Credit score explained for absolute beginners

Your credit score is a number between 300 and 900 that tells lenders how reliable you are with borrowed money. A score above 750 is considered good.

Why it matters

A high score gets you loans faster and at lower interest rates. A low score can mean rejection or expensive borrowing.

How to improve it

Pay every EMI and credit card bill on time, keep your card usage under thirty percent of the limit, and avoid applying for many loans at once.

Check your report free once a year and dispute any errors with the bureau.