil report online

Do you wish to get a free CIBIL score?

23-April-2016 written by : FSI-Team

If you're looking to rebuild your credit history, or even just keep track of it, the right place to begin would be your credit report. Knowing your credit information is important because virtually no financial transaction such a loan or credit card application goes though without the lender in question checking these details.

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How often should you check your credit score?

How Does Your CIBIL Score Impact Your Financial Life?

16-April-2016 written by : FSI-Team

Yes, money is important. In order to fulfil any basic requirements or to enjoy luxuries like an expensive trip abroad, one needs money. Given today's economic conditions, one has to seek help of credit to move even inches closer to fulfilling ones dreams. Credit is the bridge that helps an individual cover the gap between what one's pocket allows to buy and what one aspires to buy. For example, given your monthly disposable income you can only purchase a Maruti Suzuki Alto k10 but with the help of a car loan you can afford to buy a Maruti Suzuki Swift Dzire. So, credit helps you reach for products and services beyond your means, brings you greater financial satisfaction and boosts your affordability.

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How often should you check your credit score?

Awareness of CIBIL Ratings in India

11-April-2016 written by : FSI-Team

If you handle your own finances, you are very likely to have heard of CIBIL. If you are about to make an expensive purchase, like a house or a car, then you are going to want to know all about CIBIL. It so happens, CIBIL will be playing a big role in whether you get a loan or not. So, let's try and demystify what CIBIL is and how it functions in the credit society.

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How often should you check your credit score?

Have a low CIBIL scores? Try these Ideas

21-Mar-2016 written by : FSI-Team

A Low CIBIL score spells trouble and indicates that all is not well with your financial world; whether it's due to lack of financial management or discipline or both. A low CIBIL score could be due to a chronic problem like late payments or a one off issue like not taking a NOC for a loan for which the term has ended. Whatever be the issue there is a solution, however sometimes the road to a better score may take time and requires patience.

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How often should you check your credit score?

Credit Scores in India

10-Mar-2016 written by : FSI-Team

Credit scores were first introduced in the 1950s in California, USA. Since then they have sort of become a way of living and dealing in all financial matters in western nations, especially those that involve credit. Individual credit ratings or widely referred to as "credit scores" are a very new concept in India. And it's about time that citizens of our great nation wake up to this new avenue and adopt it in their daily lifestyle.

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How often should you check your credit score?

Best Ways to Improve My CIBIL Score

04-Mar-2016 written by : FSI-Team

Trying to improve the CIBIL score obviously requires focusing on factors that constitute in building the credit score. All aspects of your financial decision making do not have an impact on your CIBIL score so there is no point trying to work on the non related factors. The importance of a good credit score extends beyond its utility in getting a loan application sanctioned. Below are a few ways to help you in improving the credit score.

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How often should you check your credit score?

Will making the minimum payment on my credit card hurt my CIBIL score?

18-Feb-2016 written by : FSI-Team

Let's face it. With an individual's credit health fast becoming as important as it is to be financially fit, credit reports and scores thereof are in the limelight like never before. From the inception of one credit bureau in India, there are now four - namely, CIBIL, Equifax, Experian and CRIF High Mark - licensed to operate by India's apex bank, the Reserve Bank of India (RBI). All this brings to the forefront the importance of the CIBIL score.

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How often should you check your credit score?

Is bad credit stressing you out?

11-Feb-2016 written by : FSI-Team

Being in a bad credit situation can take a toll on an individual not just financially but also mentally and emotionally. Outstanding balances on credit cards or other loans not only can lead to stress but more importantly can result in one ending into debt trap. This shall lead to sever impacting the CIBIL score and CIBIL report which in turn will make the person ineligible to avail credit. It becomes important for a timely intervention to avoid a situation where one succumbs to the constant pressure.

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How often should you check your credit score?

CIBIL Scores: The Key to a Hidden Fortune

02-Feb-2016 written by : FSI-Team

Did you know that being credit healthy is not just the key to getting a loan or credit card when you most require one, but that it also helps you save money over a period of time? If you're planning to make an application for a home loan, let's get you started with a few essential facts that will bring your credit score into perspective.

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How often should you check your credit score?

Decoding a 'bad' CIBIL score

28-Jan-2016 written by : FSI-Team

Credit plays a very crucial role when it comes to a person's life - any purchase that you choose to make, be it a house or a car, can be bought on credit today. Of course, while having your dreams fulfilled is one thing, to get a loan to manage the same is not always possible. While there may be several lenders in the market, your personal credit history plays a significant role in determining whether the credit you require will be extended to you or not.

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How often should you check your credit score?

Is Good CIBIL Score key to meet financial objectives?

11-Jan-2016 written by : FSI-Team

Imagine this. You have it all figured out. All your plans for future are laid and you are all set and raring to begin living your dreams. You have set your eyes on that dream house, your much wanted car, your son will go to the best college and how you will pay for it, your expansion plans, your dream destination and that entire jing bang. You have it all planned on how you will fund it. Until the day you receive a letter from the bank that your loan application has been rejected. Now what? First thing you need to do is check your CIBIL rating.

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How often should you check your credit score?

5 Things you won't find in your CIBIL Report

05-Jan-2016 written by : FSI-Team

A credit report is based on your financial life, and is a good indicator of how you handle credit. While there is a comprehensive amount of your financial details, you won't find a whole lot of personal information detailed therein. Of course, with multiple credit bureaus generating similar reports, you may just find minor differences across reports, but on the whole the parameters are more or less uniform.

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How often should you check your credit score?

This New Year, resolve to achieve a better CIBIL score!

28-Dec-2015 written by : FSI-Team

As the saying goes, ring out the old and ring in the new. There is probably no better way to bring in the New Year than by increasing your financial fitness. In order to do that, becoming - and subsequently remaining - credit healthy is the first step in the process. With the new year almost around the corner, let's see what all you can do to improve your credit score.

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How often should you check your credit score?

How Does CIBIL Score Impact my Employability?

24-Dec-2015 written by : FSI-Team

Till almost a decade back you could get a loan based on your contacts, how big your relationship with the bank was or how well you knew the manager. Then came in CIBIL and rest as they say is history; the world of lending changed forever for the borrower and the lender. The borrower now had something that he could work upon to improve his chances of getting a loan and the lenders found an objective and statistical too to assess applicants. Well who ever could have though the utility of the CIBIL score could move beyond loan and impact a person's employability too!

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How often should you check your credit score?

4 Steps to increase your CIBIL Score

17-Dec-2015 written by : FSI-Team

Do you believe that your CIBIL score is not up to par? Are you looking for options to better your existing score? Read on to find out more. With CIBIL being the oldest credit bureau in the country, a credit score has become synonymous with the bureau. Hence, when someone mentions a CIBIL score, they could be referring to a credit score.

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How often should you check your credit score?

Is paying better than applying for a free CIBIL score?

02-Dec-2015 written by : FSI-Team

In today's times, the CIBIL scores can be considered to be your passport to availability of loans and other credit facilities. Therefore it becomes highly important to check the scores. However, each one of us would like to avoid the charges wherever we can. But is it worth to obtain a free cibil score or should one spend the money to get the CIBIL report?

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How often should you check your credit score?

Your finances are what your credit scores are

01-Dec-2015 written by : FSI-Team

Your credit score is a three-digit summary of your credit history, and is an integral part of your credit report. It is typically between 300 and 900, and a higher score indicates that you are likely to be more creditworthy from a lender's perspective. Credit reports are generated by credit information companies, or credit bureaus.

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How often should you check your credit score?

How Credit Scores will Affect Loan Interest Rates?

26-Nov-2015 written by : FSI-Team

Rahul: I am relived; finally my home loan from ABC Bank for a Rs. 25 lakh got sanctioned.
Akash: I also got a loan sanctioned from them a week back for the same amount.
Rahul: Oh really! for how many years?
Akash: For 15 years, at 9.75%.
Rahul: Mine is also the same duration but how come I am being charged a higher interest?

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How often should you check your credit score?

Is good credit score really required?

16-Nov-2015 written by : FSI-Team

These days there are a lot of awareness campaigns going, on the impact and importance of maintaining a high credit score. There is a burst of write ups everywhere in the media that are warning prospective borrowers to maintain satisfactory credit scores or urging them to improve credit score lest the lose out on a chance to borrow credit when they are in requirement of it, at competitive rates of interest.

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How often should you check your credit score?

Women and Credit Score

05-Nov-2015 written by : FSI-Team

Traditionally men are associated with financial management and all matters related to money. However in today's world most women would be offended with this notion. In current times women are financially independent and make their own financial choices or are equal participants in all money related decisions in a family.

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How often should you check your credit score?

Life after a bad credit score

30-Oct-2015 written by : FSI-Team

A low or 'bad' credit score need not signify the end of one's financial dreams. With some financial discipline and patience, it is indeed possible to better your credit score.

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How often should you check your credit score?

How does CIBIL score affect mortgage

27-Oct-2015 written by : Aman Kapoor

A mortgage is a debt instrument where immovable properties like buildings, lands, apartments etc. may be used as a guarantee in order to obtain a loan. Just like any other credit instrument the CIBIL score has a major impact on the outcome of loan request.

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How often should you check your credit score?

How often should you check your credit score?

28-Sep-2015 written by : FSI-Team

Regardless of your borrowing needs, it is prudent to keep track of your credit score regularly. If you find anything out of the ordinary, it would be wise to report it to the concerned lender immediately, and have it rectified.

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Factors impacting your credit score

Factors impacting your credit score

23-Sep-2015 written by : FSI-Team

Everybody knows the importance of having a good credit information history and good credit score to get better interest rates on loans and easy approvals. For example a CIBIL TransUnion score of 750 or above is considered as a healthy borrower.

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5 steps to a better credit score

5 steps to a better credit score

18-Sep-2015 written by : FSI-Team

Prevention is definitely better than cure, especially when it comes to credits. One credit-mistake can cost you more than you would expect. Although certain flaws on a credit score could possibly be corrected, it is always advised - not to allow a single mistake scar your credit report. Keep your report clean and maintain it that way.

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How to check cibil score to apply for a loan

How to check cibil score to apply for a loan

3-Sep-2015 written by : FSI-Team

In the present financial scenario, with the increasing expenditure in almost everything and the opportunity to borrow money to avoid engaging your savings- credit cards and loan options have become extremely popular. That is the reason people are leaning forward to apply for loans. However, borrowing money or getting approved for a loan is not as easy as it sounds. In this case, you must maintain a good CIBIL score.

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Improve your CIBIL score

Improve your CIBIL score

28-Aug-2015 written by : FSI-Team

Crediting is the easiest and commonest way to escape your financial difficulties at the time of need. When you are in urgent requirement of buying something or want to spend money on a service that is crucial, and yet do not have the savings and the money to do so, you can easily rely on the option of getting a loan or using a credit card and repaying the amount later.

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Using your credit report in a smart way

27-June-2015 written by : FSI-Team

A credit report consists of basic yet detailed information regarding loans, credit cards, delinquent accounts, and accounts that are also positive. All of this information that is gathered into an archive to determine what kind of credit you possess and if there is suspicious activity noted in your account.

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The real need to keep a good credit score

31-May-2015 written by : FSI-Team

Credit score is calculated on the basis of the debts that you pay, how long you take to pay them, how long do you take to pay off your loans, is there any credit that you are still to pay off, how often do you keep your bills pending.

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How is my credit score used?

30-May-2015 written by : FSI-Team

Credit score is something that makes your financial status grow, through a different perspective. It is really important to take good care of the credit score so that it does not hamper the loan proceedings or your financial status anyhow.

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Get your Credit Score in India today

08-April-2015 written by : FSI-Team

Are you the one whose son wants to study abroad? But you can't send him due to the shortage of funds. Don't worry! Every one of us faces a financial crisis at some point in our life! To help you out, our financial markets have plethora of financial institutes. You can approach them for financial support and in course of time you can easily fulfil the dreams of your family members.

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Getting to a good credit score

08-April-2015 written by : FSI-Team

There are things you can do to bail yourself out when you have a low score. You have to realize that credit score improvement is possible regardless of the fact that you have the most exceedingly awful credit that anybody could possibly think of. There are ways to get a superior score and you have to know the steps which will take you to where you want your score to be.

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What is Credit Score and importance of credit score?

08-April-2015 written by : FSI-Team

With the turn of a millennium, Indian economy has managed to keep its progress pace steady or rather it won't be wrong to say it has accelerated its pace considerably over the due course of time. As financially, conditions are becoming favourable in markets, businessmen are opting for expansion of their businesses. On the flip side, increased investments and profits have ultimately paved way for increased demands from the common man. As demand exceeds over availability of disposable income it becomes necessary to go for credit borrowings.

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A good credit score makes loan process easy

08-April-2015 written by : FSI-Team

Credit score stands to be one of the most important elements especially when it comes to your loan getting accepted. It doesn't matter what kind of loan you are applying for because if your credit score is low, you are going to face problem with respect to the loan application. Credit score is a score which determines your financial trustworthiness and your ability of paying the debts back. Most of us, might delay the payment of our bills thinking who is going to keep the track however, one should note the fact that there are records that are kept and thus your credit score is determined.

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Making a comparison between credit score and credit report

08-April-2015 written by : FSI-Team

You can always get a credit check from any of the major credit reporting industries. This credit report check will show various areas about your personal and financial transactions and credit history over a period of years. It will contain some identifying information like your address and employer, as well as your date of birth that has been taken from any of your previous applications for credit. Your credit report will reveal all of your bank or credit union accounts as well as any present loans or credit cards. It will also contain your credit applications and repayment history.

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