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252 Credit Score

Is it good or bad?

Your score falls within the range of scores, from 0 to 600, that is considered very poor. A 252 CIBIL Score is a significantly below the average credit score.

A 252 CIBIL Score is a significantly below the average credit score.

Many lenders choose not to do business with borrowers whose scores fall in the very poor range, on grounds they have unfavorable credit. Credit card applicants with scores in this range may be required to pay extra fees or to put down deposits on their cards. Utility companies may also require them to place security deposits on equipment or service contracts.


The bad news about your CIBIL Credit Score of 252 is that it's well below the average credit score. The good news is that there's plenty of opportunity to increase your score. A smart way to begin building up a credit score is to obtain your CIBIL Score report. Along with the score itself, you'll get details that spell out the main events in your credit history that are lowering your score. Because that information is drawn directly from your credit history, it can pinpoint issues you can tackle to help raise your credit score.


Consider a credit-builder gold loan
Consider a credit-builder gold loan
Gold loans can help build borrowers' credit profiles, by demonstrating the ability to make regular monthly payments. When you take a doorstep gold loan with indiagold, you get a loan where you only need to pay the interest amount without worrying about the principal repayment. Gold loans at indiagold also have a very low interest rate, starting at just 0.77% per month. Once you've paid off enough installments, you get your gold back. Moreover, pickup and release of gold from your home are free. It's a neat way to not only utilize the gold that may be lying as a dead asset at your home, but also bump up your repayment history in front of the national credit bureaus, which can lead to credit-score improvements.
Pay your bills on time
Pay your bills on time
Paying your bills on time is the most important thing you can do to improve your credit score. It shows lenders that you are responsible with your money and that you can be trusted to pay back what you borrow.
Avoid high credit utilization rates
Avoid high credit utilization rates
Credit utilization, or debt usage, is the basis for about 30% of your Credit Score. Keep your utilization rate below about 30% can help you avoid lowering your score.