New Delhi, May 19 -- As borrowing and lending is becoming digital in India, the borrowers are increasingly careful about their credit scores and the integrity of their credit profiles.

Every borrower now clearly understands and recognises the importance of the impact that multiple loan inquiries have. That is why it is always prudent to inculcate responsible credit usage and management habits.

Further, according to Sumit Sharma, Founder, Radian Finserv "Too many inquiries within a short span can temporarily lower the credit score, especially when triggered by lenders. However, in normal situations of self checks, there's typically no negative impact."

That is why understanding how these inquiries influence creditworthiness of individua...