Early payments make your CIBIL go??
Did you know that even if you pay your credit card bills before time, your loan can be denied. Why so? You would ask.
If you pay the bill ‘before’ it is generated, it will affect your CIBIL score negatively
Because credit card providers typically?report?your credit card activity to the credit bureaus once a month, specifically when your billing statement is generated.
This means that if you pay off your balance too early, the credit bureaus might receive a report showing a low or zero credit utilization ratio.
What exactly is the ‘credit utilization ratio’??- it is the percentage of your available credit that you're using.
So, what's the best strategy? To maximize your credit score, pay your credit card bill after the statement is generated and before the due date.
Stay financially savvy!
Working in SBICARD
10 个月Dear mobikwik team I never get any solution for same I hope you resolve this issue as soon as possible and refund my amount
Working in SBICARD
10 个月Dear Mibikwik this is really horrible experience with your agent ot customer service last Saturday your agent called me to make my emi due amount and they talked rudely so i told him I will pay emi on Monday, but he do not want to understand he force me to give atleast part payment they insist me to make part payment but I was not agree but end of day they said no problem you can make the part payment and on Monday you can make the rest emi payment thdn I did it again on Monday your recovery agent called me multiple time to make the full eni amout he or she does not want to hear I make the part payment so after that I make the full emi amount, so now my question is how your agent. Make fool to customer and how they cheat to customers they totally ruined your reputation I m goin you attach all the screenshot and I request you to. Please take stricy action against him and return my part payment amout Or afjust that amount in to next emi @
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10 个月https://www.dhirubhai.net/feed/update/urn:li:activity:7153040643571822592/