WordsNew to credit
NTC
Shorthand for new to credit: someone who hasn’t had a credit card or a loan yet, so the credit bureaus have no history on them. A history starts with the first card or loan, once the lender reports it, and Experian gives having no credit yet as one of the two usual reasons it has no score for someone.
Everyone starts here. Banks report each card and loan to all four credit bureaus, so the first one starts a history at each of them.
Where this comes from
- Experian India, Frequently Asked QuestionsWhy don't I have an Experian Credit Score? and How is a credit history established?
- RBI, Credit Information Reporting Directions, 2025Paragraph 10(1), as updated 1 July 2026
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Thin file
Little or no credit history
A credit report with very little in it, usually because your first card or loan is recent.
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Your credit score, as people say it
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The bank holds a fixed deposit of yours and gives you a limit against it. A common first card when a bank has nothing else to go on.
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Money kept with a bank for a fixed time. A secured card is issued against one, with a limit that's a share of it.
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What happened to members, not financial advice. Offers change, so check with the bank. Terms of use