How to Boost Your Credit Score to 750+ Levels

Your financial picture is incomplete without a credit score. The increasing dependence on credit to finance your needs and wants has given credit score massive importance.

This simple 3-digit number — between 300 and 900 — summarizes your borrowing history, denotes your creditworthiness and tags you as either a safe or a risky borrower.

What is a credit score?

A credit score is a number that represents the credit risk you hold. Your credit score is calculated on the basis of the information available in your credit report that includes your payment history, the length of your credit history and your outstanding debt.

You can easily check your credit score online for free.

How good is your credit score? Check this table to find out:

Credit Score Levels Credit Health What It Means To You
750 and above Great Lower interest rate, quick approval process, and excellent loan terms
700 – 749 Good Good interest rates
650 – 699 Fair Options are limited
600 – 649 Doubtful May get a loan but with higher than the normal interest rate
Below 600 Risky Slim chances of getting a loan


If your credit score is below 750, you need to pull up your socks and work towards getting there. Wondering why it is so important to have a credit score above 750?

So, let’s go through the benefits of having a credit score above 750.

  • Quick loan approvals: A good CIBIL score indicates your positive creditworthiness, which means faster loan approvals.
  • Credit on low-interest rate: The higher the credit score, the better are your chances of getting a low-interest rate and also discount offers on interest.
  • Low credit risk: A healthy credit score means you have a low-risk profile. Banks and NBFCs love that and are ready to offer preferential pricing to you.
  • Credit card benefits: A high credit score reflects your ability to manage finance responsibly and hence it attracts credit cards with higher credit limits and multiple rewards and benefits.
  • A higher personal line of credit limit: A high credit score will not only help you get a lower rate of interest and higher credit limits on loans and credit cards but also on a personal line of credit.

Thus, a credit score of 750+ is essential to enjoy benefits that go beyond loans and credit cards.

How to Boost Your Credit Score to 750+ Levels

Hitting the big 750 is like training yourself to be healthy and fit. It doesn’t happen overnight. It takes a lot of time, effort, perseverance, sacrifice and discipline.

But once you achieve it, you are open to a lot of benefits. However, sustaining it could be a challenge. You have to be responsible and continuously manage your finances.

One wrong move can easily bring down your credit score by 100 points.

Not yet achieved a credit score of 750+? Here’s what you need to do.

1. Take Charge of Your Payment History

The best way to gallop towards a 750 credit score is to manage your payment history. Because this move will have the highest impact on pushing your score towards 750.

If you are grappling with past delinquent payments, missed or late payments which have adversely impacted your credit score, they may not go away easily.

But with your persistent efforts, while you are on the path to achieving a credit score of 750, they won’t be there to haunt you forever.

  • Stay current with your payments.
  • Set reminders to keep track of the bill payments dates. Use apps or go the old-fashioned way and jot them down on a paper calendar.

2. Reduce the Total Outstanding Debt

If you have large amounts of multiple debts you’ll find it difficult to inch closer to the attractive 750 figure. So, your next move should be reducing your total outstanding debt.

  • Make a list of all your accounts.
  • Find out how much you owe each month and the interest rate applied on each of these accounts.
  • Stop using your credit cards.
  • Come up with a repayment plan to pay off the accounts that are not in good standing.
  • Target paying off highest interest, most recent debt first.

3. Don’t Close but Maintain Accounts That Are in Good Standing

Closing down accounts may appear as an excellent move towards better debt management. But it’s a hype; don’t fall for it.

The age of the accounts is one of the factors contributing to your credit score. That means, if you have a well-maintained open account, it will take you a step closer to a 750+ credit score.

However, if you close several accounts, which are in good standing without considering their age, you may end up reducing your credit score.

4. Improve Your Credit Portfolio

A good credit mix ensures a good credit score. There are two types of loans: Secured and Unsecured.

To push your credit score to 750+, you should ensure that you have a balanced mix of unsecured loans like personal loans and secured loans like home loans.

The right mix of secured and unsecured loans will bring you closer to 750+ credit score.

Also Read: How to Get Home Loan in India Complete Guide

5. Don’t Make Too Many Loan or Credit Card Inquiries

It may appear as an innocent credit inquiry, but too many of those can ruin your credit score. These inquiries get registered with the credit bureau and reflect in your credit report whenever a lender pulls it up.

Too many loan inquiries portray you in a bad light as lenders get the impression that you have difficulty in managing your finances, thus making them doubt your capability to repay the borrowed loan.

So, unless it’s absolutely essential, don’t make too many credit card or loan inquiries.

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