New Delhi, Sept. 22 -- It is your responsibility to keep your credit report accurate for seamless financial transactions and approval of personal loans, credit cards, and other similar credit lines. A name change can occur due to marriage, divorce, or any legal reason. Keeping this updated ensures that an individual's credit profile remains accurate, consistent, and accessible.

It is a given that changing your name on your credit report does not directly impact your credit score. Still, failing to update this crucial information can cause identity mismatches, confusion, and delays in personal loan and credit card approvals. Lending institutions simply prefer blemish-free credit profiles with credit scores of over 750, preferably.

The na...