If you find any inaccuracies in your account details, you can raise a dispute by writing to TransUnion CIBIL Limited at info@cibil.com.
Frequently asked questions
Yes. Multiple ‘hard’ enquiries will negatively affect your CIBIL score. There are 2 types of enquiries - hard or soft enquiry. A soft enquiry isn’t registered on your credit report. Soft inquiries are typically run by lenders on existing customers to see if they qualify for pre-approved offers or by a borrower who wants to check his own score. A hard enquiry, on the other hand, gets registered on your credit report. Lenders go-in for a ‘hard enquiry’ when they want to evaluate your loan application.
Length or age of credit history is the number of months that have passed since you opened your first credit account. Credit bureaus like TransUnion CIBIL consider the average number of months for which you have been holding a credit account- it factors in the age of both the oldest and newest account and its average. Having a decent credit age is better for your credit score as it shows that you have a lot of experience in handling credit.
Repayment history is one of the most important factors that influence your credit score. Timely repayment improves your score. You can check your CIBIL Score for free by clicking on the option below. The Bajaj Finserv Credit Pass allows you to check your score whenever you want without any impact on your score.
Changes in your name, address, marital status, education level, or religion, among other things, have no impact on your credit score.
Your bank balance doesn’t show up in your credit health report. Similarly, your bank balance has no bearing on your credit score. With the Bajaj Finserv Credit Pass you can check your credit score anytime without any impact on it. You can also view your detailed credit report and get an in-depth account summary of all your loan and credit card accounts.
