Finance & Investment

Four tips to build a high credit score



Personal Finance: Four tips to build a high credit score




Having a higher credit score not only makes you eligible to avail a bigger loan but also helps you in getting a lower rate of interest.

While most lenders are quick to pass on interest rate increases to borrowers, that has not deterred people from taking loans. And even though the days of extremely low rates seem to be over for now, people still and will continue to need loans.

How important are credit scores for future borrowers?

Let me share a recent experience. Two of my friends approached their banks for personal loans of about Rs 7-10 lakh each. While one was offered a personal loan

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