Why Pay for Your Credit Score? How to Check It for Free

This article provides a step-by-step guide on how to check your credit score for free using various service providers such as CIBIL, Experian, Equifax, and CRIF High Mark. In addition to exploring the differences between paid and free credit score services in India, it highlights the pros and cons of each. It offers valuable tips to maintain and improve your credit score. It also emphasises timely bill payments, low credit utilisation, periodic credit report reviews, and avoiding excessive loan applications.

Navigating the world of credit scores can be overwhelming, especially when trying to make sense of your financial situation. You might have heard that checking your credit score is essential. But does it need to cost you money?

This article explores the differences between paid and free credit score services and guides readers through checking their credit scores for free in India.

Paid Credit Score Services: A Pricey Path to Clarity

Paid credit score services offer a comprehensive view of your credit history. They come with a price tag, though.

Let’s weigh the pros and cons of these services:


  • Detailed credit reports provide insights into your credit behaviour.
  • Personalised recommendations for improving your credit score.
  • Access to customer support for assistance with queries.


  • Subscription fees can be expensive
  • May not provide additional benefits compared to free services.

If you opt for a paid service like the CIBIL subscription plan, you might spend Rs 1,200 per year to access your credit score and you can also download Credit report.

Free Credit Score Services: A Wallet-Friendly Way to Stay Informed

Free credit score services offer a cost-effective alternative to paid services. But are they too good to be true?

Let’s examine their advantages and disadvantages:


  • No cost involved in accessing your credit score.
  • Availability of basic credit report information.
  • Opportunity to monitor your credit score regularly without any financial burden.


  • Limited access to personalised recommendations and support.
  • Potential for less detailed credit reports.

With a free credit score check, you can access your basic credit report and score from CIBIL without spending a single rupee.

How to Check Your Credit Score for Free: A Step-by-Step Guide

Now that you know the difference between paid and free services, let’s explore how to know my CIBIL score free:


  • Visit the CIBIL website
  • Click on ‘Get Yours Now’
  • Fill in your details, create an account, and verify your identity
  • Access your free credit score and report


  • Visit the Experian website
  • Click on ‘Get Your Free Credit Score’
  • Enter your personal information, create an account, and complete the verification process
  • View your free credit score and report

Remember to use these services for a free credit score check twice a year.

Tips for Maintaining and Improving Your Credit Score: The Road to Financial Success

A healthy credit score is crucial for securing loans and making a better finance plan.

Here are some tips to keep your credit score in tip-top shape:

  • Timely Payment of Bills and Loans:Paying your bills on time ensures a positive credit history, directly impacting your credit score.
  • Maintaining a Low Credit Utilisation Ratio:Using a small percentage of your available credit limit can boost your credit score.
  • Reviewing Your Credit Report Periodically:Regularly reviewing your credit report helps you identify and rectify any errors or discrepancies.
  • Avoiding Excessive Loan Applications:Multiple loan inquiries in a short period can lower your credit score.


Understanding and monitoring your credit score is crucial for making informed financial decisions and securing loans at favourable interest rates.

While paid credit score services offer detailed insights and support, free services provide a cost-effective alternative to keep track of your credit score without breaking the bank.

By following our step-by-step guide to checking your credit score for free and implementing the tips provided, you can take control of your financial future and make smarter choices in managing your credit.

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