Your credit score is the first thing lenders check before approving a loan. A good score (750+) makes it easier to get loans at lower interest rates.
How to Maintain a Good Credit Score for Easy Loan Approval
Why is Credit Score Important?
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Higher chances of approval
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Better interest rates
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Higher loan amounts
Factors Affecting Credit Score
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Payment history (timely EMI/credit card payments)
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Credit utilization (don’t use more than 30% of your limit)
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Length of credit history
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Multiple loan applications in a short time
Simple Habits to Improve Your Score
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Always pay EMIs and credit card bills on time
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Avoid maxing out credit cards
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Keep a mix of secured & unsecured loans
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Check your credit report regularly for errors
Tip: Even if your score is low, Orbit Finserv can guide you toward the right loan options while you work on improving it.
