Credit report: Check quarterly to spot repayment lapses, errors, and fraud

In case of inaccuracies and fraud, report both to the lender and credit bureaus

A recent survey by Paisabazaar across 710 cities found Delhi to be the most credit-healthy city, with the highest average credit score of 746, followed by Pune, cities of Kerala, and Chandigarh. If you have not checked your credit score recently, do so. If the score is low, examine your credit report in detail.

 

A score of 750–800 or higher indicates a strong repayment record. “If your score has fallen below 700, go through your credit report carefully to identify the reasons,” says Deepak Kumar Jain, founder and chief executive officer (CEO), CredManager.in.

 

What a Credit Report Reveals 

Reviewing your