Everything you need to know about Credit score and Credit report
A credit score is a three-digit number that is to be obtained by the information available on your credit report. It is done through an algorithm to know about your creditworthiness. Lenders check your credit score to decide how good you in making loan repayment. There are many credit scorings models available among the most popular ones is the FICO® Score*. Higher will be your credit score better would be the chance of having a personal loan and a credit card approval. Even credit score is playing a significant role in credit management, still, people are not taking much care of their credit scores. Process of a free credit score check is as follows: Visit a website: Look out for the website which is offering a free credit score check. As online many websites offer free CIBIL scores intending to make you understand how well you are doing credit-wise. You get a CIBIL score online via any of the credit bureaus also. Check with your lender or credit card issuer: Ther