New Delhi, April 16 -- As the Indian economy evolves and financial literacy grows among consumers, understanding what constitutes and constructs a good credit score has become immensely crucial.

A credit score ranging between 300 and 900 is a numerical summary of an individual's credit strength, his creditworthiness. This number is given by leading credit bureaus and is used by banks and financial institutions to understand and assess loan eligibility and interest rates.

This write-up is dedicated towards discussing the idea of a good credit score and to work as a guide for aspirational personal loan applicants and credit card users by helping them follow the correct steps to further strengthen their credit profile.

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