what is credit score and cibil score

A credit score is a three-digit number, typically ranging from 300 to 900, that represents your overall creditworthiness. It reflects your past payment history, loan repayments, and financial behaviour. The CIBIL Score is a specific type of credit score provided by TransUnion CIBIL, one of the four licensed credit bureaus in India. Both scores are used by banks and lenders to evaluate the risk before approving loan or credit card applications, with a score of 750 and above generally viewed as excellent.