New Delhi, Nov. 6 -- A credit mix refers to nothing but the combination of different kinds of credit accounts you hold. These include credit cards, auto loans, personal loans, and home loans. It showcases how well you can manage debt.

Saurabh Puri, Chief Business Officer, Zaggle, explains, "Credit mix refers to the composition of different credit types an individual holds, such as credit cards, personal loans, and mortgages. A well-diversified credit portfolio reflects sound financial management and responsible borrowing behaviour, which can positively impact and strengthen one's overall credit score."

Leading credit bureaus such as CRIF High Mark, CIBIL, Experian, and Equifax consider credit mix as an essential part of your overall cre...