Monitor your credit report regularly as improving score takes time

Viewing it often will also help you detect identity theft early

Awareness about the need to monitor their credit report and score is growing among Indian consumers. A report from TransUnion CIBIL says 23.8 million consumers registered with it for monitoring their credit profile for the first time between October 2021 and September 2022. This was 83 per cent higher than the number that had registered between October 2020 and September 2021.

Monitor regularly

Look up your credit report at least once every quarter. “Monitor your credit profile on a regular basis, and not just when you’re taking a loan, to ensure you are always credit-ready,” says Sujata Ahlawat, senior vice