Make the right credit decisions with score simulator
Find out how your credit actions can impact your CIBIL Score
How does the Score Simulator work?
Ever wondered how your credit behavior may affect your CIBIL Score and eventually impact your access to credit? The Score Simulator is a tool that allows you to choose from various credit-related scenarios.
While your current CIBIL Score remains untouched, Score Simulator can help you take informed decisions and exercise discretion when making credit choices in the future.
Disclaimer: The Score Simulator is designed to help you understand how different credit scenarios may affect your CIBIL Score. However, Score Simulator cannot be used as a prediction tool to guarantee any outcome.
Frequently Asked Questions
The Score Simulator is a tool that allows you to simulate different credit behaviours on your existing CIBIL Report, and generates simulated CIBIL Score. This feature is designed to help you understand how various credit behaviours can affect your existing CIBIL Score thus empowering you to take informed decisions.
The Score Simulator allows you to choose from various simulations – such as
- Opening / closing new loan accounts or credit cards
- Paying off outstanding amounts on Credit Cards
- Adding Late Payments to your active loan accounts
- Add a new enquiry
- Clear the outstanding balances on your active account(s)
On choosing a particular simulation, you will be asked for some additional details needed for the simulation for e.g. if you choose to add a new credit card, you will be asked for a ‘Credit Limit’. On entering the additional details you will be able to check your simulated CIBIL Score.
You need to have an active paid subscription (1-Month, 6-Months or 1-Year Unlimited Access) in order to access the Score Simulator. Once you have an active paid subscription, you will be able to access the Score Simulator tool under the Score Simulator tab in your CIBIL account. To register for a paid subscription click here. If you already have a paid subscription, click here to log in and check now.
Score Simulator does not impact your existing CIBIL Score. Also using Score Simulator will not change / update any data on your CIBIL Report. Score Simulator only indicates how various credit behaviours impact your CIBIL Score.
CIBIL Score plays a critical part in the loan application process. Understanding how various credit behaviours are likely to impact your CIBIL Score can help you to take informed credit decisions to achieve your financial goals.