Before I discuss about improving credit score, lets know what it is?
What is credit score?
Credit score is a consolidated number given by Credit bureau(CIBIL in India) based on your loan and credits.A healthy credit score means you are often repay your loan and credit payments. Credit score is between 300-900.Anything over 800 points often gets their loan approved. But this doesn’t have to hamper you in procuring an Affordable Personal Loan, because the credit history isn’t taken into account by some moneylenders when lending.