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Thread: What to do to build the CIBIL Score?

  1. #1
    PolicyWala Newbie
    Join Date
    Mar 2009
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    19

    Question What to do to build the CIBIL Score?

    A couple of months back, a colleague went to our salary account bank to apply for a personal loan. He was rejected. The reason he was given astounded me - that you have not taken any loans/Credit Card's in the past & hence your Cibil score is low - so, you are not eligible for a loan.

    What to do to build the CIBIL Score?



  2. #2
    Moderator Matrix's Avatar
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    Jul 2009
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    India
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    258

    Default

    First thing is to check your CIBIL Credit Report and find out whether all your details are correct.

  3. #3
    Moderator Rahul's Avatar
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    |Jargon Buster|Before you post, please read the FAQ and the sticky posts on the board you wish to use.|Blog|

  4. #4
    NewBie
    Join Date
    May 2017
    Location
    Hyderabad
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    11

    Default

    Yes, To build your credit score take credit card from any bank, make payments regularly so that you can build good credit score

  5. #5
    Banned
    Join Date
    Jun 2018
    Location
    India
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    10

    Default

    Never default your credit card bills or loan EMI. Pay them without fail and within a specified period.


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