New Delhi, Sept. 19 -- Credit score: If you want to borrow money from a lender, one of the first things the lender would do is to check your credit score. For the uninitiated, a credit score is a three-digit number that summarises repayment history, credit mix, credit age, outstanding balances, and recent enquiries.

Despite its importance, over 400 million adults have no credit history at all. That's nearly one in two adults without a financial identity, according to a TransUnion CIBIL 2022 study.

ZET recently released a report, 'State of credit score awareness in India', which states thatloan rejection is often silent and confusion aroundcredit scores means users are being denied without knowing why.

When asked if they had ever been r...