New Delhi, Oct. 9 -- A credit score is a three-digit number. This number basically ranges from 300 to 900. It is akin to a financial report card for an individual. Four major credit bureaus provide credit scores in the country: CRIF High Mark, CIBIL, Equifax, and Experian.

Lenders assess credit bureau scores before approving personal loans or credit cards. A credit score of 750 or higher is considered reputable. It reflects reliability and integrity in repayments.

To boost your credit score effectively, you should follow the given steps diligently:

The following are the benefits of a high credit score for personal loans:

Note: The credit scores discussed above are illustrative in nature. These scores differ from one credit bureau to a...