RAISE YOUR SCORE ABOVE 750 !!

Worried about low CIBIL score ? Not getting loans ? Drowned with high interest rates ?
Low CIBIL score puts up a question mark on your creditworthiness.
Don't worry !! Follow some tips , improve your score and get access to your dream luxuries.


Keeping open mind is a necessity

First up admit that u followed an incorrect way of handling your money, and that is what has brought your Cibil score down in the first place. Be prepared to understand and accept your mistakes and have the right attitude to go about with corrective action.

Search where you stand

Now that you have admitted the problem, it's time to access your Cibil score and your report. 

Find out where you went wrong

Your Cibil report  is not like the report card you received at your school and will not list out your mistakes. You will therefore have to learn how to read your Cibil report  and find out why your Cibil score is low. Your credit report contains all your account information including all your bank accounts, loans and credit cards. Assuming that the rest of the information is correct, pertaining to your identity and the status of your accounts, look out for your DPD or days past due in every credit card or loan that you have availed.

 Error rectification

Your bank gives information about your loan account or credit card to Cibil and some times there may be discrepancies in this reporting process. These errors may be responsible for bringing down your Cibil score. Sometimes you may find errors such as an inaccurate account balance, an overdue amount when a loan repayment has been made, or a loan account that  has been  closed from your end but does not reflect on your Cibil report.In such cases, you need to raise a dispute for getting your errors recitified. 

Stick to a plan 

Once you have identified what the problem is, make a plan on how to improve your score assuming that your Cibil report is error free. If you need to pay off unpaid debts,outstanding amounts or even settled amounts, think about the best way that you can repay them. 

 We do not say its is easy! You will have to be disciplined about your other expenses and cut corners somewhere, but be determined and patient and stick to your plan and over time you will have a clean Cibil report and will result in an improved Cibil score. A good Cibil score indicates good financial health.

Your efforts and corrective measures can help you in improving score to a satisfactory level of 750 and above.