What's Your Credit 💳 Score ?

[mitchelwize]

Here is CIBIL site check ur free Credit Score mine is not showing try ur luck.
Free CIBIL Score and Report | CIBIL

Cuz you might not have credit card at all and no emi's under name.

 

[Zmint]

Today I Checked my Credit Score : No know why it is not 900/900

 

[Sai Jai]

Mine August 2021 Credit Score is 804 lowering 35 points compare to previous month though I'm paying by on time

 

[Bapun]

Mine August 2021 Credit Score is 804 lowering 35 points compare to previous month though I'm paying by on time

Low credit utilization also reduces the credit score I guess.

 

[Sai Jai]

Low credit utilization also reduces the credit score I guess.

Actually it's EMI payment bro

 

[Msingh]

Low credit utilization also reduces the credit score I guess.

No, high credit utilization impacts the score, specially if you have crossed 50 % of the total available credit of particular financial instrument.

 

[greylala91]

Low credit utilization also reduces the credit score I guess.

Even I observed the same. Having huge limit but not utilizing lowers the score

 

[Bapun]

No, high credit utilization impacts the score, specially if you have crossed 50 % of the total available credit of particular financial instrument.

Yes. High credit utilization has the most impact. But low credit utilization also has a negative impact on the score when you have higher limits but very less spendings. At least that's what most of the people have experienced.

Even I observed the same. Having huge limit but not utilizing lowers the score

Exactly.

 

[Msingh]

Yes. High credit utilization has the most impact. But low credit utilization also has a negative impact on the score when you have higher limits but very less spendings. At least that's what most of the people have experienced.


Exactly.

I normally check my credit score on monthly basis and have two cards with realtively very high credit limit which are not used anymore due to of less offers from them. 100% credit is available for almost 1 year and have not seen any negative trend in my score. But yes, once I made big purchase on Flipkart Axis card which crossed 50% of the card limit made -12 point dent to my score.

But yes, if you're not using one card for entire financial year then some agency may report that negative that credit limit is not used. Problem is that we don't know how these agencies are calculating the scores.

 

[Kmr]

In this month my cibil score is 765
What's yours friends?