Importance of Credit Score – Importance of CIBIL
A credit score is a number between 300 and 900, given to you by a credit bureau (such as CIBIL). Your credit score increases your chances of getting your loan application approved. If you have a high credit score, you may qualify for a loan with a larger amount or a lower interest rate.
However, if your score is below 750, you may find it difficult to get a personal loan, or you may have to pay only a small loan or a higher interest rate.
How to Check Credit Score Free on WhatsApp?
Step 1: Send ‘Hey’ to Experian India’s WhatsApp number +91-9920035444 or visit https://wa.me/message/LBKHANJQNOUKF1
Step 2: Enter basic information like your name, email address and phone number. Get your Experian credit score instantly via WhatsApp.
A password-protected copy of the Experian credit report can be requested and sent to the registered email address