Denemek ALTIN - Özgür
Credit Score: A Short Introduction
The New Indian Express Vellore
|August 11, 2025
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.
Bu hikaye The New Indian Express Vellore dergisinin August 11, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
Zaten abone misiniz? Oturum aç
The New Indian Express Vellore'den DAHA FAZLA HİKAYE
The New Indian Express Vellore
Strategic Autonomy Guides Ties, PM Tells Xi, Seeks Mutual Trust Amid Global Turmoil
AIMING for long-term stability in India-China relations amid disrupted global trade and shifting geopolitical alignments triggered by US tariffs, Prime Minister Narendra Modi on Sunday noted with President Xi Jinping that the two countries must pursue strategic autonomy and their ties should not be viewed through the lens of a third country.
2 mins
September 01, 2025
The New Indian Express Vellore
AI GOES TO SCHOOL
CODING AND ARTIFICIAL INTELLIGENCE IN INDIAN CLASSROOMS
3 mins
September 01, 2025
The New Indian Express Vellore
Vijay Puts Forth 11 Demands to Centre, State to Save Exporters
TVK president Vijay on Sunday urged the union and state governments to act on a 'war footing' and take emergency measures to safeguard the interests of exporters who face hardships due to the United States' imposition of a 50% tariff on Indian goods.
1 min
September 01, 2025
The New Indian Express Vellore
Bomb threat to Tiruppur collector's office sent via Russian server: Cops
AFTER a bomb threat was sent to the Tiruppur district collector's officer with the subject 'This is for Ajmal Kasab', an investigation revealed that the threat email was sent from a Russian server.
1 mins
September 01, 2025
The New Indian Express Vellore
EC Seeks Proof on Congress' 89L Objections
The Congress on Sunday alleged that the Election Commission dismissed around 89 lakh complaints of irregularities flagged by its booth-level agents (BLAs) during the Special Intensive Revision (SIR) of electoral rolls in Bihar.
1 min
September 01, 2025
The New Indian Express Vellore
Online tool to manage blood pressure unveiled
HIGH blood pressure is one of the world's biggest health challenges, affecting as many as 1.3 billion and leading to around 10 million deaths per year.
2 mins
September 01, 2025
The New Indian Express Vellore
Russia and China push back on western sanctions, call for new global order
RUSSIA and China have taken a common stand against \"discriminatory sanctions\" that hinder the socioeconomic development of BRICS member countries, Russian President Vladimir Putin has said.
1 min
September 01, 2025
The New Indian Express Vellore
Assam leader killed for joining Manipur meet
SUSPECTED militants have killed a Thadou community leader from Assam who had taken part in a peace meeting in Manipur capital Imphal on August 6.
1 mins
September 01, 2025
The New Indian Express Vellore
Cross-border terror: Modi, Xi on same page
Bilateral meet ahead of SCO Summit sets tone for a forward-looking agenda for India-China relations & trade ties
1 mins
September 01, 2025
The New Indian Express Vellore
Loans against gold jump 122% in one year
This shows rising indebtedness of households as these loans are for consumption and are of small ticket size
2 mins
September 01, 2025
Listen
Translate
Change font size