CIBIL Score Login Free Services By CIBIL For The Users

CIBIL is a known credit bureau in India that helps the users in determining their credit score. The credit score is estimated on the basis of your payment history and represented in a numeric value of three digit number ranging from 300 to 900. You can check CIBIL score login free from the CIBIL’s official website only for the first time and after that, you have to pay a joining fee for the membership plan. Know about the CIBIL’s features & its services in this article.

How can you check the CIBIL score login free?

You can check the CIBIL score login free by creating an account at CIBIL’s website, you can do so by mentioning your personal details like mobile number, PAN number, Aadhar number, email id, etc. and after that click on the button “Accept and Continue”. The higher the score higher will be the chances of getting your desired loan or credit card. Because the bank or NBFC provides credit cards or loans to the customer whose CIBIL score is up to the eligibility. What if ones’ CIBIL score is not up to the card or loan eligibility in this situation, you can improve your CIBIL score by paying your loan outstanding amount and closing the unused credit cards which lowers your credit score.

What are the factors which can lower your CIBIL Score?

Some of the common factors which affects your CIBIL score and lowers the chances of getting a loan or credit card approval is mentioned below:

Repayment History: The most important factor is your repayment history that includes the details of your credit card dues if any and your loan EMI payments schedule. If you have any default in your loan EMIs then it directly affects your CIBIL score. On the other hand, if you do not take any loan or a credit card then your CIBIL score is considered zero and the bank or NBFC provides you loan and credit cards depending on your income and job stability.

Credit utilization ratio: It is the ratio of your credit usage from your total credit limit and calculated in percentage. The percentage below or equal to 40% helped in maintaining a good CIBIL score. For instance, if you have a credit limit of INR 5 lakh and used INR 2 lakh then your credit utilization ratio would be 30%.

Multiple Loan Application: If you apply for loans frequently then it can negatively affect the CIBIL score and you may have higher chances of getting a bad credit report. Os, instead of applying for loans you must focus on improving the score.

Advantages of the CIBIL Score Login free service

It is always difficult for the customers to understand the CIBIL score that’s why to overcome this problem CIBIL has provided CIBIL score login free service. By using the service you can check the CIBIL score easily by entering your PAN details, and the credit bureau will calculate the accurate credit score. You can also get suitable loan and credit offers if your credit score is above the average. Now, check your CIBIL score without any hassle with the trusted credit bureau in India CIBIL.