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How to improve credit score in India with these 12 financial habits

Review your credit report for accuracy and no errors. Sometimes it is not your fault when you find a bad score. If you are updated with your credit report, you can easily find out any loopholes or errors that are bringing your credit score down. The habit of CIBIL score check online will help you improve your score.<br>https://www.clix.capital/check-credit-score/

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How to improve credit score in India with these 12 financial habits

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  1. How to improve credit score in India with these 12 financial habits A rejection of a loan is a bad experience altogether. It happens due to various reasons, and you have probably not fulfilled them. The best way to handle rejection in the loan is to improve your loopholes by understanding where you went wrong. It helps you to get a loan at ease in the future without any rejection. A credit score is one of the most important factors that can get you a loan approval without any hurdle.

  2. Review your credit report for accuracy • Review your credit report for accuracy and no errors. Sometimes it is not your fault when you find a bad score. If you are updated with your credit report, you can easily find out any loopholes or errors that are bringing your credit score down. The habit of CIBIL score check online will help you improve your score.

  3. Pay your bills on time Pay your bills on time without any delay. There is a due date for every EMI, and you need to pay it within that due date. If you miss the payment and delay it, the credit score will be affected. Pay your bills on time, and if necessary you can automate it.

  4. Pay the full bill amount • Pay the full bill amount and not the minimum amount due in the bills. When you pay the minimum amount, there is always an overdue amount. This overdue will affect your credit score and will not give you a good experience. Always clear your bills with the whole amount.

  5. Go for debt consolidation • Do not close your credit cards or other accounts. Keeping your account or credit card open will increase the credit age. This age will be very important for a good credit score. You can stop using your cards, but do not close the account permanently as this will hurt your score.

  6. Wrapping up • Go for debt consolidation if you have too much debt. When too many debts are there in your financial journey, it affects your credit score. The idea is to consolidate all the debt in one single one so that your credit score is improved. Not only credit score but your chances of debt failure or too many expenses in paying high EMI and rate of interest will also stoop down.

  7. Clix Capital Services Pvt. Ltd. Address: 901b, 9th Floor, Two Horizon Centre, DLF Phase V Gurgaon, Haryana, India – 122002 Phone Number: 1800 200 9898 Website: https://www.clix.capital/check-credit-score/

  8. Read More: https://check-cibil-score.blogspot.com/2021/06/how-to-improve-credit-score-in-india.html

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