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Your credit score is a key determinant on home loans. A credit score of 735 is considered good, and can get you a loan to buy your dream house.

710 is considered a good credit score. It can get you a home loan. But the risk ratio will be a bit higher and you would end up with a higher interest rate.

611 is not a bad credit score. You can still land up with most loans and credit cards in the market. But, you will have to pay expensive interest rates and pay higher credit card bills, since your credit score is lower. You just have to pay premiums and assume higher interest rates. Submit more documents if you think that will help.

A credit score of 680 is considered fair. It is not bad but still makes lenders tread with caution with your car loan application. A 680 generally indicates that your credit history is good, but you have not had enough credit history, which makes your credit score lower.

Yes. 697 is a great credit score and a healthy CIBIL™ score, but you can get a better score with a higher credit score. CIBIL™ scores are based on a scale of 300-900.

A 700 credit score is impressive. It means that you've been paying your bills on time and have a history of responsible behaviour. It suggests that you're a good risk, which can be useful if you're looking to purchase a home or take out a loan.

When you take a loan from KreditBee and pay it on time, your credit score improves. Whereas, if you default on your EMIs, your credit score dips. To maintain a good credit score is very important.

Getting a personal loan has become very easy and hence the CIBIL™ score for any individual has become a factor that cannot be taken for granted. A good CIBIL™ score states that the individual is worthy of taking credit from any borrower and thus it has become of prime importance in the credit profile of any individual

You can get an instant personal loan from EarlySalary even with a low CIBIL™ score. Despite the fact that the market is saturated with instant loan apps, EarlySalary is the market leader in providing instant loans to applicants with a low credit score or CIBIL™ score.

Despite the fact that the market is flooded with instant loan apps, EarlySalary is the leading lending platform that provides instant loans to applicants who do not have a credit score or CIBIL™ score.

Yes, EarlySalary does check your CIBIL™ Score to process your personal loan application. EarlySalary is an instant loan app that offers personal loans of up to Rs.5 lakhs to eligible borrowers.

Yes, you can pre-close a loan from CASHe. If you want to clear your loan amount early or pay off a huge amount before the due date, you can do it without paying any extra fees on CASHe. This is because CASHe does not charge any penalty for preclosure or part-payments.

Your CIBIL™ score is extracted as part of the loan process but your eligibility is primarily based on SLQ – CASHe’s unique algorithm based on your social media history.

A credit score is given by credit bureaus based on your credit behavior. If you are good at handling finances and have not generally defaulted on any of the payments, your credit score will be good.

IndusInd bank specifies that applicants should have a minimum credit score of 750 to qualify for a personal loan from IndusInd Bank. But, the immediate question that comes into your head is, will I get a personal loan from IndusInd bank if I have a bad credit score?

ICICI Bank requires a minimum credit score of 750 and above to get a personal loan. You might be eligible for a personal loan with a lower credit score, but the interest rate and other loan terms will not be very favorable to you.

Axis Bank requires a minimum credit score of 750 and above to get a personal loan. You might qualify for a personal loan with a lower credit score, but the interest rate and other loan terms will not be very favorable to you.

You can check your credit report as many times as you want. A self-check doesn’t affect your credit score so there is no problem. However, you will get only one free credit report in a year and subsequent credit checks will cost you money. TransUnion CIBIL, Equifax, Experian and CRIF Highmark – these are the 4 credit bureaus in India. 

A credit score of 700 and above is considered good for a business loan, which can get you lower interest rates. 

On average, one can see a rise of 8-12 points in credit score by paying off outstanding credit card dues. However, the rise and rate of rising in credit score depends on how long the dues have been outstanding and one’s overall repayment track record. The lower the dues and timelines, the better the chances of an immediate rise in credit score. For longer and larger dues, it may take a long to bring up the credit score points.

Depending on how long your lender takes to report repayment of outstanding debt, the timeline for your credit score improvement on the credit report could be long or short. 

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