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How to rectify your credit score after defaults, missed payments
Mint Mumbai
|July 24, 2025
I'm 32 and plan to buy a house to move in with my spouse. My credit score is much lower than hers due to past defaults. How can I fix this and rebuild financial trust?
—Name withheld on request
A credit score plays a critical role in determining loan eligibility and the terms you are offered by financial institutions. When one partner has a significantly lower score, it can affect joint borrowing capacity and the ability to access loans on favourable terms.
This story is from the July 24, 2025 edition of Mint Mumbai.
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