May 6, 2026 · 8 mins read
As a digital creator or influencer, you might definitely have millions of followers, helping you earn millions. However, your loan application may still get rejected when seeking a loan to purchase a car or a house. Sounds strange, doesn’t it? Even though lenders consider your earnings to gauge your repayment capacity, they are highly interested in your credit score, which represents how reliable or risky it may be to lend you money.
Today’s digital age is all about the creator economy, with around 2 million+ creators earning well every year. But the story is different when discussing credit scores. Several creators are quite young and have not had the opportunities to create a good credit history. Most of them are self-employed with flexible incomes and are unaware of how the credit business works. This means that, even being the highest earners, some of the influencers and creators are still stuck with low credit scores. This blog helps all the influencers and content creators understand what a credit score is, its importance and tips to boost their CIBIL score for better credit opportunities. Also, learn how you can build your credit score with an FD-backed low CIBIL score credit card offered by ZET.
A credit score is a 3-digit number, indicating the reliability of the borrower to repay the loan amount. Basically, this three-digit number falls between 300 and 850. The higher your credit score is, the more chances you have to get approval for a loan, credit card, lease or mortgage.
As a fresher in the digital creator industry, you might end up assuming that more money eventually means better creditworthiness. However, this is not true. Your income does not define your credit score. A general credit score is provided by certain licensed bureaus, such as Experian or Equifax; however, a CIBIL score is a type of credit score issued only by TransUnion CIBIL in India, ranging from 300-900. The credit bureaus only consider the amount of money you have borrowed and whether you can pay it back. A credit score is usually based on certain vital factors given below:
Whether you’re planning a month-long international trip or purchasing a dream car, you may eventually fall short on savings at times. In such situations, credit scores are a big deal to help you cover expenses easily. Moreover, over time, a good credit score eventually saves you a good amount on interest rates for houses, cars, and other loans. Eventually, you can also consider it a cheat code to save money on major purchases.
For instance, if anyone plans to purchase a flat, an individual holding a credit score of 620 will eventually end up paying more interest on any loan as compared to an individual with a score of 760 or above. The same applies to insurance premiums, car loans, and apartments. By holding a good CIBIL score, you boost your chances of getting better deals, as it signals you as a creditworthy borrower. On the other hand, a low credit score indicates you are a risky borrower, even if you can easily make the repayments. Hence, a solid CIBIL score creates a pathway for long-term financial success. Moreover, you must also fulfil eligibility for credit card and other credit options, if you want hassle-free approval.
Even if you have a low credit score as a self-employed creator or influencer, worry not. Here are some simple and effective tips to manage your credit score.
Ensure to not miss out on your repayments for any outstanding loan. If you are a creator willing to enhance your credit score, be punctual with your monthly instalments. Remember that delayed EMI payments eventually affect your CIBIL score, and you end up paying penalties for the same. As a solution, you can either set a reminder to make payments on time or set autopay on your bills, including medical bills, car payments, rent, and utilities, if payments are made via credit card.
Your credit report alone doesn’t indicate a low credit score or a poor credit history. At times, this report may have some errors. There are chances that you may have made the loan payment in full, but your credit report indicates it as outstanding. Check for any suspicious or fraudulent activities on your CIBIL report and get it rectified as soon as possible by reporting it to the credit bureaus for a better credit score.
By utilising your credit limit to the max, you bring down your credit score. Hence, make sure to limit usage of the credit card to less than 30% each month. With a better focus on credit utilisation, you can achieve the desired CIBIL score and also get approval for credit opportunities when needed. In addition, remember to avail a higher credit limit on your credit card if the lender or bank offers. The idea here is to get a higher credit limit along with maintaining a low utilisation ratio for a better credit score.
Before approving your loans, lenders may perform a hard inquiry. It includes an in-depth review of your credit report by the lenders when you apply for new credit, such as a loan or credit card, to monitor your creditworthiness. Hence, ensure to repay all your present loans beforehand. By borrowing multiple loans at a single time, you may be identified as ‘credit hungry’, which also affects your credit score negatively. It is advised to prefer a single loan at a time, repay it on time and then prefer a fresh loan with a better credit score.
Apart from the credit card tips given above, ZET bring to you a unique and simplified solution to build your credit score. This platform offers an FD-backed credit card to help you build and maintain your credit score above 750.
With ZET, you do not need any existing credit history or fulfil strict eligibility for a credit card, and it also covers the gap by offering a reliable, safe way for you to i build your score. You can link it with any UPI app and also earn up to 7% interest p.a on their FD with SBM Bank. You also get 90% of your fixed deposit amount as the credit limit. Just open a fixed deposit with the Indian Overseas Bank (IOB), SBM Bank or DCB Bank, and you’re all set to go.
Whether you are someone who has no credit or a low credit score, you can begin improving yours with the ultimate ZET FD Credit Card. Along with implementing the credit score tips given above, switch to this lifetime free credit card to boost your credit score, along with multiple benefits and rewards.
A good credit score is the key towards better credit opportunities. Moreover, a good credit score also helps people with good incomes save a good amount on loans by paying a lower rate of interest as compared to those with poor credit scores.
One of the simplest and easiest ways to build credit scores is by getting a secured credit card, such as the ZET FD-backed credit card online. It is an ideal solution for first-time users to build a good credit history while enjoying the benefits of a credit card in their regular lives.
Even though a credit score is not an essential factor for secured loans, it is highly important for other unsecured credit options. It helps you get better interest rates on personal loans and easier approval.
Build and Maintain a 750+ Credit Score
