New Delhi, July 17 -- Missing out on paying a home loan EMI can dent your credit score and reduce your chances of securing personal loans, premium credit cards or other similar credit lines in the future.

With the increasing use of credit in the nation, timely repayments are crucial to maintain a healthy credit profile. In ensuring the same it is important for you as a borrower to keep in mind that even a single default can impact your creditworthiness.

According to leading credit bureaus, borrowers with scores above 750 may even see a drop of up to 100 points if an EMI is missed. Those with lower scores may be affected even more. That is why it is in the best interest of borrowers to be very careful with the repayment of their home loa...