How to Read Your CIBIL Report

To read and understand what is stated in your CIBIL report, you need to be familiar with its components. Check for these in your report and you will be able to make an understanding of where you report is indicating.

Components of Your CIBIL Report

1. CIBIL Score

This will be a 3-digit numeric value ranging from 300 - 900. You will also find score factors, i.e. the factors that affected your credit score.

2. Personal and Contact Information

This section shall hold your name, address details and phone number as provided by you.

3. Employment Information

Here you will find your employer's name, type of your employment (e.g. salaried) and monthly income.

Apart from these, your credit report may contain the following as well:

Account Information

1. Open/closed accounts
2. Dates when these accounts were opened/closed
3. Payment history
4. Credit utilization
5. Loan status (Paid/pending)

Credit Enquiries

If you've made any credit card or loan applications, the lender will pull your credit history from the bureaus. This will account for a hard inquiry. Such multiple inquiries shall impact your credit score negatively. However, if you check your credit score regularly without the intention of applying for credit, it is considered a soft enquiry and this enquiry does not feature in your credit report.

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