Getting something for free makes people happier than something they are paying for. People want to get things for free and so is the case with CIBIL report. When many websites including CIBIL is charging you to provide the report and score, searching for a free option is quite obvious.
There are many websites that provide free CIBIL report and score. You can look for such options online and get your report. In this article, we have shown the steps involved to check CIBIL score online and also the procedure to get the free credit report.
Below are the steps you have to follow to check your CIBIL score.
Many people in India have no credit history and hence no score. So it is quite normal to have 0 credit score. But, having a low credit score shows that you have not been a disciplined debt payer. In simple terms, your CIBIL score is low because you have missed payments or you are a defaulter. CIBIL score of 750 is generally considered to be a good score and if you have less than that, it is considered to be low.
If your score is less than 750, you can surely apply for a loan or credit card. But, the difference is that most of the deals are not accessible to you. Having said that, loans you will get will be given on a higher rate and credit cards with lesser facilities. So, if it is about eligibility, you are eligible even if you have a low or poor credit score but it is also true that you lose best deals.
You can get your CIBIL or credit report on your email ID by following the below steps:
As you can see, it is quite simple to check your CIBIL and get its report. The important thing is to know that you have to maintain a good CIBIL score so that no good deal is out of your league. So, you can also look for some improvement measures parallelly just in case your score is low.
Srishti Singh is a professional writer since 2014. She has given her inputs on topics from different genres such as social issues, entertainment, and finance. Here, she has shared her thoughts on CIBIL score. This article will help you know how can you check your CIBIL score in India simplest way and also some effective measures to improve it.