New Delhi, June 27 -- Credit score is quite pertinent for borrowers as lenders take a decision of loan approval based on it. Those borrowers whose credit score is poor can take some radical decisions of improving the score, becoming eligible to raise loan on convenient terms and conditions. These convenient terms include lower interest rates and faster processing.

Improving credit score is a lengthy process, so it is advisable to commence as soon as you can for it to improve by the end of the year.

I. Rectifying the mistakes: First and foremost, you need to check your credit report and make sure that you get the mistakes rectified. For instance, there could be some payment shown as 'pending' but it is no longer pending.

II. Lower credi...