Access to money plays an important role in managing our personal finances. As we rely on banks and non-banking financial institutions for loans and cards, the importance of your credit health cannot be stated enough.
Lenders check your credit health before approving your loan or credit card application. If you have poor credit health, you may be offered less than favourable terms on your application. In fact, you may even face rejection. Thus, it is crucial that you take care of your credit health.
To help you do exactly this, Bajaj Finserv has introduced Credit Pass, a first-of-its-kind subscription service powered by India’s largest credit bureau – CIBIL. The Credit Pass provides real-time access to your credit health dashboard and many other benefits.
Let us take a look at what you can expect with the Bajaj Finserv Credit Pass.
Credit score checks
The Bajaj Finserv Credit Pass helps you keep track of your credit score and take corrective measures if needed. It gives you monthly updates on changes in your credit score.
Personalised dashboard
It also comes with a personalised dashboard that provides you with an overview of all your credit cards, loans, repayment history and more. It is a one-stop-shop for all your credit information, making it easier for you to track your credit health.
Interactive tools
The Credit Pass gives you access to interactive tools such as the Credit Score Simulator and EMI Calculator. The Credit Score Simulator helps you understand the potential impact on your credit score when you take a loan or a credit card. On the other hand, the EMI Calculator allows you to plan your monthly loan EMIs before you apply for a loan.
Real-time Credit Health Report
The Credit Pass gives you easy access to your Credit Health Report. The report provides you with an overview of all your accounts and the factors that are impacting your score, such as credit enquiries, repayment history, and more. It is important to have this data on hand to determine if you can easily obtain a loan or a credit card.
As you can see, India’s first Credit Pass, powered by CIBIL, is a must-have subscription for everyone who wants to maintain good credit health. Sign up for the Credit Pass and manage your credit health like a pro!
