Credit score, a three-digit number that evaluates an individual’s creditworthiness, is an important aspect of financial profile. It is used to determine some of the most important financial factors in life, such as whether you’ll be able to finance a vehicle, qualify for a home loan or even get a credit card. A good credit score ensures easier approvals on loan, better interest rates, bigger credit limits in credit cards and many more such advantages that will not only give you an enhanced financial life but also a better lifestyle.
A good credit score ranges from 700 to 900 when you have streamlined finance with timely payments and repayments and any score below 500 is considered as a bad credit score which usually is an outcome of undisciplined financial behaviour. Following are just some of the key ways to ensure you keep your credit score, well above average