New Delhi, Feb. 18 -- If your credit score is high, it is quite easy to be able to get a personal loan offer at a low interest rate. On the contrary, if your credit score is poor, getting an offer itself is a big deal. And if you are lucky enough to procure a loan, the interest rate that the bank gives will be higher than usual.

Here we explain how your credit score tends to affect your personal loan across different levels.

I. When your credit score is abysmally low (<600): In such a case, it is particularly hard to get a personal loan. And even if you manage to procure it, the interest rate at which the bank offers loan will be high. Typically, one may have to approch a non-banking financial corporation (NBFC) to procure a personal lo...