A Credit Score is a three-digit number that is calculated using the items on your credit report, which represents your creditworthiness as an individual. It indicates your likelihood to repay borrowed money responsibly.

Credit Scores are generated by credit bureaus and range between 300 and 900. The higher the score, the more favourable and trustworthy you are to lenders.

Credit bureaus are agencies that collect and maintain credit information on individuals and businesses. They compile credit reports and calculate Credit Scores based on this information.

Credit scores are generated by these credit bureaus such as CIBIL, Equifax, Experian, and TransUnion, as well as by scoring models developed by companies like FICO and VantageScore.

Generally, a score above 700 is considered good and indicate a strong credit profile, whereas a score below 300 is a really poor or bad score.

Credit scores depend on various factors including payment history, amounts owed, length of credit history, new credit, and types of credit used.

Credit Scores are typically calculated using information from credit reports, considering factors like payment history, credit utilization, length of credit history, types of credit accounts, and recent credit inquiries.

It's advisable to check your Credit Score at least two times a year to monitor for any inaccuracies or signs of identity theft. Some individuals may choose to check it more frequently, especially when applying for loans or credit cards.

When you check your Credit Score with a soft inquiry, it won't impact your score. On the other hand, if lenders or creditors conduct a hard inquiry for a credit application, it might cause a slight dip in your score.

Negative information such as late payments, bankruptcies, or foreclosures typically remains on your credit report for 7 to 10 years, depending on the type of negative entry. This information can have a significant impact on your Credit Score and financial credibility during that time.

Yes, you can improve your Credit Score by using the right strategies. Making timely payments, keeping credit card balances low, maintaining a mix of credit accounts etc. are some of these ways.

The timeline for improving your Credit Score varies depending on several factors, including your current credit status, the steps you take to enhance it, and how lenders report information. Typically, you can expect noticeable improvements within a few months to a year by maintaining positive credit habits and seeking guidance from financial experts.