Kalki

Credit score is a financial passport that opens doors to a world of opportunities or can easily constrain your financial journey too. Building and maintaining a strong credit score requires a strategic approach and disciplined financial habits. S Ravi BSE , former Chairman shares his views on how you can understand the credit score and build a strong score though financial discipline and strategy. Sethurathnam Ravi - Former Chairman of BSE According to the former BSE Chairman, there are several factors that will influence the trajectory of your credit score and some of key components include factors like your payment history. Making timely payments on credit cards, loans, and other financial commitments can dramatically improve your credit score. The longer your credit history, the more information lenders have when determined your creditworthiness. Keeping older accounts open improves this component of your credit score. Even a wide mix of credit accounts, such as credit cards, ins...