New Delhi, July 11 -- A credit score of 850+ is generally categorised as exceptional in the country. It brings benefits beyond favourable loan terms and premium credit cards. The individuals who have such high credit scores and a solid repayment history on credit card bills and home loans are provided lucrative offers by lenders on various loan products.

Akshay Aedula, Product and Growth, CRED, says "Beyond the obvious, a strong credit score can unlock higher loan limits, faster approvals, and eligibility for premium credit cards. Many employers have a credit score cutoff for onboarding team members. In peer-to-peer engagements, credit score is often used as a proxy for trustworthiness. Landlords in other countries, and increasingly in I...