The range of CIBIL Score is 300–900, usually Credit Score above 700 are considered to be good. But less than 700 score doesn’t mean you have a bad Score, it is an average Score. More importantly, you can get loans from many NBFCs and Banks with this score. But note that you can work towards improving your score above 700 .Your credit score plays a key role when you apply for a loan. The following ways will help you in understanding your Credit Score:-
Credit Score isn't the only thing that could make or break your ability to get a loan or line of credit. Many lenders - mortgage lenders, especially - will also calculate a potential borrower's debt-to-income ratio to determine whether they're suited to take on another monthly payment.