What is Experian Free Credit Score?

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Experian is a global leader in information services, delivering data and analytical tools to clients all over the world. Learn more about its features, functions, and services.

Experian is one of the world’s foremost credit information services companies offering a wide range of business tools to their clients based all across the globe. Widely known to be among the planet’s most innovative companies according to Forbes magazine, the company is licensed by the Reserve Bank of India and assists clients by providing a wealth of analytical as well as data tools, which help them manage their businesses in a more efficient and effective manner.

Check your Credit Score for Free

Experian is also the first credit information company to be licensed by Credit Information Companies (Regulation) Act 2005 (CICRA 2005) and currently operate two firms within India, namely:

Experian Credit Information Company of India Private Ltd
Experian Services India Private Ltd

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Experian has tied up with more than 2,900 financial institutions, counting public sector banks, telecom companies, micro finance institutions as well as non-banking financial companies. The company, which is ISO 27000:2013 certified, provides its customers with credit information as per guidelines issued by the Credit Information Companies (Regulation) Act of 2005.

Features and Functions of Experian

In addition to business management tools, the firm also assists businesses in the following ways:

Helps businesses zero in on offers relating to marketing
Helps clients by managing their credit risk in a more efficient manner
Helps businesses by automating their decision making
Effectively helps clients in the prevention and circumvention of instances of fraud
The firm also helps individuals by protecting them against identity misrepresentation and theft, ascertainment of their credit scores, and drawing up their credit reports.

Check your Credit Score for Free

Experian is also the first credit information company to be licensed by Credit Information Companies (Regulation) Act 2005 (CICRA 2005) and currently operate two firms within India, namely:

Experian Credit Information Company of India Private Ltd
Experian Services India Private Ltd

Table of Contents

Features and Functions of Experian

In addition to business management tools, the firm also assists businesses in the following ways:

Helps businesses zero in on offers relating to marketing
Helps clients by managing their credit risk in a more efficient manner
Helps businesses by automating their decision making
Effectively helps clients in the prevention and circumvention of instances of fraud
The firm also helps individuals by protecting them against identity misrepresentation and theft, ascertainment of their credit scores, and drawing up their credit reports.

Check your Credit Score for Free

Factors Affecting Your Experian Credit Score

Given below are the key factors which affect your Experian credit score:

Length of credit history
Credit Utilization Ratio (CUR)
Borrowing as well as repayment history
Joint accounts
Wide range of credit options

Why are Experian CIR and Credit Score Important?

The Experian Credit Score and Credit Information Report reflects your creditworthiness and past credit history. These reports represent your eligibility to get an approval for a personal loan, credit card, home loan and other kind of loans. These play a very important role for you to get a credit card and a loan approved.

If you have a high Experian score, then this will improve your chances of getting an approval for a credit card and a new loan. However, this may, on the other hand, help you get a lower interest rate for your loan.

Services Provided By Experian

Experian offers businesses and individual customers the following services:

Consumer Services

Experian assists its customers by providing them with the following consumer based services:

Regularly updating clients on a monthly basis with regards to their credit performances.
Informing clients about the current status of their credit.
Assisting clients in making smarter and sound financially related decisions for the future.
Ensuring that their client’s credit is protected as time goes on.
Helping clients to understand and analyse their credit reports.
Ensuring that credit reports obtained by clients do not contain any errors.

Apart from this, the two main services are:

Experian Credit Report:

You can view the information lenders use when doing a credit check using your Experian Credit Report.
Users can raise disputes on their credit reports.
The customer support team helps the users to address their disputes or queries on time.

Experian CreditExpert

Experian CreditExpert is a free Experian Account which provides you access to an updated credit score.
The tool sends notifications to its users for any kind of changes to their credit score, loan or credit card accounts.

Member Services

Experian also provides special services to clientele who are members of the company. Some of their member related services are as follows:

Assisting clients predict and forecast their credit risk.
Providing clients with effective and efficient management regarding their credit risk.
Helping clients lower their exposure to bad debts.
Ensuring that clients are protected against the possibility of fraud.
Providing assistance to clients with regards to optimisation, segmentation, custom scores and much more.

Experian is also the first credit information company to be licensed by Credit Information Companies (Regulation) Act 2005 (CICRA 2005) and currently operate two firms within India, namely:

Experian Credit Information Company of India Private Ltd
Experian Services India Private Ltd

Table of Contents

Features and Functions of Experian

In addition to business management tools, the firm also assists businesses in the following ways:

Helps businesses zero in on offers relating to marketing
Helps clients by managing their credit risk in a more efficient manner
Helps businesses by automating their decision making
Effectively helps clients in the prevention and circumvention of instances of fraud
The firm also helps individuals by protecting them against identity misrepresentation and theft, ascertainment of their credit scores, and drawing up their credit reports.

Check your Credit Score for Free

Factors Affecting Your Experian Credit Score

Given below are the key factors which affect your Experian credit score:

Length of credit history
Credit Utilization Ratio (CUR)
Borrowing as well as repayment history
Joint accounts
Wide range of credit options

Why are Experian CIR and Credit Score Important?

Services Provided By Experian

Experian offers businesses and individual customers the following services:

Consumer Services

Experian assists its customers by providing them with the following consumer based services:

Regularly updating clients on a monthly basis with regards to their credit performances.
Informing clients about the current status of their credit.
Assisting clients in making smarter and sound financially related decisions for the future.
Ensuring that their client’s credit is protected as time goes on.
Helping clients to understand and analyse their credit reports.
Ensuring that credit reports obtained by clients do not contain any errors.

Apart from this, the two main services are:

Experian Credit Report:

You can view the information lenders use when doing a credit check using your Experian Credit Report.
Users can raise disputes on their credit reports.
The customer support team helps the users to address their disputes or queries on time.

Experian CreditExpert

Experian CreditExpert is a free Experian Account which provides you access to an updated credit score.
The tool sends notifications to its users for any kind of changes to their credit score, loan or credit card accounts.

Member Services

Experian also provides special services to clientele who are members of the company. Some of their member related services are as follows:

Assisting clients predict and forecast their credit risk.
Providing clients with effective and efficient management regarding their credit risk.
Helping clients lower their exposure to bad debts.
Ensuring that clients are protected against the possibility of fraud.
Providing assistance to clients with regards to optimisation, segmentation, custom scores and much more.

Get Your Experian Credit Report and Credit Score Online

Given below are the steps to get Experian credit report and credit score online:

Visit https://www.experian.in/.
Click on the ‘Free Credit Score’ button.
You will be redirected to a new page.
Enter your mobile number which is associated with your loan account and password.
Click on ‘Verify Password and Send OTP’ button.
You will receive a One Time Password (OTP) at your registered mobile number.
Enter the OTP and click on ‘Login’.
You will be able to view your complete credit report online.

Get Your Experian Credit Report and Credit Score Offline

The following are the steps to get your Experian credit report and credit score offline:

Step 1: Visit the Experian website and download and in the form
Step 2: Make sure you self-attest a photocopy of your PAN card, passport and your voter ID. These will be your identity proof documents.
Step 3: Submit your self-attested photocopy of telephone bill, electricity bill, rent agreement, bank account statement and also a deed of purchase as address proof documents.
Step 4: Make the payment of the fee for your Experian CIR through either NEFT or a demand draft.
Step 5: You should send the form with the required documents to Experian Credit Information Company India Pvt. Ltd.Consumer Services Equinox Business Park, Tower 3, 5th Floor,East Wing, LBS Marg,Kurla (West), Mumbai 400070.

Courtsey To : Bankbazaar