New Delhi, March 20 -- The economic growth of India heavily depends on the financial patterns of its millennial segment due to their large numerical dominance in both the population and workforce. As they gain independence they change their approach to credit borrowing by using digital flexibility to spend wisely and make proper financial decisions. This analyses both their borrowing patterns and their perspectives on debt as well as the elements which influence their financial decision-making process.

A person's creditworthiness appears as their credit score which evaluates their performance in handling borrowed funds. The calculation of credit scores combines payment history and outstanding debt with duration of credit record and types...