New Delhi, June 20 -- Credit scores have now become the cornerstones of financial health in the country. Especially since the recent regulatory changes and developments mandating more frequent updates, closer checks, stricter scrutiny.

Loan agents and financial institutions often focus on the headline numbers only still, there are critical details about your credit report that are rarely discussed by borrowers.

These details can make or break your entire loan application. Therefore, credit score is extremely important for loan eligibility still there are several other factors that cumulatively influence loan or credit card applications.

Discussing the same issue with Mint, Raj Khosla, Founder & MD, My Money Mantra believes, "When you a...