Why CIBIL Score Matters
Your CIBIL score (300-900) is the single most important factor in loan approval. A score above 750 gets you the lowest rates.
7 Steps to Improve
- Pay all EMIs on time
- Keep credit card usage below 30%
- Avoid multiple loan applications
- Check your CIBIL report for errors
- Don't close your oldest credit card
- Maintain a healthy credit mix
- Never settle a loan β always close it
β±οΈ Most people see 50-80 point improvement within 3-6 months.