You must have heard the term 'credit score' or 'CIBIL score'. These words have now become part of common parlance. Most people don't know what a CBIL score is or how to check it. Read on to know more about these.

What is a credit score?

A credit score basically represents your creditworthiness in a numerical format. This score shows your ability to repay the borrowed amount. Usually, the CIBIL score is a three-digit score ranging from 300 to 900.

Often 'Credit Score' and 'CIBIL Score' are used interchangeably. However, CIBIL or TransUnion CIBIL Limited, is one of the most trusted credit information companies in the country. This company collects the credit history and information of millions of people. In India, the CIBIL score is often referred to as the credit score because of its excellent reputation.

• Step 1: Go to the CIBIL website.
• Step 2: Fill in the required details such as name, contact number and email address.
• Step 3: Fill in additional details about yourself, including your PAN number.
• Step 4: Answer all the questions about your loans and credit cards correctly.
• These are the four important steps to be followed to check the CIBIL score. However, the following is a continuation of the main steps listed above.
• Step 5: You will be prompted for various paid subscriptions (if you need more than one report in a year) If you only need a one-time free credit score and report, select 'No Thanks' at the bottom of the page. This is the stage where your account will be created and a confirmation message will be displayed on the following page.
• Step 6: Using your login and password created in Step 2, you can login to your account.
• Step 7: Once you are logged in, all your personal information will be automatically filled in by default (please enter the exact information if the fields are not filled in automatically) Please enter your contact number and click on submit.
• Step 8: Once you have submitted that form you will be able to see the dashboard that includes your CIBIL score. Also, you will get your credit report on the dashboard.

How to check CIBIL score multiple times?

Checking your CIBIL score on a regular basis will not reduce your credit points. Be sure to check your credit score before seeking new credit, as this can help boost your credit score over time. You can make sure you have an optimal score for credit approval and avoid having your application denied.