A credit score or a CIBIL score is a crucial factor that determines an individual's creditworthiness. Lenders first check your credit score when you apply for personal loans. When you apply for a personal loan for any expenses or paying off a larger debt, the lender sanctions the loan mainly based on your CIBIL score. Credit score ranges between 300-900, and a score between 300 to 600 is considered low and insufficient to meet the eligibility for a personal loan. However, you can improve your chances of securing low-credit score loans by following certain tips. Source- https://www.saralcredit.com/personal-loans/300-credit-score-loans
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