Credit score plays an important part while analysing your credit worthiness for loan approval. Most lending institutions require your credit score before the disbursement of loan amounts.
Cut Out your Credit Card Balance
Pay your credit card and utility bills on time. Late payments not only impact your CIBIL score but also lead to penalties.
Showcase Good Debt
Good debts are great for your credit score. Validate that you have handled your debts well.
Pay EMIs on Time
It's always better to pay your EMIS in a timely manner and this helps you keep your CIBIL score intact.
Keep a Check on your Credit Report
Always keep a check on your credit report to stay updated about the CIBIL score and the scope of improvement.
Increase your Credit Limit
Having a large credit available and keeping the utilisation low is highly recommended to improve your CIBIL score.