F(N)AQ: Why Should You Care About Your Credit Score?

By now, surely most of us must have heard or come across this financial term ¡®credit score¡¯ at least once, whether from our bank, financial portals, newspapers, advertisements or even our acquaintances. It's a no-brainer that this term has been nothing less than a revolution in India¡¯s banking sector for the past decade or so.

But amidst the plethora of information and advice that we are dumped with regarding credit score, it's natural to feel confused or rather unclear about exactly what is the role of this in our financial life? Why we should care about it? Especially when we already have a strong and stable financial life with adequate income, savings and even investments.

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That's exactly what we decode here for you by answering the not-so-frequently frequently asked questions surrounding credit score below, and how it is no less than a crucial financial asset today.

Also Read: Why Your Credit Score Can Fall Despite Timely Payments!

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