For an individual planning to apply for a loan or a credit card, the most important factor that a lender/bank considers is the CIBIL (Credit Information Bureau (India) Limited) report and score of that individual, besides his/her income. Hence, it is imperative that the individual checks his/her credit report, showing the credit history and score, before applying for a loan/credit card, so that his/her application is viewed favourably by the lender/bank.

1. Everything You Need To
Know About Credit Score

2. “
Buying real estate is not only the
best way, the quickest way, the
safest way, but the only way to
become wealthy
”
Marshall Field

3. Everything you need to
know about
Credit Score
For A Hassle Free Loan

4. What Is Credit Score ?

5. A credit score is a numerical
indicator of an individual’s credit
history, showing his/her financial
and credit health.

6. Out of How Much Is the
Credit Score Rated?

7. The score of an individual is calculated
by CIBIL ,which assigns a number
between 300 and 900 to a borrower
based on his/her credit history.

8. What is A Good Credit Score?

9. Different banks have different cut-off
credit scores for considering loan
applications. For most banks, the
credit score of borrowers should be 750
and above.

10. What are the Factors affecting
Credit Score?

11. The 4 major factors that affect
Your score are
- Payment history
- High utilization of Credit Limit
- Higher percentage of credit cards or
personal loans
- Many new accounts opened recently

13. How to Improve Your
Credit Score?

14. Avoid Late Payments!

15. Minimise credit card limit

16. Maintain a healthy mix of
credit

17. Avoid going for too many
credit facilities

18. Check Your CIBIL report

19. Read more about how to
enhance your credit score
here

20. What’s Your
Credit Score?

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