How to improve your credit score? | How Buy Now Pay Later works? |
Edited By WION Video Desk
Published: Sep 25, 2025, 18:21 IST | Updated: Sep 25, 2025, 18:21 IST
A credit score is an indicator of how consistent you are with repaying your debts. When you borrow money from lenders like banks, your repayment information is sent to credit information companies that compute a credit score. The higher your credit score, the better your chances of securing loans with favourable terms. A credit score is also known as a credit rating.
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