CIBIL score is a 3-digit numeric summary of an individual’s credit history, maintained by TransUnion CIBIL, which is one of the leading credit bureaus in India. The score ranges from 300 to 900, and a higher score indicates a better credit history and creditworthiness.

CIBIL score is calculated based on an individual’s credit report, which contains information about their credit accounts, such as loans, credit cards, and other types of credit facilities, and their repayment history. The credit report also includes information about credit inquiries made by lenders when the individual applied for credit.

A high CIBIL score indicates that an individual has a good credit history, which increases their chances of getting approved for credit and getting favorable interest rates on loans and credit cards. On the other hand, a low CIBIL score may make it difficult for an individual to get approved for credit or may result in higher interest rates or less favorable credit terms.

If you want to transform your bad credit score into good credit score, there are a number of simple things you can do. You can repair cibil score by taking some simple steps.

First, make sure you pay your bills, annual fees on time and avoid missed payments.

Down your credit card balances to keep your credit utilization ratio low.

Don’t close old credit card accounts or apply for too many new ones.

If you want to increase your CIBIL score from 600 to 750+, establish a strong credit history, handle loan payments carefully, avoid closing old credit accounts, pay EMIs on time, and monitor your credit report. A CIBIL score of 750 or better will make it simple for you to get a loan.