The content is accurate at the time of publication and is subject to change.

Based on the number of loans taken, a higher credit amount, a default in monthly payments, inability to repay a loan are a few factors that contribute to a lower or a decreased credit score.

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All rates and fees, and other terms and conditions of the products mentioned in this article/post are accurate as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.