New Delhi, March 30 -- It appears like just any other three-digit number. However, there is a lot of data behind it. Your financial history is what determines your credit score. This includes the manner in which you have repaid loans, the level of credit you have used, and the frequency with which you have borrowed. With the ease of loan availability enabled by technology, it is important to understand what really makes up your credit score.

In an interview with Mint Money, Rohit Patwardhan, the Chief Credit Officer of HDB Financial Services, reveals what really goes on behind the loan application process. This includes the reasons why paying on time is not enough, the impact of not paying the entire EMI, and the impact of applying for t...