A credit score plays a very important role when it comes to loan approval. It is a three digit numbers ranging from 300 to 900 that reflect how well or improperly a person has dispensed his/her loans or credit cards in the past. However, in India there are 4 companies which provide information about your credit score. All these companies are licensed by Reserve Bank of India.
Over the last couple of years these companies have tied up with many fintech companies in order to provide credit report and scores to the customers on request. But now in a recent development, these fintech has partnered with Transunion CIBIL to provide credit scores through WhatsApp and that too instantaneously.
Procedure to get credit score on WhatsApp
- If you want your credit score, all you have to do is to give a missed call on 8287151151 or enter your mobile number on Wishfin’s website. After this you will get, you will get a WhatsApp message from a verified business account “Wishfin CIBIL Score”.
- Follow the instructions given in the message and share your name, date of birth, gender, address, permanent account number or PAN and email. Send it
- Once sent, you will receive your credit score instantly. To get a detailed report, however, you need to log in to Wishfin’s website.
- As of now, an individual can get their report, and 12 monthly updates free of cost.
Apart from that CIBIL also provides one free credit report as per the guideline by RBI. One can access these reports through CIBIL website.