What should a person do to increase and improve their CIBIL score?

• Find out your CIBIL score - CIBIL score ranges from 300-900, any score below 700 is considered a bad score.
• Eliminate you balances - Any unpaid due or heavy balances on your credit card pulls your score down. Paying off the debts will help you get your CIBIL score balanced. There can be times when a person might not even be aware that the undue amount is affecting their CIBIL score adversely. To solve this, never miss the deadline of any credit card due and always make sure to pay more than the minimum amount due.
• Rectify inaccuracies - Report any error or misinformed entry immediately on CIBIL website if you find any erroneous entry by your financial vendor. It is compulsory for any financial institution to act upon it within 30 days
• Keeping multiple credit cards - Keeping multiple credit cards and not being able to keep track of the expenses and the underpaid due is suicidal for your credit score, as they can drag your score to a staggering low.
• Pay EMIs on time - Always remember to keep on paying your EMIs on time. Not paying EMIs on time adversely impacts your CIBIL score and this is one of the most important aspects in CIBIL score building.
• Using Phocket.in - One of the most effective yet not very known way to improve your CIBIL score is using Phocket.in. A new generation fintech lending platform, which understands the current millennials and their lifestyle adversities. They have developed an AI-based short-term lending platform which is fully automated and paperless. The loan amount ranges from INR 5,000 to INR 2,00,000 with flexible repayment EMI options. Unlike banks, Phocket.in allows people even with a low CIBIL score to register on their platform as long as they are able to justify their credit history. This helps people to get the much-needed help source of getting money to rebuild their creditworthiness.

SSo now, to repay your credit card bills and EMIs, you can take the loan from Phocket.in and start rebuilding your creditworthiness.