How to Improve Credit Score easily

How to increase your CREDIT SCORE easily

It is not difficult to improve credit score, follow these 3 methods:

By the way, credit scores range from 300 to 900. However, a score of 550 to 700 is considered fine. Scores between 700 and 900 are considered very good.
   

Before giving a loan to a customer, the bank looks at its financial position. This is done to find out whether he will be able to repay it after taking a loan. A credit score is very important in this. It broadly tells about the customer's credit.

1. Do not delay in repair
Discipline in loan repair is very important for credit score. EMI and credit card dues must be repaid before the due date. Applying reminders or giving auto-debit instruction is a good way to maintain this discipline.

2. Payment of different types of loans
A person who has a good record of repaying the loan, his credit score is usually better than the person who has never taken a loan. Therefore, to make a good credit score, it is necessary to have a good loan history. This may include different types of loans secured or unsecured, short term or long term. The loan history shows how someone took a loan and paid it.

3. Keep an eye on the joint account,
where there is a joint holder, it is important to keep an eye on the loan repayment. In case of a joint loan, a customer has equal responsibility for the payment of EMI. This has a direct impact on the credit score. The same thing applies even if you take a guarantee on someone else's loan. The guarantor is also equally responsible for the repayment of such a loan.

Keep these things in mind:
To check the credit score, the customer can get a fresh credit report by paying the prescribed fees on the CIBIL website. 

- Mistakes in credit reports can be corrected by adopting a correction process.