Low/No Cibil

Missing an EMI can trigger penalties, extra interest, and a drop in your CIBIL score. But quick action can minimise damage. Pay the overdue amount, speak with your lender, reschedule EMIs if required, and set up auto-debit. With consistent payments, your credit score can fully recover in 3–6 months.

Improving your CIBIL score in just 90 days is completely possible with the right habits. By paying EMIs on time, reducing credit card utilisation, clearing small dues, avoiding new credit applications, and fixing errors in your report, you can boost your score by 40–90 points and unlock better loan opportunities.

Loan rejection isn’t about luck — lenders follow strict checks. From CIBIL score issues and high credit utilisation to job instability and document mismatches, small mistakes can lead to rejection. This guide reveals 7 insider tips lenders don’t tell you — so you can apply confidently, boost approval chances, and get your personal loan without stress.

Struggling with a low CIBIL score? You can still get a personal loan and rebuild your credit health. Learn how to qualify, improve your score, and secure quick funds through smart financial planning. With One Day Finance, finding the right personal loan—even with a low CIBIL—is simple, transparent, and stress-free.

Understanding key financial terms is the first step toward smart borrowing. From credit scores and EMIs to debt consolidation and overdraft facilities, these concepts shape how loans and credit work. At One Day Finance, we simplify finance so you can make informed decisions with confidence.

First-time borrowers no longer need a CIBIL score to apply for loans. As per RBI’s new guidelines, banks must assess applicants based on income, employment, and repayment capacity—not just credit history. This opens doors for young professionals and fresh applicants to access credit with greater ease and transparency.