Your CIBIL Score and Report give you a 360-degree view of your credit profile to help you stay loan-ready. And, while you may have accessed your CIBIL dashboard via mobile phone or computer, our mobile app allows you to stay connected to your credit profile while on the go.
TransUnion CIBIL Limited is a credit information company based in India. It maintains credit files for 600 million individuals and 32 million businesses. TransUnion is one of four credit bureaus operating in India and is owned by TransUnion, an American multinational corporation.
MONITORING YOUR CREDIT PROFILE JUST GOT EASIER.
The CIBIL credit report app is your personal creditworthiness tracker, providing you with easy access to your credit profile and financial history at all times. This useful credit monitoring tool keeps you updated on your credit information, loans and accounts, credit exposure, and more.
The TransUnion CIBIL mobile app, now with a refreshed look and feel, allows you to:
- Receive one free CIBIL Score and Report each year.
- Our subscription services allow you to seamlessly access a variety of features included with your mobile app:
- Get daily updates and unlimited access to your CIBIL Score and Report. – Use the CIBIL Score Simulator to test different scenarios and see how they affect your current score.
- CIBIL Alerts are a credit utilization tracker that sends notifications for key changes in your profile.
- You can also track your score over time using score history.
- Improve your financial literacy by using the app’s credit education resources.
CIBIL App
Consumer Interactive is TransUnion CIBIL’s direct-to-consumer division, and it has one of India’s most comprehensive collections of consumer data. Our mission is to help Indian consumers access and understand the opportunities that lead to a higher quality of life by providing them with the tools they need to appreciate and manage their credit. This is accomplished through a combination of data and internet-based tools that provide consumers with the most readily available, accurate credit information while also promoting financial literacy, inclusion, and protection. We believe in the power of information to help people make better and more informed decisions, allowing them to achieve their personal financial goals while also contributing to the growth of a stronger economy.
What is a credit score, and how is it calculated?
A credit score is a statistical measure of an individual’s creditworthiness. It assists in determining your ability to repay the amount borrowed. A person’s credit score typically ranges from 300 to 900, and the highest score indicates a trustworthy applicant. Always try to get the highest possible range because it is very useful when applying for a loan or a credit card. However, if you have a low score or fall into the lower range, it indicates that you are an irresponsible loan applicant who has not made timely payments on your loans or dues.
Why is it important to keep a good credit score?
Here are some of the important reasons why you should maintain a good credit score:
improves your loan eligibility: Having a good credit score allows you to get a loan faster. A good credit score indicates that you pay your bills or outstanding balances on time, which makes a good impression on banks or other financial institutions where you have applied for a loan.
Applicants with a good credit score and a long credit history are offered pre-approved loans. Furthermore, the loan that you applied for is approved quickly, and the processing time is zero.
Lower interest rate: If you have a good credit score, you may be eligible for a lower interest rate on the loan amount you have applied for.
Higher credit card limits: A good credit score not only gets you the best credit cards with attractive benefits or a lower interest rate on the loan you’ve applied for, but it also qualifies you for a larger loan amount. A good credit score indicates that you are capable of handling credit in the best possible manner, so banks or financial institutions will consider issuing you a credit card with a higher limit.
CIBIL App Download
- CIBIL App Download : Click Here