5 reasons to check your credit report regularly in times of Covid-19
                     5 reasons to check your credit 
report regularly in times of Covid-19
As the Pandemic hit hard, RBI was generous 
enough to introduce a moratorium, where the loan 
repayment was extended and credit score was also 
not harmed. If you have registered yourself under 
this moratorium, possibilities are there that there 
can be issues in your credit report regarding the 
credit score and credit account.
Check your creditworthiness
• During this stressful pandemic where jobs are lost 
and salaries are deducted, you need to keep a 
regular check on your credit score and report. It 
helps you to understand where you stand in terms 
of credit and if you are liable for any financial help 
in the future. At regular intervals, you need to 
check your credit score, so that you know which 
way you can make things better. More than any 
other situation, during this Pandemic you must 
ensure and check credit score online with the help 
of free apps. Why? Check that now!
Correct errors and misinformation
During the moratorium where loan 
and credit went through various 
changes, it is possible for a minimal 
error which can affect your credit 
score. Any mistake in credit history 
can affect your score without your 
knowledge. Look for errors that 
have affected your score, if you 
expected a better one.
Meet emergency needs
• During the pandemic, if you 
constantly check reports, you can 
timely correct errors and work on 
your credit score. This situation 
can demand a financial need at 
any point in time, so be credit 
ready if in case you need a loan to 
meet an emergency. If you are 
consistent, you can increase your 
score and easily apply for a loan 
that gets approved easily.
Timely detection of errors
• If errors in credit repayment and 
personal information are detected 
on time, you can rectify them 
easily. It takes a lot of time to make 
changes, so the faster will be 
better. You need to make changes 
on time so that it gets rectified 
before any delay.
Detect hard enquiries
• If you are consistent in checking your 
credit report you can spot the hard 
inquires given by the loan providers. 
When a loan provider checks your credit 
score, it deducts a few points and lows 
down the score. The moment you find 
any hard enquiry, contact your loan 
provider.
 
Conclusion
• For a positive financial journey and to 
fight back this COVID era, you must 
ensure a regular credit score check 
online and build a strong financial 
base. For any emergency need or crisis 
during this world-affected scenario, 
you can easily apply for a loan to meet 
your daily needs or a medical 
emergency.
Clix Capital Services Pvt. Ltd.
Address: 
901b, 9th Floor, Two Horizon Centre, DLF Phase V
Gurgaon, Haryana, India – 122002
Phone Number: 1800 200 9898
Website: https://creditscore.clix.capital