How to check your CIBIL Score Online for FREE?

ajaysingh89 October 26, 2021

0 741 3 minutes read

A good credit score can save you a lot of money. You cannot afford an expensive loan no matter how much you earn. When you keep paying your high EMI every month at some point you will feel a crisis. That is the reason why a good credit score is so important. A good credit score makes your loan affordable and gives you loan approval. Isn’t it so amazing and easy? Well, having a good score will take up a lot of good financial activities and behavior.

A credit score is very important when it comes to loan approval. You will need a loan to meet up your emergencies and needs, but a bad credit score can restrict you from all of it. This is why you should bag a good credit score to seek an affordable loan. How to check credit score? You can check under the tab of ‘my credit score’ on the website of Clix Capital, absolutely free of cost and it will be helpful for you to stay updated.

What is meant by a credit score?

A credit score is a three-digit score that represents the credit health and background of an individual. The various financial activities done by an individual will give him a credit score. So, when the activities are good the credit score will also be good. Things like the track record, payment, outstanding bills, default, delayed payment, credit accounts are taken into consideration. Based on how you have handled your credit all these years, a score is given.

This score is checked by the financial institutions before deciding the fate of a loan application. A good score gives much more than approval to the borrower. It is important to check your credit score often so that you can detect your score and also look for errors.

How can you check your credit score?

Visit the website that offers a digital free check credit score option. This website will have a free credit score check option where you need to click.
Next, you need to enter all the details about you that have been asked like your name, address, e-mail, contact, and personal identification numbers like PAN card and Aadhar card. After inputting the details you will click on get score.
You will get your score within a few seconds. The score will help you understand where you stand. You can also look for the credit report for a detailed statement about all the activities. If you get a score above 750 you are good to go, and for anything below that start improving your score.

Why check my credit score?

The credit score should be regularly checked by you. Visit the website of Clix Capital as it offers a free instant credit check option. You can visit and check your score anytime without hurting your credit or paying for it. By checking your credit score regularly you actually keep yourself updated. When you find a bad score you can actually work out your score in a better way. Learn How to calculate business loan by using a business loan calculator.

Similarly, you can look for errors if you find an unexpectedly low score. Once you report the errors in your credit report your changes will be reported. A credit score makes you aware of your credit status and how well you are eligible to get a loan. It makes you understand your credit status so that you are able to take the right decision in credit.

However, all of this takes time. You need to update yourself with the right score

Improve your credit score

Pay your bills on time. You need to make sure that you pay your bills on time. When you delay your payment it will not add to your credit score but damage it further. You need to make sure that you add on your credit points by making your payment on time
Do not keep any outstanding. You need to clear your payment completely. Do not keep any outstanding amount when you have a credit card bill or an EMI pending. When you pay your full bill amount it will help you get a good credit score. Ensure that it is not overdue or outstanding.
Do not close your credit account. The more you let your credit age the better it is for your credit score. Make sure you keep your accounts open even when you do not use them. Keeping your account open will increase your credit score.
Keep your credit mix right. Have a mixed credit line. This will help you get a good credit score. Do not be restricted only to just one type of loan. Keep borrowing various kinds of loans.