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How to Build a Credit Score from 0 to 750

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Created on
July 26, 2023


What’s Inside

A credit score is a 3-digit number that typically ranges from 0 to 750. It gives lenders and credit facility providers valuable information about your creditworthiness. You may have a zero credit score if you have never availed of any credit facility, or if you have failed to repay what you’ve borrowed thus far.

So, how do you go about building your credit score to 750 from scratch?

Zero to 750: Building Up Your Credit Score

It is important to have a good credit score because lenders and credit card issuers look at this number as a primary indicator of your eligibility. Furthermore, some employers and even landlords may require a credit score check as a part of their assessment procedures. So, having a good credit score can bring in a host of benefits, which is why you need to actively commit to improving your score. 

3 Underrated Ways to Build a Credit Score from Zero to 750

The surest way to build your credit score from zero to 750 is to create a good credit history. The following underrated ways can also help you improve your credit score. 

1. Apply for a Secured Credit Card

A secured credit card is issued against a deposit held with the issuing bank. The credit limit on the card depends on the amount of deposit made. You can apply for this kind of credit card if you are eligible for one, and use the credit card to make purchases and pay your bills. And as you repay your dues promptly each month, you can boost your credit score from zero. 

2. Become an Authorised User

If you do not have any deposit, you can still use a credit card to improve your credit score. This involves becoming an authorised user on another person’s credit card. The person can be your parent, spouse or any other relative with a good credit score. You can use their card and repay the dues on time to build your credit history. Just ensure that the card issuer reports your activity to the credit rating agencies. 

3. Avail of a Secured Loan

A secured loan (like a home loan or a gold loan) allows you to borrow funds against an asset you own. You can make use of this facility to borrow funds for different purposes, and pay the dues as per the lender’s repayment schedule. Regular and consistent EMI repayments will help you build up your credit score to 750 from zero over time. 

Monitor Your Credit Score with Fi Money

When you implement the strategies explained above and diligently repay any loans or EMIs that are due, you can improve your credit score steadily over time. And once your credit score improves, you will find it easier to avail of other credit facilities — such as instant pre-approved loans from Fi Money and the Fi-Federal Credit Card. With consolidated spend insights, you can easily track your spending and make informed financial decisions.

Frequently Asked Questions

1. What are the three underrated methods to establish a credit score from scratch and achieve a score of 750?

To build a credit score of 750 from zero, you can get a secured credit card, be added as an authorised user on your parent’s or spouse’s credit card, or obtain a secured loan. That said, you can only build your credit score from zero to 750 if you pay all your dues on time.

2. Are these underrated ways equally effective for individuals with no prior credit history or those with a limited credit history?

Yes, you can use the measures outlined above to build your credit score if you have no prior credit history, or if your credit history is limited 

3. How long does it typically take to see noticeable improvements in the credit score by implementing these methods?

Credit card issuers and lenders share your repayment details with credit rating agencies every month or every quarter. So, if you adopt the strategies outlined above and consistently repay your dues, you can start to see a difference within a few months. However, it may take longer to go from a zero credit score to 750.

4. Can these underrated strategies also help in building a strong credit profile for future loan and credit card applications?

Yes, lenders and credit card issuers look at your previous repayment history to assess your eligibility. So, you can build a strong credit profile to avail future credit. 

5. Are there any potential risks or pitfalls to be aware of when using these lesser-known techniques to build a credit score?

Simply obtaining a secured credit card or a secured loan is not going to improve your credit score. You need to diligently repay your dues and keep your credit utilisation ratio below 30% to see noticeable improvements.


Fi Money is not a bank; it offers banking services through licensed partners and investment services through epiFi Wealth Pvt. Ltd. and its partners. This post is for information only and is not professional financial advice.
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