New Delhi, April 2 -- In India, credit rating bureaus generally provide credit scores ranging from 300 to 900. A credit score of 720 is typically considered a strong indicator of an individual's financial health.

It reflects responsible financial management and credit behaviour while also opening doors to various financial opportunities, such as easier loan approvals, fair repayment terms, and lower interest rates.

This write-up explores five key insights to consider regarding a credit score of 720.

A credit score above 750 is generally 'fairly good', while a score of 720 falls within the 'good' category. It indicates that the borrower has a strong repayment history, consistently pays loan EMIs on time, and maintains low credit utilisa...