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Does taking a small personal loan help build credit score? An explainer
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Does taking a small personal loan help build credit score? An explainer
Source: Live Mint If your credit score is low and you want to improve it, one of the most effective ways is to start small and build it over a long period of time. For instance, if raising ₹5 lakh is not possible, then you could start with a humble ₹50,000. After you repay the loan on time, you would be one step closer to raising a higher loan amount. Once your credit score improves, you will be entitled to raise a loan of a higher amount. How…
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