Is 800 a good CIBIL score?

Good Score and Bad Score Scores above 800 are considered high and you can easily ask for a lower rate on personal loans and credit cards. A good score for secured loans. However, for unsecured credit, the bank might investigate further (like social score) or impose slightly higher rates.

Is 750 CIBIL score good?

CIBIL scores can range anywhere between 300 and 900, with 900 denoting maximum creditworthiness. A CIBIL score of 750 or above in your credit report is ideal. Thus, keeping your CIBIL score above 750 is essential.

What rating is a 742 credit score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 742 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders’ better interest rates and product offers.

Is a 743 credit score good?

A 743 credit score is Very Good, but it can be even better. If you can elevate your score into the Exceptional range (800-850), you could become eligible for the very best lending terms, including the lowest interest rates and fees, and the most enticing credit-card rewards programs.

Is 790 a good cibil score?

Your FICO® Score falls within a range, from 740 to 799, that may be considered Very Good. A 790 FICO® Score is above the average credit score. Borrowers with scores in the Very Good range typically qualify for lenders’ better interest rates and product offers.

Is a 732 credit score good?

A 732 FICO® Score is Good, but by raising your score into the Very Good range, you could qualify for lower interest rates and better borrowing terms. A great way to get started is to get your free credit report from Experian and check your credit score to find out the specific factors that impact your score the most.

Is a 642 credit score good?

Your score falls within the range of scores, from 580 to 669, considered Fair. A 642 FICO® Score is below the average credit score. Some lenders see consumers with scores in the Fair range as having unfavorable credit, and may decline their credit applications.

How to get an accurate CIBIL score?

Enter your personal details Ensure it matches your ID proofs

What is the highest possible CIBIL score?

The CIBIL score ranges between 300-900 (300 being the lowest, 900 being the highest). A score between 300-700 indicates a lower chance of credit approval. Anything higher than 700 stands a better chance.

What is the best CIBIL score for a personal loan?

Highlights

Does CIBIL score really matter for your home loan?

As you must be knowing already, the CIBIL score will always impact your home loan. The CIBIL score for home loan should be good otherwise you will have problems when you apply for home loan.