New Delhi, Dec. 10 -- A credit score of 817 sits firmly in the excellent range in the nation's credit scoring system. Four major credit bureaus, namely CRIF High Mark, CIBIL, Experian and Equifax, provide credit scores to borrowers.

These credit scores provide lenders with an indication of a borrower's ability to repay. The credit scores provided by these bureaus primarily range between 300 and 900. Now, any score over 750 is considered excellent. That is why a score of 817 can be considered pristine. Here is what borrowers can expect with a credit score of over 800, along with how this score can be utilised effectively.

When a borrower has an exceptional credit score, lenders perceive such borrowers as low-risk borrowers. This generall...