Unlock Financial Freedom: How On-Time EMI Payments Transform Your Credit Score

• Consistent on-time EMI payments build a strong credit history, reported to bureaus like CIBIL, Experian, and Equifax.
• One missed EMI (over 30 days late) can severely damage your credit score, often more than a single on-time payment benefits it.
• Lenders prioritize predictability; regular payments demonstrate responsible financial planning and debt management.
• A strong credit score leads to easier approval for larger loans and significantly lower interest rates, saving substantial money.
• Automate EMI payments and maintain account buffers to prevent missed payments or bounces, safeguarding your credit.