Can you improve your CIBIL score in a month? MintGenie answers

livemint.com:

Improving your CIBIL score, or any credit score for that matter, typically takes time and consistent financial behaviour. While it's challenging to make significant improvements in just one month, there are still some actions you can take that may positively impact your CIBIL score over time. Here are some steps you can consider:

Only borrow what you need and can afford to repay. Avoid maxing out your credit cards or taking on excessive debt. Responsible credit usage demonstrates financial discipline and can lead to a higher credit score over time.

Pay your credit bills: If you have pending credit card bills, you should pay them quickly. Ensure that you make all of your bill payments on time, including credit card bills, loan EMIs, utility bills, etc. Even one late payment can have a negative impact on your score.

Reduce credit utilisation: Aim to keep your credit card balances low relative to your credit limits. High credit utilisation—using a large percentage of your available credit—can negatively affect your score. Try to keep your credit utilisation below 30% to demonstrate responsible credit management.

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Avoid taking new loan: If you are looking to improve your credit score, you should refrain from opening new credit account. Because every time you apply for new credit, whether it’s a credit card, loan, or line of credit, the lender may perform a hard inquiry on your credit report. 

Pay off debts: If you have any outstanding debts, pay them as soon as possible. Lowering your overall debt burden can improve your credit utilisation ratio and demonstrate responsible debt management.

Diversify your credit mix: Having a healthy mix of credit accounts, such