How to Improve Your CIBIL Score
10 proven ways to boost credit score from 500 to 750+ in 6-12 months
10 Ways to Improve Credit Score
Pay Bills on Time
Your payment history is the biggest factor
Impact: 35%Reduce Credit Utilization
Keep credit usage below 30% of limit
Impact: 30%Clear Old Debts
Prioritize paying off outstanding loans
Impact: 15%Avoid Multiple Inquiries
Each hard inquiry reduces score by 5-10 points
Impact: 10%Keep Old Accounts Active
Longer credit history improves score
Impact: 15%Use Credit Mix
Have both credit cards and loans
Impact: 10%Monitor Your Credit Report
Check for errors and dispute them
Impact: 5%Settle Defaults Quickly
Default payment has major negative impact
Impact: 20%Get Credit Limit Increase
Increases score if utilization stays low
Impact: 30%Become Authorized User
Benefit from good payment history
Impact: variableCredit Score Improvement Timeline
Month 1-3
Start paying bills on time
Expected Score: 550-600
Month 3-6
Reduce credit card usage
Expected Score: 600-650
Month 6-9
Clear old debts
Expected Score: 650-700
Month 9-12
Maintain good habits
Expected Score: 700-750+
Frequently Asked Questions
How long does it take to improve credit score?
Usually 6-12 months with consistent good payment habits. Negative items fade after 7 years.
What is a good CIBIL score?
700-749 is good, 750+ is excellent. Below 650 makes it hard to get loans.
Does checking credit score reduce it?
Soft inquiries don't affect score. Only hard inquiries (loan applications) reduce it.
How much does clearing debt improve score?
Paying off debt can improve score by 50-100+ points depending on your profile.