On the basis of your borrowing history and repayment track record, you will be assigned a credit score between 300 to 900. Your credit score is very important to avail any kind of loans and it evaluates your creditworthiness. A credit score is provided by credit bureaus like CIBIL, Equifax, and Experian.
Most common is the credit score provided by CIBIL. A credit score is one of the important factors which banks consider while sanctioning any kind of loans. If your credit score is low, your loan application will be rejected by the bank. Every time you avail a loan, banks send your information to Credit Information Bureaus
Before applying for any kind of loans like home loans, cars loans, personal loans or two-wheeler loans, it is very important to check your credit score. Not doing so can lead to your loan getting rejected. Having a good credit score has many benefits. It helps you get a loan quickly and some banks even offer loans at a low-interest rate if you have a good credit score.
Many people are not aware on how to check credit scores and citizens get to know about credit scores, only when they apply for loans. Some citizens even pay money to get their credit score. Now, you can get your credit score free on Whatsapp. A Fintech startup called Wishfin has joined with Whatsapp to offer a new service called "Whatsapp for Credit Score".
See Also: How To Find If You Have Been Blocked On WhatsApp?
How to Check CIBIL Score on WhatsApp?
1. To check your credit score on Whatsapp, you have to leave a missed call on 8287 151 151.
2. As soon as you give a missed call, your number will be added on the WhatsApp Chat and you will receive a WhatsApp message from a verified business account “Wishfin CIBIL Score”.
3. You should follow the instructions and provide your name, date of birth, gender, residential address, permanent account number or PAN /email.
4. Once you provide this information, you will get your latest CIBIL Score right in your WhatsApp chat box.
See Also: List Of Recent Whatsapp Bugs And Scams
Wishfin may ask a few questions to double check your identity. For the verification purpose, the one-time password (OTP) will be sent to your mobile number and email ID.
To ensure your security and privacy, you will be automatically removed from the Wishfin CIBIL Score Group on WhatsApp, once the process has been completed.
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