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Finance

How to improve credit score: Clearing card dues vs reducing outstanding loans – Comparison by personal finance expert

Photo: Mint

Both credit card balances and loans matter when building creditworthiness. Paying cards in full and maintaining low utilisation can help relatively quickly, while steadily reducing loans and making every EMI on time strengthen the profile over time.

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This is a short summary of a story published by Mint, shown with a link to the original. The full story, photo and reporting belong to Mint.

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