Fraud Alert!!- Check your Credit Score Now to be Safe

Everything from reserving a cab to making a large payment may now be done in a matter of seconds. Although there are many advantages to using online services and apps, there is also a major disadvantage: fraudsters can occasionally steal your identity and use it to conduct fraudulent activities.

Oftentimes, a person who has their identity stolen online is unaware of it and only learns of it when they are harassed by creditors or when they check their credit online.

Checking your credit score and reports on a regular basis is incredibly significant because these reports not only give an overview of current loans and payments, but also of those made in the past.

What is a credit score, exactly? An individual's creditworthiness can be quantified by a three-digit number between 300 and 900, which is derived from their credit history. A person's capacity to pay back a loan or credit card bill in the future is what is meant by the term "creditworthiness".

A credit score of 750 and above is considered great because it demonstrates that you have consistently payed your loans and cleared outstanding credit card debts. Factors that affect your credit score include how much money you owe and how much of it you use.

It is possible to check one's credit score on the official CIBIL (Credit Information Bureau (India) Limited) website. This service is also offered by Tata Capital and HDFC Bank at no charge.

Your Credit Score can be checked in a few simple steps-

As a new customer, here's how you may check your credit score

• Start by logging into one of the aforementioned portals and providing information such as your first and last name, date of birth, gender, email address, PAN number, mobile number, and postal address (with zip code and state) as well as your PIN code.

• Ensure that all of your information is correct to your knowledge before moving on to the next step.

• Submit the form.

• Check your credit score on the internet.

As an existing client, you can use the following procedure to see your credit score:

• A registered mobile phone number can be used to check one's credit score on any of the websites referred to above.

• Check your credit score online by entering the OTP in the space provided.

• Verify that all your information is correct.

• Submit the form.

• Get your credit score online.