POSTED BY December 27, 2014 11:20 am COMMENTS (2)
ONHi Sir,
i have a car loan for which i failed to pay off the emi for last 3 months but after 3rd month i have started clearing all past dues along with increase and now present emi are being cleared on time, and i have a credit card for which i have been paying only the minimum due amount and i have utilized the full limit,
now i would like to know my credit score and will it has been hampered because of my delay in payment , now i am planning to take a home loan, whether is it possible to get the home loan? and
how can i improve my credit score if it is damaged? please advice to correct my financials
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First check your credit report by going to http://www.cibil.com .
Your late payments and paying of minimum dues must have surely affected your score and report in bad way . Try not to do it .
1. Pay your dues in full and on time
2. Make sure you clear your dues asap.
Read
https://www.jagoinvestor.com/2012/05/myth-of-minimum-balance-in-credit-cards.html
https://www.jagoinvestor.com/2012/04/tips-to-improve-cibil-credit-score.html
Manish
What is your credit score now ?