Uploaded on Jun 25, 2021
Review your credit report for accuracy and no errors. Sometimes it is not your fault when you find a bad score. If you are updated with your credit report, you can easily find out any loopholes or errors that are bringing your credit score down. The habit of CIBIL score check online will help you improve your score. https://www.clix.capital/check-credit-score/
How to improve credit score in India with these 12 financial habits
How to improve credit score in
India with these 12 financial habits
A rejection of a loan is a bad experience altogether.
It happens due to various reasons, and you have
probably not fulfilled them. The best way to handle
rejection in the loan is to improve your loopholes
by understanding where you went wrong. It helps
you to get a loan at ease in the future without any
rejection. A credit score is one of the most
important factors that can get you a loan approval
without any hurdle.
Review your credit report for accuracy
• Review your credit report for accuracy and no
errors. Sometimes it is not your fault when you
find a bad score. If you are updated with your
credit report, you can easily find out any
loopholes or errors that are bringing your credit
score down. The habit of
CIBIL score check online will help you
improve your score.
Pay your bills on time
Pay your bills on time without any
delay. There is a due date for every
EMI, and you need to pay it within
that due date. If you miss the
payment and delay it, the credit
score will be affected. Pay your bills
on time, and if necessary you can
automate it.
Pay the full bill amount
• Pay the full bill amount and
not the minimum amount due
in the bills. When you pay the
minimum amount, there is
always an overdue amount.
This overdue will affect your
credit score and will not give
you a good experience. Always
clear your bills with the whole
amount.
Go for debt consolidation
• Do not close your credit cards or
other accounts. Keeping your account
or credit card open will increase the
credit age. This age will be very
important for a good credit score. You
can stop using your cards, but do not
close the account permanently as this
will hurt your score.
Wrapping up
• Go for debt consolidation if you have too much debt. When too many debts are
there in your financial journey, it affects your credit score. The idea is to
consolidate all the debt in one single one so that your credit score is improved. Not
only credit score but your chances of debt failure or too many expenses in paying
high EMI and rate of interest will also stoop down.
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://www.clix.capital/check-credit-score/
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