A number from 300 to 900 that sums up how reliably you have repaid credit.
Credit bureaus calculate the score from your credit report: whether you paid on time, how much of your limits you use, how long you have had credit, the mix of loans and cards, and how often you have applied recently.
Lenders use it to decide whether to lend and at what rate. Above 750 is usually seen as good. Checking your own score never lowers it.
Short reads that explain how it works before you decide.
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →Automatically organise your spending, track expenses and understand where your money goes.
