5 ways to boost your CIBIL Score

5 ways to boost your CIBIL Score and maintain credit health efficiently 5 ways to boost your CIBIL Score and maintain credit health efficiently

[{"selector":"#anim-0e28c3c4-c730-4f44-8de8-1ee64eb175ac","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-fe1c5848-6760-4960-8e01-94ce687a644c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4688f22e-f095-4d6b-b163-937f6cf843b6","keyframes":{"transform":["translate3d(-115.12345%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] A good credit score is more than just a metric by which lenders gauge your creditworthiness A good credit score is more than just a metric by which lenders gauge your creditworthiness

[{"selector":"#anim-1b89aa7a-f61c-4f8d-8d11-60bc69d378d7","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-a6d0574e-24d6-4cc2-ac20-7a48094e2871","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-71401b58-5ff5-4ed9-8e7a-d5b4280dec48","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Generally, a score of 750 is preferred by credit lending agencies, as it indicates a low-risk profile. Generally, a score of 750 is preferred by credit lending agencies, as it indicates a low-risk profile. Learn more

[{"selector":"#anim-3ade5df7-49d5-46bf-bebb-b2e26513778a","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-b012bc54-7097-43ee-87c7-32ed4e433114","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a93b8836-6c1d-40b6-8e49-4d9410fb4257","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] To avail the various benefits on offer, it is important to have a high credit score. To avail the various benefits on offer, it is important to have a high credit score.

[{"selector":"#anim-22d0db89-95e4-4add-88e9-a75237537974","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-3549e12a-4b6b-4e99-8fc2-fee0f6d83295","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ecb007b-5447-4dd4-8c12-78dcab7a55ee","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Late payments on your credit card dues or your loan EMIs will negatively affect your CIBIL Score. Late payments on your credit card dues or your loan EMIs will negatively affect your CIBIL Score.

[{"selector":"#anim-63c489b6-8c5f-4fe7-8468-d5ded5d852e4","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-50f2672a-02ce-464b-b857-e1d0fdc5878f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f29202f9-b203-42b5-840f-98ecaa7237b9","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The optimal credit utilisation ratio is 30%, wherein you do no use more than 30% of the total credit assigned to you The optimal credit utilisation ratio is 30%, wherein you do no use more than 30% of the total credit assigned to you

[{"selector":"#anim-6c587d4c-706e-4d6e-a4be-12b53d9f81a1","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-043393e6-81f7-4a53-be0e-d1de2e2fe86a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5004f192-257b-424b-b81f-b33f6b3b6b3d","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] If you have an old credit card with a long repayment history and good track record, using it can help you improve your CIBIL Score. If you have an old credit card with a long repayment history and good track record, using it can help you improve your CIBIL Score.

[{"selector":"#anim-8641ae71-5a27-4b40-9b4a-e4191e8e2ae4","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-761e7ed1-bac4-492c-96cb-c378acacd867","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cab8154f-b635-4386-adb3-edd9b26438a5","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Filling multiple credit applications over a short span of time can impact your credit score negatively Filling multiple credit applications over a short span of time can impact your credit score negatively

[{"selector":"#anim-17872ae0-db7f-4958-9ee1-c03cda96a323","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-8bd7d1cd-107f-4e0d-ac42-a9faf8956e76","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-28edb4c7-20d4-42eb-af4a-2e71f0480a0b","keyframes":{"transform":["translate3d(-113.88889%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reporting errors in your credit history can cause a dip in your CIBIL Score Reporting errors in your credit history can cause a dip in your CIBIL Score Learn more