A credit score is a three-digit number that decides your creditworthiness. By looking at your credit score lenders will decide if you can repay your loan or not. You will be assigned a credit score between 300 to 850 based on your repayment history. If you have defaulted on any loans, your credit score will be badly affected. In case your credit score is low, banks will not sanction you any kind of loan. So, it is very important to have a good credit score. Watch this video to know how to increase credit score fast.
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