How is my credit score?

In India, your credit score is a three-digit number, typically ranging from 300 to 900, that represents your creditworthiness. It is calculated by credit bureaus like CIBIL, Experian, Equifax, and CRIF High Mark based on your credit history. Key factors influencing your score include:

• Payment History: Timely repayment of loans and credit card bills.
• Credit Utilization: The percentage of your available credit limit being used.
• Credit Mix: The balance between secured and unsecured loans.
• Inquiries: The number of recent credit applications you have made.