HOW TO CALCULATE CREDIT SCORE CIBIL
1.CIBIL id log in
First you have to log in in CIBIL and have to create a ID and have to fill general information . KYC (Know your customer) or AML forms past credit history .Amount of previous loan if any. for CIBIL wbsite (click here) .
2. Repayment of loan history (35%)
The clearance of bill and loan have 35% value in your credit score.
3. What you give to your lenders (30%)
It is consist of your credit factors regarding the payment of old debts .
4. Period have you been using credit (15%)
It is a very surprising factor but it also play a very important role in your CIBIL score .the longer your credit history the better credit score.
5. Quantity of new credit you have applied for (10%)
Every time you apply for any new credit, the lender in question runs an inquiry on your CIBIL report.
6. The mix of credit (10%)
It consists of various types of credit such as education loan ,personal loan ,credit card ,etc.
