📈 Top 10 CIBIL Score Improvement Tips
1. ✅ Pay EMIs and Credit Card Bills on Time
Timely payments are the most important factor. Set reminders or use auto-debit to avoid missing due dates.
2. 💳 Keep Credit Card Usage Below 30%
If your credit limit is ₹1,00,000, try to use only ₹30,000 or less. High usage shows credit dependency and reduces your score.
3. 🔄 Avoid Multiple Loan Applications in a Short Time
Each loan inquiry affects your score. Too many hard inquiries make you look credit-hungry.
4. 🧾 Maintain a Healthy Credit Mix
A mix of secured (home/car loan) and unsecured (personal loan/credit card) loans shows you can handle different types of credit responsibly.
5. 🕒 Don’t Close Old Credit Accounts
Long credit history helps your score. Keep old, well-managed accounts open even if you’re not using them much.
6. 🧮 Check Your CIBIL Report Regularly
Visit www.cibil.com and check for errors or wrong entries. Raise a dispute if needed.
7. 📉 Reduce Outstanding Debt
Try to pay off credit cards and loans early. A low credit utilization ratio helps improve your credit health.
8. ❌ Avoid Loan Settlements
Settling a loan for less than the full amount harms your credit score for years. Always try to pay in full.
9. 📋 Become a Co-signer or Authorized User Wisely
Don’t co-sign someone else’s loan unless you fully trust them—it affects your score too.
10. 📊 Use a Credit Builder Loan or Secured Credit Card
These tools are great for people with no or low credit score to build trust with lenders.
🧠 Bonus Tip:
Improving your CIBIL score takes 3–6 months of consistent effort, but it’s worth it for lower interest rates and easier loan approvals.
