Check Free Credit Score in India | Creditkaro

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Welcome to Credit karo

• We will let you know about CREDIT SCORE

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What is a credit score?
Credit score can be defined as a statistical
figure that describes a persons credit profile
in the current economic framework and this score
is evaluated on the basis of previous loan
payment term and credit history of that person.
In recent times its very convenient to check
credit score online. Credit score is categorized
as Bad, Poor, Average, Good and Excellent.
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Range of credit score
A person's credit score ranges from 300 to 850,
and the higher the score, the more financially
trustworthy a person is considered to be. These
days we have the benefit to check credit score
for free.
Credit scores are used by lenders, including
banks providing mortgage loans, credit card
companies, and even car dealerships financing
auto purchases.
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Which Score qualifies for a loan ?
300-599 You will not qualify for a loan. Such a
low score is a warning signal to lenders that
you do not have a history of good credit
behavior. Lot of banking website offer free
credit score check which will help you monitor
your credit health.
600-749 Although this not an excellent score,
you might have a chance of being approved by some
lenders. If they think you have the ability to
fulfill your repayment burden despite your
average score, your application has a chance of
being approved.
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Benefits of maintaining a good credit score

• Any score close to 750 and above clearly
  indicates that you have
• a very good chance of obtaining a loan with such
  a score.
• There are several other advantages to a high
  score
• The approval process will be comparatively
  faster.
• The loan amount that can be availed would be much
  higher.
• There could be an option where you might be able
  to negotiate
• a lower interest rate.
• All of these benefits make the whole loan
  approval process much easier. 

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How to a maintain a good credit score?
All of your debts should be given equal
importance when it comes to repayment against the
due balance.
Ensure timely credit score check through the
available online platforms.
Do not exhaust your complete limit on a card,
always try to only avail 50 or lesser out of
your total offered limit.
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Contact us
Website www.creditkaro.com Email Id -
support_at_creditkaro.com Phone no. -
91-8448445549