<h1>How to Improve Your Credit Score for Better Loan Eligibility and Lower Interest Rates</h1> Improving a credit score before applying for a personal loan can significantly enhance loan eligibility, secure lower interest rates, and expedite approval processes. Key strategies include consistently paying bills and EMIs on time, reducing credit card balances to maintain utilization below 30%, and regularly checking credit reports to identify and dispute errors. Maintaining older credit accounts and avoiding multiple loan or credit card applications in a short period also support a healthier credit profile. Failure to address credit report inaccuracies or managing payments poorly can negatively impact creditworthiness. These measures collectively strengthen a borrower's financial reliability, increasing access to favorable loan terms.