Cibil score low - need personal loan

Take credit cards of diffrent banks especially of that bank from which you wish to take personal loan. use it regulary and make all payments on time.

Even getting a credit card is doubtful  with that score.  Once a defaulter, always a defaulter is embedded with Bank officers.  Personal loans are at the discretion of sanctioning authorities.  If you have securities, avail loan against such securities and improve your scoring.

Originally posted by : G.L.N. Prasad
	Even getting a credit card is doubtful  with that score.  Once a defaulter, always a defaulter is embedded with Bank officers.  Personal loans are at the discretion of sanctioning authorities.  If you have securities, avail loan against such securities and improve your scoring.

Firstly Low cibil score is not defaulter,

Secondly even there is a default after settelment of that default one can imporve the score.

Thirdly if one is paying the bills of credit cards on time this will increase the cibil score because credit card is another form of unsecured loan similar to personal loans

It is easy to get credit card as compared to personal loan.