Get Free Credit Score from Paisabazaar.com on WhatsApp

Besides checking and downloading your credit score for free, its time to receive your credit report on Whatsapp, as Paisabazaar has launched its free credit product on WhatsApp. Now, you can get your updated CIBIL/Credit Score at ZERO cost on WhatsApp by using Paisabazaar.com services.

Paisabazaar.com collaborates with WhatsApp to offer Free Credit Score

Paisabazaar.com, India’s largest loans and card marketplace announced the integration of its services on WhatsApp Business. Post this integration, Paisabazaar will be able to communicate with its customers regarding any update or information related to their customers’ credit scores. Through WhatsApp Business, customers will now be able to receive free and updated monthly credit scores/reports on their smartphones, tabs, laptops, and desktops.

Know more about Credit Score

Credit score is a 3-digit numeric that represents the creditworthiness and repayment capability of an individual. Credit score ranges from 300-900, wherein a score above 750 and close to 900 is considered good. Good credit score helps in the quick sanctioning of loans at lower interest rates and also helps in the issuance of best credit cards with more benefits.

Below mentioned are the ways to improve your credit score and factors that negatively impact your credit score:

Steps to Improve Your Credit Score

• Paying off all debts and loan EMIs on time
• Periodic or regular checking of credit report
• Maintaining healthy mix of credit
• Avoiding multiple loan or credit card applications
• Lowering credit utilization ration

Also Read: What are four reasons why you should check your credit report on a regular basis?

 Factors that Negatively Impact Your Credit Score

• Faulty or Erroneous credit report
• Default or delayed loan EMIs
• Poor repayment history
• Delayed or Missed credit card payments
• High credit utilization ratio >30%
• Multiple or frequent loan applications in short duration
• Multiple unsecured loans

Also Know: How to repair your faulty credit report?

Hence, by following these simple steps and suggestions, consumers can easily maintain and even build their credit score. Therefore, Paisabazaar, with its latest integration on WhatsApp will be providing free credit score to its customers on their smartphones, so that they can instantly keep a track of their credit score.

For any further query or assistance you can directly reach us at our Toll free no: 18002088877, email us at care@paisabazaar.com or can simply visit paisabazaar.com (one-stop destination) for all your banking and financial requirements.