Credit score
A three digit number, 300 to 900, that shows how reliably you repay.
A credit score sums up your borrowing record in one number, from 300 to 900. Lenders check it before a loan or card. The higher it is, the easier the approval and the lower the interest rate you are likely to get. Credit bureaus like CIBIL build it, and the exact formula is not public.
Questions people ask
What is a good credit score in India?
There is no official cutoff, but a score around 750 and above out of 900 is often treated as strong by lenders. Each lender sets its own rule, so check with them.
What is the difference between a credit score and a CIBIL score?
A CIBIL score is simply the credit score calculated by the bureau CIBIL. Other bureaus like Experian and CRIF High Mark produce their own scores on the same 300 to 900 scale.
How can I check my credit score?
Each licensed bureau must give you one free full credit report a year, and many apps show a score for free. This is general information, not financial advice.
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