682 CIBIL Score

682 CIBIL Score: Simple Tips to Improve and Secure Better Financial Options
CHECK SCORE
682 CIBIL Score
CHECK SCORE
3 mins read
24-Feb-2025

How to improve your 682 CIBIL Score?

Improving a 682 CIBIL score requires consistent credit management. Pay all EMIs, credit card bills, and other dues on time to build a strong repayment history. Keep your credit utilisation ratio below 30% to demonstrate responsible borrowing. Avoid frequent applications for loans or credit cards, as multiple hard inquiries can lower your score. Regularly review your CIBIL report to identify and correct errors or discrepancies. Maintaining a balanced credit mix of secured and unsecured loans can also strengthen your profile. With disciplined financial practices, you can gradually raise your score above 700, unlocking better financial products and terms.

How does a 682 CIBIL Score impact interest rates?

A 682 CIBIL score often leads to higher interest rates and stricter loan terms, as lenders may view it as a moderate-risk score. Borrowers with this score can still qualify for credit but at higher costs compared to those with scores above 750. To access lower interest rates and more favourable terms, focus on improving your score through timely payments, low credit utilisation, and avoiding multiple credit inquiries. A higher CIBIL score signals financial reliability, enabling lenders to offer better interest rates and premium credit options. Improved credit management ensures long-term financial savings and broader opportunities.

Frequently asked questions

Is 682 CIBIL score good?
A 682 CIBIL score is average but not considered good. It indicates moderate creditworthiness, which may limit access to favourable credit terms. To improve your financial opportunities, aim for a score above 700 by practising timely repayments and maintaining disciplined credit usage.

Is 682 credit score bad?
A 682 credit score is not bad but falls short of the "good" range. It suggests moderate credit risk, leading to higher interest rates or stricter conditions. Improving your score through timely payments, reducing credit utilisation, and monitoring your credit report can help you secure better terms.

Can I get a 682 credit card with?
Yes, you can get a credit card with a 682 score, but your options may be limited to basic cards with fewer benefits. Premium cards usually require higher scores. Improving your score above 750 through responsible credit habits can help you access better credit card options.

Show More Show Less

Related videos

Bajaj Finserv App for All Your Financial Needs and Goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

  • Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
  • Explore and apply for co-branded credit cards online.
  • Invest in fixed deposits and mutual funds on the app.
  • Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
  • Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
  • Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost EMIs.
  • Shop from over 100+ brand partners that offer a diverse range of products and services.
  • Use specialised tools like EMI calculators, SIP Calculators
  • Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

GET THE APP

Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.