Individuals seek loan from banks and other financial institutions for various purposes. Few loan requests are accepted immediately, while others are rejected. One of the major reasons for rejection of loan is the poor CIBIL score. Many individuals might have heard about the CIBIL score, but very few know its use and importance. Wishfin is offering free cibil score on whatsapp. What is CIBIL Score? How to get free CIBIL Score on Whatsapp by giving a missed call to Wishfin number? How to get free CIBIL Score through Whatsapp from Wishfin website? What are the drawbacks of checking CIBIL through this method?
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What is CIBIL Score?
The Credit Information Report (CIR) summarizes the payment history of one’s loans and credit cards borrowed from all banks and financial institutions. Based on the credit history, a credit score is generated. This credit score is your CIBIL score. It is a three-digit number that ranges between 300 to 900. The higher the number, the better it is. The CIBIL score is looked upon by lenders to determine your creditworthiness. While a good CIBIL score can brighten your chances to access easy loan, a bad score can hamper your chances badly in getting a good job.
About Wishfin Free Cibil Score
Wishfin is the first official partner of Trans Union CIBIL, the company that provides you your CIBIL score. It is not the thing that only banks and financial institutions can check your CIBIL score. An individual too can check his score. Through Wishfin, one can avail this facility and that’s too completely free of cost.
How to get free CIBIL Score on Whatsapp by giving a missed call to Wishfin number?
Wishfin provides with the facility to check your CIBIL score even on Whatsapp. Just follow the simple steps given below:
1) Give a missed call on the number +91 82871 51151
2) Add this number to your Whatsapp chats.
3) Mention your name along with date of birth and gender.
4) Enter your PAN Number.
5) Provide your complete residence address.
6) Enter your Email ID.
7) After completing the above process, you will get your CIBIL score instantly in your whatsapp chat box.
How to get free CIBIL Score through Whatsapp from Wishfin website?
Here is the process to get free Cibil score by visiting Wishfin Website.
1) Visit the website www.wishfin.com and go to a CIBIL score page here
2) Enter your name that is mentioned in the PAN Card.
3) Enter your correct date of birth.
4) Select gender.
5) Provide PAN Card number.
6) Fill other details like residence address, email address, and mobile number.
7) Check the box that says “I agree to the terms and conditions”.
8) Click on continue with Whatsapp button.
9) A message will appear on the screen reading “Whatsapp has been sent to you. Please continue using it.”
10) Immediately, on your Whatsapp screen you will receive a message asking about your personal details as in the above method.
11) Once the information is furnished, you will receive your CIBIL Credit Score.
12) One important thing to note, on requesting credit score, if one receives ‘NA’ or ‘NH’ instead of his credit score, it should be taken as-
13) You do not have a credit history i.e. you have not availed any loan or credit facility till date.
14) You have a credit history, but no transaction or credit activity in the last two years.
15) You possess add-on credit cards and no direct credit exposure.
Is CIBIL Score through Whatsapp completely free?
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What are the drawbacks of checking CIBIL through this method?
1) The method used by Wishfin is a lengthy one. The user has to share a lot of information, including the PAN Number to get his credit score. They could have opted for simpler methods like providing information directly based on mobile numbers.
2) Security reason is another great concern for it. Sharing your PAN Number and other personal details on mobile is not at all safe. The credit report contains a lot of secret information about you like your personal loan details, repayment history, outstanding loan amount etc.
3) As CIBIL has partnered with Wishfin to know your credit score, this company might contact you to buy its financial products, send you mails and messages for promotions etc.
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Wishfin Offer free CIBIL Score on Whatsapp – How does this work
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