We deal with different people every day that can either be for entering into the new business or renting out your property, recruiting new people, etc. For each of this, it is crucial that we know the opposite persons financial status. Perhaps not all are willing to share their credit score so the question is – “How can you check someone else’s credit report?”
It is to be noted government strictly restricts people from looking into someone else’s report without their prior permission.
- The best thing is to ask the concerned person for his/her credit report. However, if he does not have and asks you to take the same from CIBIL on his behalf, you will have to take this in writing to avoid any problems in the future.
- You can order the report directly from CIBIL or through online sites. Either of the two is an easy and a convenient option.
- After you have obtained the report, scrutinize the same thoroughly and intimate the report holder about the report. You will also have to inform him/her about you decision after seeing the credit report.
Keep this in mind that your credit score plays a very important role your life. Whether it’s a new job, renting a house, or obtaining a loan you are screened based on your credit score. Keep a close track of your income and expenditure, invest smart and ensure that you maintain a decent score in order to avoid any problem in the future.