9 proven strategies to increase credit score

Many individuals in India struggle with a low credit score due to a lack of awareness on how to increase it. Understanding credit scores and reports is crucial for maintaining a healthy financial profile. Timely payments, reviewing credit reports, keeping credit utilization low, maintaining a healthy credit mix, limiting credit inquiries, not maxing out credit limits, preserving old accounts, monitoring co-signed loans, and securing at least one credit product are essential tips to boost credit scores. Taking a proactive approach to these strategies can lead to a more secure financial future.

Nov 20, 2023 - 13:30
9 proven strategies to increase credit score
Many individuals in India struggle with a low credit score due to a lack of awareness on how to increase it. Understanding credit scores and reports is crucial for maintaining a healthy financial profile. Timely payments, reviewing credit reports, keeping credit utilization low, maintaining a healthy credit mix, limiting credit inquiries, not maxing out credit limits, preserving old accounts, monitoring co-signed loans, and securing at least one credit product are essential tips to boost credit scores. Taking a proactive approach to these strategies can lead to a more secure financial future.