Exploring ways to build a good CIBIL score
As we conclude, it's crucial to highlight the significance of building a good CIBIL Score. Responsible credit management, timely payments, and prudent credit utilization are important aspects of a positive credit profile.
The journey towards financial well-being and creditworthiness is long, and the National Consumer Credit Awareness and Financial Inclusion Program webinar offered ways that can help you build a good credit score. “Improving your CIBIL score requires effort but it’s definitely achievable… You have to make sure that you are paying your loan EMIs & credit card dues on time, every time! Late or missed payments even once can have a negative impact on your score," shared Padkil.
Another point emphasized at the webinar was regularly checking one’s CIBIL score and report to stay informed about credit health and taking necessary steps to improve it if needed. Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio. Milestone Alert!
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