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Credit Score: A Short Introduction
The New Indian Express Kozhikode
|August 11, 2025
A credit score is a numerical representation of creditworthiness, reflecting how likely you are to repay borrowed money.
It's calculated based on your credit history and is used by lenders to assess the risk of lending to you. Credit scores range from 300 to 850, with higher scores indicating better credit. Most common models are Transunion Cibil, Experian, Equifax, etc.
Factors affecting credit score
• Payment history (35%): Whether you pay bills on time. Late or missed payments, or defaults hurt your score.
• Credit utilization (30%): The ratio of credit card balances to credit limits. Lower utilization is better.
• Length of credit history (15%): The age of the oldest account, average age of accounts, and age of newest accounts.
• Types of credit (10%): A mix of credit types (credit cards, mortgages, auto loans) can positively impact your score.
Denne historien er fra August 11, 2025-utgaven av The New Indian Express Kozhikode.
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FLERE HISTORIER FRA The New Indian Express Kozhikode
The New Indian Express Kozhikode
The Great Indian Aviation Robbery
The breakdown was not sudden, though it felt that way to those of us trapped in the glass-and-steel belly of Mumbai’s Chhatrapati Shivaji Maharaj International Airport that day.
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The New Indian Express Kozhikode
40-yr-old lynched to death in Bihar over religious identity
A 40-year-old man was lynched by a mob after ascertaining his religious identity in Bihar’s Nawada district, sources said on Saturday.
1 mins
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The New Indian Express Kozhikode
Atmosphere electric as city hails soccer royalty
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1 mins
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The New Indian Express Kozhikode
Allahabad HC sets aside maintenance order in favour of working wife
THE Allahabad HC has set aside an order passed by a lower court of Gautam Buddh Nagar mandating a man to pay maintenance to his estranged wife.
1 mins
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The New Indian Express Kozhikode
Tax dept intensifies action against fake deductions
THE tax department has intensified its action against bogus claims of deductions and exemptions under the Income Tax Act, using a data-driven approach to identify suspicious filings and intermediaries facilitating tax evasion.
1 min
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The New Indian Express Kozhikode
Mess in Bengal, grace in Hyd
No glimpse of star leads to paying public rage
1 mins
December 14, 2025
The New Indian Express Kozhikode
INDIA CHOKES AS POWER PLAYS ON
POWER & POLITICS
5 mins
December 14, 2025
The New Indian Express Kozhikode
BIG TECH RUSH TO BUILD CLOUD, AI INFRA IN INDIA
HERE is a sudden downpour of Big Tech investments in India.
3 mins
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The New Indian Express Kozhikode
Sebi chief seeks CAs’ help for robust market system
SEBI chairman Tuhin Kanta Pandey has sought active cooperation of chartered accounts (CAs) to build a stronger financial market architecture with standardised complex valuations by ensuring that price assumptions are consistent, transparent, and welldocumented.
1 min
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The New Indian Express Kozhikode
5.7K trees to go for U’khand highway expansion
AS environmentalists continue to protest the felling of over 6,000 trees for a highway project in Uttarkashi, another major ecological concern has emerged from the Kumaon region.
1 min
December 14, 2025
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