Two Options To Check Your Credit Score - CIBIL and Experian

To check credit score online, there are many credit bureau companies. But, two of the most popular ones are Experian and CIBIL. Both the bureau companies show the score range between 300-900 for Indian consumers. In India, the credit score range is considered between 300-900. So, in case you have not checked your credit score recently, you can do it from either of the two options. The process of checking these is given in this article. Later, you would get some additional information related to credit score.

What is the procedure for CIBIL Score check?

Follow the below steps to check your CIBIL score:

1. Go to check CIBIL score check website
2. Provide your full name as mentioned on the PAN card
3. Enter your Date of Birth
4. Choose the gender you belong to
5. Mention your PAN card number
6. Enter your contact address
7. Provide the email ID fn which you want to get the credit report
8. Enter your mobile number
9. Submit the form

The score you will get will be generated on the bases on the following data tracked by the credit bureau company.

How can you check your Experian score?

Follow the below steps to check your Experian credit score:

1. Provide your Full Name, Mobile Number, and Email ID and click on the ‘Submit’ button.
2. You will then receive an OTP on the registered mobile number
3. Submit that OTP and click on ‘Verify & Continue’ tab
4. Mention your Date of Birth and Gender
5. Provide your Permanent Address including the state, city, Pincode
6. Enter your Permanent Account Number (PAN) and submit.

A credit score is based on the factors as mentioned here:

• Repayment history (35%)
• Amount you owe to lenders (30%)
• Number of years of servicing debt (15%)
• Number and amount of recent loans taken (10%)
• Credit Mix (10%)

What are the factors affecting your credit score?

The factors that affect your credit score are given below:

• Do not get a card that you do not need.
• Avoid using more than 30% of your credit limit.
• Try not to increase your credit limit.
• Take even a small loan to build or improve your credit score.
• Prepayments of loans show ‘settled’ status on the credit report.
• Pay your bills on time as it is the most important factor for your credit score.

On the basis of the above information, you can decide where do you want to check your CIBIL score free online. It does not cost any money for a year to check it from selected portals such as Wishfin. So, you can visit the website and see where you stand in case of credit score and look forward to improve it if required.