Last Updated:November 20, 2024, 18:44 IST A credit score is a three-digit number ranging between 300 and 900, used to evaluate your creditworthiness, while a credit report is a detailed document prepared by credit bureaus like CIBIL, Experian, Equifax, or CRIF High Mark. A higher credit score indicates better financial discipline, making you an attractive … Read more
Have you ever noticed a new credit card or loan account on your credit report that you don’t recognise or inquiries for credit products you never made? There’s a good probability that you may be a victim of identity theft. It is a form of financial fraud where threat actors use your personal data, such … Read more
High interest rates and elevated inflation since the US Federal Reserve’s aggressive monetary tightening campaign have translated to more missed payments and rising debt levels. Moreover, last year’s average FICO credit score declined for the first time in a decade, as outstanding credit card balances transitioning to delinquencies have continued to increase since 2022. A … Read more
