See the benefits of having a good credit score

What is Credit Score?

A credit score describes your previous financial performance. It is like a school mark sheet.

It is like marks that summarise your credit history.

A credit score is a three-digit number that ranges between 300 and 850

Your credit score is calculated based on your past borrowings and repayments.

Banks & Financial institutions will look up your credit score before approving new loans or credit cards.

If you have a good credit score, you will get some benefits.

1) You will get loans at low-interest rates.

2) You will get Credit Card and Loan Approval more easily than others who have a low credit score.

3) If you have a good credit score, you can negotiate on loan amount & interest rates.