New Delhi, May 4 -- Are you struggling with a credit score below 650? Has it made borrowing difficult? Be clear: any credit score below 650 can make borrowing expensive. It can complicate the clearance of personal loans, home loans and other forms of debt. It can also result in complete rejection of your debt application or very high interest rates.

Still, the truth is, your credit score is not a permanent record. It can be improved upon with the right financial habits and hard work. All it will take is time, consistent repayment of ongoing loans and responsible credit practices to bring you back on track. This way, you can steadily rebuild it and improve your creditworthiness.

Keeping these fundamental aspects in mind, let us discuss t...