When you apply for a loan or credit card, the lender requests your credit report from a credit bureau. Apart from your credit score, the lender analyses your detailed credit report to assess the risk of approving your credit application. This is done especially in the case of unsecured credit, such as personal loans or…

All information regarding your credit history is mentioned in your credit report. Lenders assess your credit report at the time of credit approval. A credit report portraying the disciplined credit behaviour of a borrower will contain a high credit score. This not only increases the trust of the lender but also makes it more convenient…