657 CIBIL Score

A 657 CIBIL score is considered average, indicating a moderate credit risk. It is slightly below the "good" range, meaning lenders may view you as somewhat risky. While you may qualify for loans or credit cards, the terms might not be ideal. To access better financial products and lower interest rates, aim to increase your score above 700. Improving your score through consistent financial discipline will enhance your creditworthiness, enabling you to secure better deals and greater financial opportunities in the future. A 657 score highlights the importance of maintaining good credit habits for long-term financial stability.
 

✅ You can check your eligibility using just your mobile number and OTP through a 100% online process.

Improving a 657 CIBIL score requires attention to financial behaviour. Pay all your bills, EMIs, and credit card dues on time, as punctual repayments directly impact your score positively. Keep your credit utilisation low, ideally under 30% of your credit limit. Avoid frequent loan or credit card applications to minimise hard inquiries. Check your CIBIL report regularly for errors and get them corrected promptly. Building a balanced credit profile by maintaining both secured and unsecured credit helps improve your score. With patience and consistent financial discipline, you can elevate your score above 700, unlocking better credit opportunities and terms.

A 657 CIBIL score can result in higher interest rates on loans and credit cards, as lenders view it as a moderate-risk score. Borrowers with such scores may face stricter lending terms, including smaller loan amounts and higher repayment costs. While you can still access credit, the financial burden is higher compared to borrowers with scores above 750. Improving your score by paying dues on time, reducing credit utilisation, and avoiding unnecessary credit inquiries can help you secure better interest rates. A higher CIBIL score demonstrates financial responsibility, allowing you to enjoy reduced borrowing costs and more favourable terms.
 

A 657 CIBIL score is considered average, indicating moderate credit risk. While you can still access loans and credit cards, interest rates may be higher and borrowing terms less favourable. By practising timely repayments, reducing credit utilisation, avoiding frequent credit applications, and regularly checking your credit report for errors, you can gradually improve your score. Elevating your CIBIL score above 700 enhances your creditworthiness, helping you secure better interest rates, larger loan amounts, and more favourable financial opportunities in the future.

Check your eligibility for personal loan using just mobile number and OTP – 100% online process.