What information is included in a credit check?

A credit check includes details about your borrowing history, repayment patterns, and current obligations. Lenders use this information from credit bureaus like CIBIL™ to judge if you are financially reliable to repay the loan that you are willing to take.

In short, it is a summary of how you’ve handled credit so far.

Here is what usually shows up:

• Personal details: Name, address, date of birth, PAN as well as your employment details.
• Credit accounts: All your past and current loans or credit cards with status of each.
• Repayment history: On-time EMIs, late payments or defaults.
• Outstanding balances: The amount you still owe across loans as well as your cards.
• Credit inquiries: Every time a lender has checked your CIBIL™ score.
• Credit score: A three-digit number that reflects your overall creditworthiness.

So, if you thought lenders only peek at the number, that’s not true. They will read your full report, which means, every little payment you make (or miss) writes your financial story and lenders are always reading it closely.