It is important for people with a CIBIL score less than 600 to go for a professional credit counselling session in India for several reasons:
- Understanding the root cause: A credit counsellor can help you understand the reasons why your score is low and provide guidance on how to address the underlying issues.
- Budgeting and debt management: A credit counsellor can help you create a budget and debt management plan to help you get back on track with your finances.
- Improving credit score: A credit counsellor can provide you with tips and strategies for improving your credit score, such as paying off high-interest debts and establishing a positive payment history.
- Consolidating debt: A credit counsellor can help you explore options for consolidating your debts, making them more manageable and helping you improve your credit score.
- Professional guidance: A credit counsellor can provide professional guidance to help you navigate the complexities of credit and debt management.
- Avoiding scams: Credit counsellors are trained professionals, so you can be sure that you are receiving accurate and reliable advice, and not falling prey to any scam.
- Regaining control: A credit counselling session can help you regain control of your finances and provide a sense of direction and purpose.
- Future planning: A credit counsellor can help you create a plan for the future to help ensure that you stay on track and maintain a good credit score.
- Avoiding future mistakes: A credit counsellor can help you learn from past mistakes and prevent them from happening again in the future.
- Access to resources: Credit counsellors have access to resources and can provide you with information on programs, services and products that can help you improve your credit score.