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Credit Score In India: All You Need To Know

Credit Score In India: All You Need To Know

What exactly is a Credit Score? Simply explained, a credit score is a numerical representation of your creditworthiness. The score is determined by your credit behaviour and serves as proof to lenders of how well you have managed your finances on your own. To delve deeper into how this enigmatic number is calculated, we must first understand that credit scores are established by credit bureaus, which keep a record of your credit actions and calculate the score based on commonly accepted norms. What is the significance of a Credit Score? A credit score is a three-digit number that indicates your…
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