Increasing Credit Score in CIBIL Defaulters List after OTS

1. Increasing Credit Score in CIBIL Defaulters List after OTS Regarding your actual score known as credit score that puts you in a CIBIL defaulters list, you can actually try to raise the score in purpose of getting a greater and higher chance to be given a loan. There is an occasion that your score could drop down real hard which is the time when you decided to take a so- called credit card settlement known as an OTS. Your score could be dropping up to 100 points which is not good at all. One question remains when you have just realized that your score in the CIBIL defaulters list is getting worse which is how to increase the score. As a matter of fact there are many ways that you can consider to be the ways in increasing your score but not all of them are going to be effective to be done after you are taking a one time settlement for your credit card or loan. So, how to increase your credit score after taking an OTS? Get to Know How to Improve CIBIL Score after Credit Card Settlement There are still some ways that you can do to increase your score and also improve your position in the CIBIL defaulters list even after you are taking an OTS for your loan or credit card. One of the ways that you can do is to actually spread the usage across different limits of your cards. This can be done if you have several cards at the same time. You should never use only one many times while just leaving the rest. Another thing that you can also do in purpose of raising credit score is to create a credit history for real under your name in a good way by anything you can do. Positive history in credit will greatly increase your score so that even after having an OTS you will still be able to make sure that later on you could get a loan regardless of the CIBIL defaulters list at that time. Checking out the score that you have in the respective CIBIL defaulters list where you are included is a must. You have to do this regularly so that you can do anything else needed to deal with the score that you have. You can then ask around for some ideas to increase your score to those experienced people in this matter. Yet you may have to pay some amount of money to check your score but that is really a worthy thing to do. Those are only some of the things you can do in dealing with this matter of score after an OTS. Surely now you know that despite of being offered by the bank, an OTS is not a great solution since you will have to find the best ways you can do in purpose of increasing the score of your credit that has been dropped by the OTS. Just keep in mind that you can still actually get the better of your score in the CIBIL defaulters list for the future.