Exactly How Frequently Should I Check My CIBIL Score? What's The Myth? What’s The Truth?

A credit score is the numeric representation of an individual’s credibility as a borrower. Although there are various other credit scores like FICO score, Equifax score, etc., most lending institutions take a ‘good’ or ‘high’ CIBIL score as one of the eligibility parameters, especially for unsecured loans. They check the CIBIL score while approving secured loans to get an assurance that their customers will not default.