Today, having a decent credit score is essential. Based on the credit score, any bank loan is either granted or denied. Therefore, it is wise to regularly perform online CIBIL Score checks in order to preserve confidence in one’s financial history.
Even while many credit reporting organizations offer free online CIBIL score checks, getting a CIBIL score over WhatsApp seems to be the most convenient method.
With the use of this service, individuals can now easily check their Experian credit reports and keep track of their credit portfolio because Experian India, the first credit bureau in the nation to receive a license under the Credit Information Companies (Regulation) Act of 2005, has done so.
Through this programme, anyone can easily, securely, and whenever they want to view their Experian credit report from any place. Learn how to check your credit score on WhatsApp for free by reading this post.
A credit score: what is it?
A three-digit numerical total of your entire credit history is your credit score. To assess your capacity to repay loans, lenders look at your credit score.
The Credit Information Report, or CIR, contains it after compiling lender data. When determining whether to give you money, how much, and at what interest rate, financial organizations consider your credit history and score.
Companies that collect data and create credit ratings include credit rating companies like Credit Information Bureau (India) Ltd.
What advantages do you get from looking up your credit score?
Recognize how your actions affect your credit score:
You can keep track of your financial activities by monitoring your credit score frequently. You’ll be able to determine how your behaviours are affecting your credit score in this way.
When you are aware of the factors that can lower your credit score, you can take steps to prevent them and secure better terms on personal loans, mortgages, and other loans as needed.
Achieve Accurate Information:
An error or inaccuracy in your credit report may occasionally be the cause of a poor credit score. If that’s the case, you should report it right away to the relevant credit agency and your bank so that it may be fixed.
Discover Best Loan or Credit Card Offers:
The market may provide you better credit card or loan offers if you are aware of your most recent credit score. You become more creditworthy and can get more credit on better conditions if you have a good credit score. To put it briefly, it gives you negotiating leverage when asking for a loan.
How can I check my credit score on WhatsApp for free?
- Message “Hey” to +91-9920035444 (Experian India’s WhatsApp number), visit https://wa.me/message/LBKHANJQNOUKF1, or scan the barcode.
- Describe yourself briefly by providing your name, phone number, and email address.
- Get your Experian credit score instantly via WhatsApp. You can ask for and receive a password-protected copy of your Experian credit report at your registered email address.