By: Tradeudhaar.com
Timely payment of credit card bills and loan EMIs is crucial for a good CIBIL score.
Use only a portion of the available credit limit to maintain a healthy credit utilisation ratio.
Monitor your credit report for errors and rectify them promptly to avoid negative impacts on your score.
Limit loan applications to avoid multiple hard inquiries, which can lower your score.
Having a mix of credit types like credit cards, loans, and mortgages can positively impact your score.
Maintain order credit accounts in good standing as they reflect your credit history's length.
While having credit cards is beneficial, excessive use can indicate financial instability, affecting your score.