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Firstly, when it comes to increasing the score, the majority of the population is interested, due to the fact that it dictates who gets lines of credit in the country. Currently, many Brazilians end up receiving denied applications for credit cards and loans due to a low score.
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The score is basically a type of score, which ranges from 0 to 1.000 and indicates the chances of a specific person paying their bills properly for the next year. In this sense, this system can inform credit companies and banks whether or not a person is eligible to receive credit.
That said, scoring works as follows:
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- Up to 300 points: high risk of not paying the contracted credit;
- Between 300 and 700 points: medium risk of not paying the contracted credit;
- Above 700 points: low risk of not paying the contracted credit.
In this sense, in this article we will show tips and information on how to increase your free CPF Score. In this sense, stay with us to find out how to increase your score and secure your credit.
Main reasons that lead to a low score
Firstly, it is important to reinforce that the score defines whether you are a good payer or a bad payer. This scale weighs for some reasons that you don't even see in your daily life. See what they are:
- Do not have accounts in your name;
- Delay payment of bills and debts;
- Make many credit requests, one after the other;
- Asking for an exaggerated limit increase, which does not match your financial profile.
All of this can lead to you having a low score, encouraging companies and banks to refuse your credit or loan application.
Top Tips on how to increase your CPF score
Based on this, see below the main tips on how to really increase your score in a simple and efficient way. Check out the list:
1. Clear your name
Certainly, the first step to help you get out of this totally negative scenario is to clear your name. By completing this feat, Serasa will pass on a positive score to you. With this, companies will look at you with different eyes and may release credit to you.
Furthermore, it is worth highlighting that it is totally valid if you look for offers and promotions with discounts on “Serasa Limpa Nome”. Generally, this process is part of the “fairs” to negotiate or renegotiate debts that the institution promotes.
2. Update your data on Serasa
Having your registration active on Serasa with all your information updated is a big step towards finally increasing your score. Many people do not even enter the website and keep their registration updated. In this sense, if you go in the opposite direction and do this, Serasa will look at you with different eyes.
3. Pay your bills on time
Firstly, it is extremely important to understand that the key to increasing your score is coming from a method capable of knowing whether you are a good payer or not. Therefore, if you have bills due on the 25th, pay them before or at the latest by the 25th, for example.
Understand that the more credibility in simple actions you pass, the better. With this, your score will gradually increase.
4. Have financial organization
Finally, understand that finally establishing a growth of good financial habits will help you increase your score. With a financial organization in your life, you will spend better, save better, invest better, pay your bills on time, and much more.
How long does it take to increase the score?
Certainly, it would be great to say that there is a short term for Serasa to increase your score. However, unfortunately, it is not possible to have a pre-established date or deadline. The entire process takes weeks to evaluate, checking your habits, bills, payments and financial behavior.
However, there is only one way to speed up this process: using the Positive Registry. It was established by Law 12.414/2011 and works as a financial curriculum. Therefore, if you use it and keep your data updated, the companies you request credit from can see your financial behavior.
Finally, if your financial behavior is good, the process will go faster.
How to check a CPF score?
In this sense, if you are curious to know how your score is doing, know that you can check your score for free. All of this is only possible through Serasa.
To check your CPF score, it’s very simple:
- Access the Serasa website;
- Log in or create your registration by filling in the requested information, and then confirm your email;
- After logging into your account, access the “My CPF” menu and that’s it!
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