{"id":24220,"date":"2022-01-06T09:17:20","date_gmt":"2022-01-06T09:17:20","guid":{"rendered":"https:\/\/tata-blog.osian.dev\/blog\/?p=24220"},"modified":"2022-01-06T09:18:45","modified_gmt":"2022-01-06T09:18:45","slug":"what-are-the-types-of-credit-scores","status":"publish","type":"post","link":"https:\/\/tata-blog.osian.dev\/blog\/whats-trending\/what-are-the-types-of-credit-scores\/","title":{"rendered":"What are the Types of Credit Scores?"},"content":{"rendered":"\n

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If you have taken any form of credit like a loan or a credit card, there\u2019s a good chance you know about credit or CIBIL scores already. But if you haven\u2019t, here\u2019s a quick refresher. A credit score is essentially a summary of your credit history in three digits. And for most financial institutions, it is a reflection of your debt repayment capacity.<\/p>\n\n\n\n

Now, you may have heard about the term CIBIL score being used interchangeably with creditrating or score. But did you know that CIBIL score is only one of the ways to measure credit?<\/p>\n\n\n\n

If you\u2019re curious about the other ways, here\u2019s all you need to know about them.<\/p>\n\n\n\n

First things first-<\/p>\n\n\n\n

Additional Read <\/strong>– Know More about the Credit Rating Agencies in India and Their Types<\/a><\/p>\n\n\n\n

What are the types of credit ratings or scores?<\/strong><\/h2>\n\n\n\n

The four licensed types are as follows<\/p>\n\n\n\n