Credit Triangle

Secured loans Vs. Unsecured Loans: Which is Right for You?

Posted on 30 November, 2020 by Credit Triangle

When it comes to making a purchase of a new residential or commercial property or a brand new four-wheeler, most individuals opt for obtaining a personal loan. Other than traditional financial institutions, banks, and credit unions, one can get loans from trusted online lenders these days. The majority of borrowers face a dilemma when they need to make a choice between secured loans and unsecured loans.

If you also want to obtain a personal loan but do not have a clear idea of secured loan and unsecured loan, reading this article thoroughly can help you understand the key differences. Only with an in-depth understanding of two different types of personal loans beforehand, choosing the right loan type becomes easier for a borrower. Obtaining credit score improvement services can help you understand your credit report aside from improving your credit score.

You should always remember that some kind of collateral (an asset you possess) backs a secured loan, whereas, there isn’t anything that backs an unsecured loan. Know that if you opt for Cibil score improvement, the possibilities to acquire a secured personal loan increase to a significant extent. You won’t have to experience any difficulties in the near future if you make an informed financial decision when obtaining a personal loan.

Secured Personal Loan

A loan secured by collateral (an asset a borrower owns) is a secured personal loan. If you own collateral, you should pledge that to the personal loan provider. Doing this assures the lender that if you default on the personal loan, the lender has all the right to take back your collateral. You need to pledge your house as collateral when you opt for a mortgage loan or auto loan.

You can pledge collateral like a four-wheeler, a deposit certificate or a savings account when obtaining a secured personal loan. A considerable number of personal loan providers do not have minimum credit score requirements that a borrower requires to meet to obtain a secured loan.

You should know that you could lose your valuable asset if you fail to make the loan repayment on time after receiving a secured loan. Suppose you pledge your car for collateral and fail to repay the loan timely, the lender will become the new possessor of the asset, and you may not get it back. Contacting a reputable finance or credit counseling agency can help you become aware of the top ways to boost your Cibil score.

Key Points to Know Before Choosing a Secured Personal Loan

Qualify Easily

You won’t have to convince a personal loan provider at all when you opt for choosing a secured personal loan. A lender knows that if you default on the loan, he will become the possessor of your collateral. You should get in touch with a reliable company for credit score or Cibil score improvement, which will eventually help you obtain a secured loan easily.

Lower Interest Rates

Most secured loan providers charge lower interest rates because they know that a secured personal loan comes with significant risks. To bring down your loan’s overall expense, you have to pledge collateral for a secured personal loan.

A Risky Affair

You will lose your valuable asset if you fail to repay the entire secured loan amount along with interest on time. If you know you could become a defaulter, it is not a wise decision to choose a secured loan.

Unsecured Personal Loan

Most of the personal loans are unsecured, which means there isn’t any involvement of collateral. If a borrower fails to repay an unsecured personal loan, the loan provider stands to lose the entire loan amount. Therefore, this particular type of personal loan is considered riskier for a lender.

Student loans, medical loans and credit cards are unsecured personal loans. There isn’t any collateral, which backs an unsecured loan. Your potential lender will take several vital things into account before providing you with an unsecured loan. You should know the advantages and disadvantages of an income-driven student loan repayment plans before you choose one.

Getting in touch with a cibil score repair agency is of the utmost importance if the score isn’t impressive because unsecured loan providers check the credit score. They also take a borrower’s payment history and salary into account when checking the credit report. Remember that the majority of lenders agree to provide unsecured loans to borrowers with a credit score of 670 or above.

Key Points to Know Before Choosing an Unsecured Personal Loan

Not Easy to Qualify

Unless you make your potential lender feel that you are a trustworthy borrower, obtaining a secured loan is not possible. Unsecured loans aren’t backed by any collateral and which is why lenders do not take the risk to provide loans to everyone seeking this specific type of personal loan. You should contact a credit score or cibil improvement agency to quickly boost your credit score and qualify for an unsecured loan.

Higher Interest Rates

Lenders charge higher interest rates because they know that if a borrower becomes a loan defaulter, there isn’t any way to recover the entire loan amount. The interest rate on an average 2-year or 24-month personal unsecured loan could be as much as 9.5%. A borrower needs to know the most significant factors that affect the credit score before choosing an unsecured loan.

Assets aren’t at Risk

Your potential lender won’t be able to take possession of your valuable assets if you default on an unsecured loan. However, it doesn’t imply that you won’t have to experience any difficulties after becoming a loan defaulter. Make sure that you contact a credit repair company if you have a low credit score.

Most lenders take legal action and report the defaulted loan, which adversely impacts your credit significantly. Know that you have to repay the loan in some or another way if you initially get away even after defaulting on an unsecured personal loan.

Final Words

You should take all the vital things mentioned above regarding a secured personal loan and an unsecured personal loan into consideration. Only when you consider each of the critical things, you will be able to make a sound financial decision quickly.

With a high credit score, you can obtain an unsecured loan without putting your assets at risk. You can opt for a secured personal loan if you do not want to pay a high-interest rate and know that you won’t end up defaulting on a loan.

Credit Bureau

The 800 Credit Score: What It Means and How to Get One

Posted on 21 November, 2020 by Credit Triangle

The three-digit number is all you have to indicate your creditworthiness. We all know credit score scale ranges from 300 to 900. A credit score above 700 is considered to be an excellent number, and for the next credit, you will get quick approvals.

Credit Lenders usually prefer candidates with a high credit score. If you have an 800-credit score, you become eligible for any credit amount depending on your requirement. In other cases, Low CIBIL score candidates struggle to get timely credits and approvals.

Availing services from CIBIL Score Improvement Agency is always a great idea to eliminate all the bad credit disputes from your reports. And, Credit Triangle, a team of professionals can help you with that!

Let’s move forward and understand what are the benefits of an 800 credit score and how to maintain it.

Benefits of an 800 Credit Score

Check out below listed benefits of an 800 credit score something that you must be striving for.

Quick Credit Applications Approval – Credit Score clearly indicates the creditworthiness! A lender only approves your credit when your credit history is clear from all disputes, bad credits, and whether you are able to repay the borrowed amount. The higher the credit score more likely you will get quick approvals for your credit. Hence, maintaining the 800-credit score is essential.
Lower Interest Rates – One of the major determining factors in credit score is the Interest rate on credits/loans. If your credit score is 800 or more than 800, then you will definitely save on your interest rates.
Better Credit Card Offers and Deals – 800 credit score is beneficial in getting quick approval for credit cards. And, once you get approval for a credit card, the major advantage is you’ll get some amazing deals and offers while purchasing products.

Build and Maintain an 800 Credit Score

Anyone can build and maintain an 800 credit score because it is not reserved for the people. If you are looking for solutions to improve your credit score, you can follow the below mentioned necessary tips to stay away from all the CIBIL report disputes. Otherwise, get in touch with the professionals of Credit Triangle, Credit scores improvement agency to get your credit report free from all kinds of disputes.

Check out some quick tips to build and maintain your 800 credit score.

1. Pay all your credit dues and payments on time without any delay. The payment history section in credit reports is what matters the most because it covers majorly the largest portion. On-time payments can actually improve your credit reports and eventually, your credit score as well.

2. Keeping the credit limit below 30% is always a great way to maintain your credit score. Whatever the credit limit of your credit cards, just make sure that you maintain a minimum credit ratio i.e., 30%. If you wish to maintain an 800 credit score, you must maintain your limit credit card balance.

3. Avoiding hard credit inquires is again beneficial to improve your CIBIL score. Whenever you will make a hard inquiry, it impacts at least 10% of your credit score. Of course, it’s not a huge percentage but it certainly affects your credit score. Just when you are ready to apply for a credit card or a loan, make sure you avoid hard credit inquiries multiple times.

4. Another essential tip is to monitor your credit card reports and quickly clean up the errors as soon as possible. Even a single piece of information in your credit report can make significant changes in your credit score. Hence, always monitor your credit reports closely, and in case of incorrect information, make sure you raise the issue.

conclusion

800 credit score is an excellent one and considered by almost every lender. If you are making an extra effort to get an 800 credit score, it is definitely worth your effort. Therefore, you’ll have to work harder and a little longer to get an 800 credit score! Otherwise, you can get in touch with the professionals of Credit Triangle to improve your credit score and avail of amazing benefits.

Credit Bureau

9 Key Reasons to Check Your Cibil Score Regularly

Posted on 16 November, 2020 by Credit Triangle

People, who believe that consistency is the key to several good things in life, put in substantial effort to learn and master a new language, sharpen a new skill or build a fit and active body. In a similar way, assessing the credit on a timely basis is also the key to remain creditworthy. Consistent credit assessment is all about checking the credit report and credit score. It may seem a very simple action, but you will certainly reap multiple benefits if you do it consistently.

Individuals with a Cibil report dispute status can resolve the issue in a quick time if they check the credit score regularly. Maintaining your creditworthiness is possible with a good credit score, which is your past credit behaviour’s numerical representation. Your potential lenders’ won’t have to think twice about whether or not to lend you the loan amount you need if your credit score is good. It signifies your creditworthiness to potential lenders.

The credit score ranges between 300 and 900. Only when you have a higher credit score, you have a higher grade of creditworthiness. Availing credit score improvement services can help you better understand your credit report and help you boost your credit score and remain creditworthy.

Certain Things You Should be Aware of Beforehand

A considerable number of people have this misconception that checking the credit score more often will reduce the score. Know that this can be anything but the truth.

Without any worry, an individual can check his or her credit score as it won’t lower the score at all because it gets counted as a soft enquiry.

Your credit score could drop slightly when your potential lender checks your current score while you file an application for credit or loan because it gets counted as a hard enquiry. You need not worry about it much.

You should avoid making too many credit applications over a short time span to ensure that your credit score doesn’t drop.

Also, make sure that you pay all your dues in time. Taking this step can help you shoot up your credit score effectively and quickly.

Here are the top reasons that compel most people to check the credit score on a regular basis.

Know Your Credit/Financial Position

A professional Cibil score improvement agency will keep you updated on your credit or financial standing aside from letting you know your credit score. You won’t have to take any hassle these days to check your credit score if you stay in good touch with one such reputable agency.

It gets easier to keep a close eye on your credit score and know your present financial position before a lender checks it while you apply for a loan. You can even take remedial actions to better your score and standing if you check your credit score on a regular basis. Obtaining a credit report will help you understand the requisite actions you need to take to improve your credit score.

Rectify Issues in Your Credit Score

Your potential lenders will certainly report about your loan repayments and several other activities related to credit or loan to credit bureaus. Their reports also consist of closing/prepaying or settling a credit account. You should know that credit bureaus have the least knowledge of errors present in data reported to them, and they also have no authority to rectify errors. You should obtain a company Cibil score free regularly.

Only when you check your credit score frequently and properly, chances are higher to come across errors, which you can report and rectify successfully. There is no better way to recognize errors in your credit score and get the same rectified in a quick time other than checking the score regularly. If you do not check your credit score, the score may drop significantly without even any fault of yours. Know more about typical credit report errors and the best ways to fix the same.

Know in Advance What Potential Lenders Will See

You will know beforehand whether or not your potential lenders will allow you to borrow money for making a purchase of a brand new four-wheeler or apartment if you check your credit score regularly. Knowing the cibil scoring factors well can help you check your credit score constantly. You will know what your potential lenders will see while you file an application for a credit card or loan.

Helps You Keep Credit Score in the Green Zone

Your chances of getting a credit card or loan increase remarkably if you have a 750 or more credit score. However, you should know that an individual requires adhering to financial discipline and also patience to maintain a good credit score. Checking your credit score constantly will help you prevent your credit score from inching towards the red section.

It becomes easier to keep it in the green zone. It will take immense hard work and months of money-pinching to rise again once your credit score drops and sneaks towards the red zone. Even during a financial crisis, you won’t get a loan no matter how many times you apply if your credit score falls and enters the red zone. You will have a fair idea of how you are looking after your finances and credit line if you check your credit score every now and then.

You Will Know Whether Or Not You Deserve A Better Loan

A Low cibil score will certainly restrict you from obtaining a credit card or loan, but with a good score, you may get a better loan or credit card than what you expect. Therefore, it is essential to check your credit score constantly. You should know that individuals who check credit score regularly get a high-end credit card, which offers benefits and better rewards. Know the top clever ways to increase your credit score fast.

Ensures the Approval of Your Credit Card or Loan Application

Many people repeatedly make the mistake of checking the credit score only after the submission of their credit card or loan application. Know you too can do the same, but there isn’t any real purpose of doing that. If you check your credit score before application submission, you will know beforehand whether or not you will drive approval of your loan or credit card application.

Get in touch with a Cibil score improvement agency that can help you check your credit score from the comfort of your home whenever you wish, aside from fixing your bad credit effectively. You need to keep your credit score good, ensure all necessary documents are in order, and file your application form correctly to drive approval.

Obtain Valuable Insights Regarding Your Credit Score

You need to look at your credit report to gain an in-depth understanding of how your credit score works. You will find every detail related to your credit score in the credit report. You will also come to know about all the important parameters that influence your credit score if you go through the credit report timely.

You should know that each parameter contributes to your overall credit score. You will know what is going right and what isn’t if you invest time understanding the crucial parameters. You will be able to take the right action after analysing and improve your credit score by concentrating on areas where you aren’t going right.

Helps You Avail Early-approved Offers

Besides checking company cibil score free, you will also know the ways that can help you boost your Cibil score if you contact a leading finance or credit counseling company. You will also get the opportunity to avail of early-approved offers for several credit products for a wide range of credit scores. These financial counseling agencies have a great association with several lenders.

Helps You Avoid Frequent Hard Queries by Lenders

You won’t have to bother about encountering hard queries by potential lenders if you check your credit score. Your potential lenders will approach the credit bureaus to know your credit score when you apply for a loan or credit. These are known as hard inquiries. Every time a lender makes a hard inquiry, your credit score drops a bit.

A Cibil score repair agency can help you fix your bad credit and boost your score. Also, when you get the chance to check your credit score often, which is considered a soft inquiry, you do not cause any adverse impact on your credit score. Hence, the wisest thing to do is check your credit score before you file an application for a credit card or loan.

Conclusion

You have likely heard of the phrase many say that ‘prevention is better than cure’ when it comes to physical and mental health. The same holds for your credit health as well. Your financial standing will be better than many individuals, and you will also not need to encounter any unwanted incidents if you check your credit score time and again. The reasons mentioned above mostly compel a considerable number of individuals to check the credit score at regular intervals.

Credit Bureau

How to repair your Bad Credit? – CreditTriangle

Posted on 9 November, 2020 by Credit Triangle

A person’s credit score plays a crucial role in determining his/her creditworthiness. In India, there are 4 credit bureaus licensed by RBI to provide credit scores. Amongst them, the most popular is CIBIL score and the words ‘CIBIL score’ are often used synonymously with ‘credit score’ and refers to a score ranging between 300 and 900, with 900 being the highest score possible.

The higher the score, the higher are the chances of an individual’s loan application getting approved. The credit score is important because it showcases how dependable or risky an individual is as a borrower.

This credit score is derived using the credit history found in CIBIL Report, also known as CIR i.e. Credit Information Report. It can be received by applying on the official website of CIBIL. Upon receiving it, understanding the CIBIL report becomes important to verify the accuracy of the information in the report.

As an individual’s financial profile changes, so does his/her score. Therefore, knowing the factors affecting credit score is important as it gives an opportunity to an individual to improve his score over a period of time. Some of these are:

Payment History– contributes to 35% of the total score

How timely you pay your bills affects your credit score most than any other factor. It implies that whether you can be trusted to repay the funds loaned to you or not.

Credit Utilization– accounts for 30% of score

As a guideline, one should not use more than 30% of the available credit limit because it is a negative sign for creditors. Having too much debt or high balances can heavily affect one’s credit score.

Credit History Length– makes up 15% of score

This includes both, the age of your oldest credit account and an average age of all your accounts. The longer your credit history, the higher your credit scores because it shows you have a lot of experience handling credit.

Credit Mix– accounts for 10% of score

The more diversified portfolio of credit accounts a person holds such as installment loans, credit cards, mortgages, etc., the better it is for his credit score.

New Credit– constitutes 10% of your credit score

The number of credit accounts you’ve recently opened as well as the number of hard inquiries lenders make when you apply for credit is another factor affecting the credit score. Too many inquiries, especially within a short span of time can affect your credit score adversely.

An individual with a credit score below 600 is generally considered to be a relatively high credit risk for a lender. Lending institutions often charge a higher interest rate on these individual’s mortgages than a conventional mortgage in order to compensate themselves for carrying more risk.

The Credit score of less than 750, calls for the need for credit repair services to help individuals improve their credit score and undo the damage done to their credit health because of faulty financial behavior in the past. Simply put, credit repair is the process of fixing your credit report due to the presence of some mistakes or inaccurate information. It becomes essential to rectify them as these errors can limit your access to different types of credit.

A credit repair company can be a great help to you during the credit repair process as it has the necessary experience and resources needed to get the job done right.

Conversely, a credit score of 750 or above is considered good and may result in the borrower becoming eligible for some best loan offers along with a lower interest rate on loans. Some of the actionable steps to increase the CIBIL score from 600 to 750 can be:

steps to increase the CIBIL score from 600 to 750

First and foremost, an individual must ensure that there is no outstanding balance on his credit card.
Secondly, one must manage his credit utilization in an efficient manner i.e. if you are using too many cards, you must close your idle cards and limit your credit usage. In contrast to this, if you own limited cards and are exhausting the limit every month, it is time to raise your credit limit by applying for a new card and thereby, reducing the credit utilization ratio.
Repaying your loans on time will establish a good credit history of yours and will help you become eligible for a loan.
Too many unsecured loans and credit card results in a low credit score. Therefore, one should try to balance the portfolio by applying for a secured loan as it is better for a profile.
Instead of settling the loan, one must always refinance and close the account as this settled account is highlighted in the report as well.
Consolidating too many loans and opting for a smaller EMI will help in boosting your score.

None of the above-mentioned points can guarantee instant results, but following some of these steps can definitely help in improving the score gradually. Rebuilding your credit health is not an impossible task. All that is needed is a certain amount of commitment and perseverance to achieve your credit goal.

Alternatively, you can meet the experts of the Credit Triangle to improve your credit score.

CIBIL/Loans/Personal Loan

Most Common Credit Report Errors and How to Fix Them ?

Posted on 6 November, 2020 by Credit Triangle

How often do you read your credit reports? Probably, the last thing that you would like to read, yeah, boring enough. Isn’t it? However, you should not ignore that part because it is important to read your credit reports! No wonder, your credit reports have some wrong information in it that’s impacting your credit score. And, even single wrong information or detail in the credit reports can act as red flags, and quite obviously, lenders will think twice before they lend you any loan.

But yeah, if you go through your credit reports, then rightfully you can fix them as well. So, here’s a guide for you to understand what are the common credit report errors that you need to know and substantial steps to be taken to resolve them before time.

What is Credit Report?

Basically, a credit report is a summary of all your credit history, which determines your creditworthiness. Every lender, especially a potential lender uses credit reports to determine whether to extend credit or not and on what terms.

A credit report is a snapshot of everything you have done with your credit. Even a single bit of wrong information in credit reports can affect your chances of getting any credit. Hence, it becomes vital to check credit reports for errors. So, here’s the short guide for you to read and evaluate your credit reports.

How to check your credit reports?

To be capable of discovering and fix errors, you should keep a close check to your credit score reports. In India, there are four credit score bureaus which can be certified via way of means of the RBI to offer credit score scores: CIBIL, CRIF High Mark, Experian, and Equifax. It’s vital to keep an eye fixed on all of them, as they’ll include barely extraordinary information.

You can request your credit score record from every of those credit score bureaus, at the least once in a year. All you need to do is create an account with the credit score bureau, then answer a few questions for the verification process and get your credit score reports.

Common Credit Report Errors You Need to Watch Out

Let’s take a look at the most common errors in a credit report, and how you can take action against them.

Personal Details

Check your credit reports for name and address mistakes. On the off chance that your name has changed or you have moved, these significant details have to be updated with the credit agencies or bureaus. Moreover, your social security number plays a pivotal role in accurate credit detailing.

Account Details

You have to make sure that each record showing up on your credit report is really yours. Also, check the current balance to maintain the accuracy because in any case, if there’s any outstanding balance left, then it will definitely affect your credit score. Even the credit limit can be misreported if you didn’t check properly. If in any case, credit limits are misrepresented in your credit reports, your credit score can drop at a higher percentage of the available credit. So, if you are closer to using all of your available credit limit, then you will more likely to default on a loan.

Mistaken Accounts

First of all, it’s important to review all the open accounts listed on your credit report. Does likewise account show up more than once? Does the entirety of the records have a place with you? It’s not strange for another person’s record to show up on your record. Now and again, new records can be a sign of data fraud. Recuperating from fraud can be a long and troublesome cycle, yet getting it rapidly can diminish the effect. So, in case you’re dubious, call your lender right away.

Duplication Errors

Do you know that even duplicate accounts can raise a credit utilization ratio? It’s crucial to check your debts and it’s not listed more than once in your credit report as it can impact your credit reports and credit history, possibly under different names and creditors. Hence, do check for such minor details in your credit reports because these are some of the common errors.

Credit Limit Information

Credit Utilization Ratio (CUR) is a measure of credit available to you versus the amount you are using. It’s essential that the credit bureau must have accurate information about your credit limit and how much you owe to the lenders. Because If it’s not clear to the credit bureau, your credit utilization ratio can appear to be higher on your credit history that actually it is, which can directly impact your credit reports.

To sum it all up, checking your credit reports on a regular basis is essential to ensure that the information in it is just accurate, and of course, for the financial well-being. Even the tiniest of errors or mistakes in the credit reports can impact your lender’s decision for loan/credit approval. Therefore, don’t take any chance and if you find any errors in your credit reports, simply contact the credit bureau or get in touch with the experts of Credit Triangle to discuss your CIBIL report dispute status with us! Our team of experts can help you to understand your CIBIL report, resolve the issues and improve your CIBIL Score as well so that you can get quick approvals for your business or personal loan.

CIBIL/Credit Bureau

9 Ways to Ensure Your Credit Card Online Transactions Are Safe

Posted on 23 September, 2020 by Credit Triangle

When we use our credit cards online, there is a lot of sensitive information out there, which can make us

an easy target of cyber crimes and identity thefts. None of us wants our accounts hacked, identities stolen

or our emails spammed, but we unknowingly expose ourselves to the risk because we simply don’t know

what we should or should not be concerned about.

In this small guide, we’ll go through 9 essential security measures you should take to avoid spammers and identity thieves from misusing your credit card.

1. Use your credit card only on websites you trust

When you shop with your credit card online, ensure that your connection to the website is secure. The website address should start with https:// instead of http://. This is an indication that the transaction is encrypted and safe. Don’t visit the website by clicking on email links because these links are redirected to websites that are set up for fraud. Always type the URL of the website in the internet browser to visit the real website. Remember to read reviews of the app or website before you make a purchase using your credit card.

2. Avoid shopping on public Wi-Fi

Cyber criminals scavenge for information on public Wi-Fi networks. They latch onto the same Wi-Fi signal and intercept information while it’s being transmitted, thus gaining access to your confidential credit card information and other sensitive data such as account passwords, banking credentials, etc.

3. Don’t store your credit card number online

You may be tempted to save your credit card information for a customised shopping experience on your favourite websites, but this can put you at a higher risk of identity theft. It’s safe to fill in the credit card details every time you make a purchase, no matter how cumbersome the whole process is.

4. Protect your computer with an antivirus software/security Software Make sure your computer and other mobile devices are loaded with the most recent and reputable antivirus and anti-spyware software that protects you from hackers and identity thieves.

5. Keep a tab on the security settings of your computer/mobile device Check the security settings of your computer and mobile device from time to time. There have been cases where hackers have taken advantage of the lag in the security system of the browser and the operating system to steal sensitive information.

6. Keep your PIN and password safe

A PIN is an added layer of security to keep your transactions safe. Ensure that your PIN is not too obvious and easy to guess. Changing your PIN after every 6 months is a good way to make your credit card less susceptible to fraud.

Just like PINs, your passwords for online banking profiles should be unique and complex. Keep a long password, containing both upper and lower case letters, and a mix of numbers and symbols. Keeping a memorable phrase or sentence as a password is a good idea as it creates complexity. Add numbers

and symbols in a phrase/sentence password whenever possible. For example, the word “to” can be replaced with the number “2”, and the word “and” can be replaced with “&.” As far as possible, avoid writing your PIN and passwords down anywhere.

7. Intimate your bank immediately in case you lose your credit card

If you lose or misplace your credit card, or notice an unauthorised transaction, contact your bank immediately via an ATM, at a branch, over the phone or online banking. The bank will place a block on your card, which will prevent fraudulent activities.

8. Take a print or save your online credit card receipts

When you use your credit card online, don’t forget to print a copy of your receipt. You can then compare the amount on your receipts to the amount on your billing statement to make sure the total is a match.

9. Do not share your OTP/PIN with anyone

NEVER give out your PIN or your OTP to anyone –even to a person claiming to be a bank representative. Keep it personal and guard them well.

The whole idea of identity theft is scary, but don’t be discouraged. Although you cannot completely rule out the possibility of you being a victim of identity theft, you can definitely reduce the likelihood of such occurrences. All it takes is a little awareness and willingness to take the necessary precautions.

Credit cards are excellent tools to make online purchases. These tips can help you safely go through your credit card online transactions. For more details and updates about Credit Card, Credit score or what factors impact the wellbeing of your credit score, you can get in touch with the professionals of Credit Triangle. With different credit score improvement plans and best techniques to improve your credit health, they will make sure to offer you the best advice for the same.