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740 Credit Score

Is it good or bad?

Your score falls within the range of scores, from 700 to 750, that is considered very good. A 740 CIBIL Score is an above the average credit score.

A 740 CIBIL Score is an above the average credit score.

Borrowers with scores in the Very Good range typically qualify for lenders' better interest rates and product offers.

HOW TO IMPROVE YOUR 740 CREDIT SCORE?

A CIBIL Score of 740 is well above the average credit score, but there's still some room for improvement. A credit score in the Very Good range signifies a proven track record of timely bill payment and good credit management. Late payments and other negative entries on your credit file are rare or nonexistent, and if any appear, they are likely to be at least a few years in the past.
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