@@adarshvernekar1748 no it doesn't affect as the cibil, i use the same method to keep my credit utilisation under 30%.. ua-cam.com/users/shortssG1CRR7C86A?feature=share
@@okkhizar2733 heyy, bad this question, if my credit card limit is 20k and i want to purchase something of 40k so can I send 20k to credit card so then overall I can spend 40k. Is that possible?
Best video I've ever seen on credit score. Your effort on research & calculate exact number which contribute the credit score is admirable. Thank you so much didi.
Mera CIBIL 792 hai mujhe fir v koi v bank credit card nhi de rhi kyu aise age 26. Year hai 1.5 year old credit history hai all payment on time kru hai koi default koi late koi kush wrong nhi hai @@bekifaayati
Views ke 3% likes bhi nhi jo log videos dekh kar apni problems ke solutions pate hai unko videos ko like karke comments karke video banane vale ki sarahna karni chahiye Bahut achha video .
Hello - is it AVERAGE length of credit history or the length of the oldest credit line? If it is average, how is it computed? Simply add up number of months and divide?
My cibil report shows derogatory mark (different addr for different credit account) How to correct it But same credit account in other reports does not show this one
If I have got a new credit card but after using it a couple of months I dont want to continue it and can I close the newly issued card as it is of no use and I just use my old cards itself. .Does closing a new credit card also affect Cibil score?
I have a question about Credit Utilisation Ratio, how's it calculated? Like for example if I have 3 Credit Cards with 50k limit on each, so the 30% is calculated from the total limit i.e. 150k? Or is it calculated per card i.e. 50k? 🤔🤔
@beekifaayati hello mam can you please tell us , which one of these impacts more on credit score or helps us to get more effective score if we do repayment before statement generation or after statement generation !? Please answer Mam. Thank you . I love your videos Mam 🎉. Keep Teaching us like these .
Credit score is not something used in all countries though. In France, they determine if you are eligible to get a loan (e.g., to buy a house) based on the ratio between your salary, your expenses and your savings. Basically, if every month you 'burn' all your money, you're perceived as riskier than someone earning less but consistently making deposits to a saving account. I feel in the US people tend to buy things they don't need with money they dont have... The only times I feel one should need a credit is when buying 'big' things (house, car, etc.). Not for a TV. I'm 42 with over 792 credit score, time was put into that to build it up with the help of
My credit score is not increasing. It always remains between 770 to 785. Although I have been using credit cards for the last 3 years. All the payments were made timely. Never utilise more than 10%. I have noticed that if I used 2% of the limit last month and 3% present month then the score decreases by saying that the utilisation is increased by 1%. Why does this happen?
@@Kdasoriginal the more credit cards you have, the less it will be the burden on a single credit card . So instead of spending 10k on a single card, you can spend it by using 2 or 3 cards I. Tital. It really helps and always keeps the utilisation eatuo as low as possible ... 2. After 1 or 2 years of having a credit card, start looking for credit limit increase on your card .. this way, even if you have less cards, since you have very big limit, your spends will still amount for very less percentile of the utilisation ratio. These 2 are the best and most under rated ways
Credti utilization pe ek issue hai. Agar hum apne credit utlization bill generation date se 2-3 din pehle hi 9 percent le jaaein, toh kya credit utilization 9 percent hi dikhegi ya usse jyada. Banks report to cibil on which exact date? Is it just before the bill generation date or can be any date?
Mera account ICICI bank me hai, maine koi loan yah credit card abhi Tak nahi liya, cibil score check karne ka 440 rupya lag raha hai, kya karen ? Kya pehli Baar check karne ka Paisa lagta hai please bataiye, credit card apply hoga ya nahi
Being such a informative channel and over a million subcsribers i dont find any reason behind so low views. I have subscribed your channel and even clicked the Bell icon, still i haven't received any notification.
Hello... I have a question... Which app provide correct score... In one score i have 793 score, in your piramal it is 726... All the application varies alot... Which one is correct?
I tried all these for last month but still my cibil score remained 769 just increase of 10 points. Kindly suggest how to increase the score to above 850. Because I will need a home loan in next two years and I want lowest possible rate. I never missed any payment and previously I was using 25% of credit limit but now I reduced it to 10-12%
Mujhe loan ke bahut offer milte h.. Jbki mera koi bhi registered dukan ghar Firm business nhi h.. Rent pe rahta hu.. Only Aadhaar Pan par loan offer approve ho jata h??? Cobil score 757
Suppose i have a limit of 70k and i used around 30-40k and then pay the bill within 2-3 days . And again i get a limit upto 70k . after that i again use it for like another 30k-40k. Is it good or bad for the CIBIL Score.
CRYPTO RECOVERY/ INVESTMENT They deserve everything that coming to them. What they do to innocent people is awful. Thank you so much for what you do. It clearly is getting to them and love to see it. You guys are doing the real work here! This happened to my 97 year old grandmother and luckily we caught it just in time, thanks to these recovery!! THANK YOU MYSTERYPLANETORG ON THE INTERNET!!!!
Loved the video! Just one question, in the video you said that utilizing 1-9% of credit card limit gives the best points. Then why is it recommended to not use more than 30% instead of 9% limit?
If you see in the formula, you get maximum points for using between 1-9%. 30% is the maximum cap for using your Credit Limit, after that you start losing points pretty quickly. Between 9%-30% the impact on your Score is very low
I have hdfc credif card and it has limiti of only25 now i am getting axis bank credit crd which are offering 1 l limit i want to close hdfc credit card will it affect my cibil ? If i pay all the overdue?
Great Video. Just one question. The CIBIL i got from the link you provided is 140 less than what CRED calculated from me, whic is backed by Xperian. Why such a huge difference?
Credit Agencies uses different formulas for calculating your Credit Score, it's difficult to pin point the exact reason. The good news is that Banks consider both Experian and CIBIL for their assessment
Yes, Flipkart pay later service impact on cibil score. This condition depends on two factors. If you repay your due amount on time it will not affect any bad Impact on your CIBIL score. If you failed to pay your lone / due amount on time this will reflect on your CIBIL score and it will decrease.
Because there are multiple companies which hold and manage credit score data like CIBIL, Experian, CRIF, Equifax, etc. CIBIL being the most popular and mostly financial institutions trust it and follow it's record in making the final decision.
I have two open loans, citi bank and mobikwik..should I settle both of them(which would save me some(30k) or pay that extra money and get it closed? would settling be really that bad for any future loan? PLS TELL what to do?
Ma'am, I use credit card only when there is money in my account. I pay the amount via credit card and then just after the payment I pay the credit card bill via cred. Does this smount spent come under utilisation? For example my limit is 10k n I spent 3k via credit card and pay 3k via cred at that moment only. Do it come under credit utilisation? Will my credit score increase?
can u help me if someone dont have any credit score then how to startup and if i can finance some product so exactly kitne price ka product lena chieye
Madam Mera credit score 752 h but M jab bhi loan apply krta hu credit card ya phir personal loan ke liye Mera loan reject ho jaata h btaoge aakhir kyu😢
Mine got deducted 90 points for no reason. Now from 800 points to 710 😢😥 , for further enquiry I learnt a lesson never check credit scores frequently. Do once in a month.
I've a Card from HDFC Bank where limit is 5.22 Lac but in CIBIL it's showing only 1.22 Lac. Now since I've used 60k out of that card so my credit utilization is showing more than 30% which is ideally incorrect. I've raised this with HDFC Bank and CIBIL but they are unable to resolve the query. Please suggest solution.
Just spend total limit only a month, they will report that spend to cibil, one's limit used reported to cibil, its permanent, next month use whatever you want
Hello I have a credit score of 720+ and i want to increase it to 800 approx and my payment history is totally clean and even my credit utilisation is max 8% as an average from last 1 year can you please suggest some ways for me?
CRYPTO RECOVERY/ INVESTMENT They deserve everything that coming to them. What they do to innocent people is awful. Thank you so much for what you do. It clearly is getting to them and love to see it. You guys are doing the real work here! This happened to my 97 year old grandmother and luckily we caught it just in time, thanks to these recovery!! THANK YOU MYSTERYPLANETORG ON THE INTERNET!!!!
What to do if one's credit score is already low and when tried applying for credit cards, saying not eligible. I such cases how to increase credit score.
My credit score is at 600 & not improving at all for few months now. I don't use credit card, no loan etc.. just simple salary account. How can I improve it for xpress credit loan?? I have cleared/closed my previous pending loan almost a year ago. Please help...
Like who are obsessed with CIBIL score
Bro if we use more than 30 percentage credit then repay before statement generation do it affect the cibil score by the way how much do you use credit
@@adarshvernekar1748 no it doesn't affect as the cibil, i use the same method to keep my credit utilisation under 30%..
ua-cam.com/users/shortssG1CRR7C86A?feature=share
@@okkhizar2733 heyy, bad this question, if my credit card limit is 20k and i want to purchase something of 40k so can I send 20k to credit card so then overall I can spend 40k. Is that possible?
Had*
@@rouendsouza490 yes it's possible buy enabling over limit facility, but it has charges so not a good idea
Best video I've ever seen on credit score. Your effort on research & calculate exact number which contribute the credit score is admirable. Thank you so much didi.
Welcome 😊🙌
Mera CIBIL 792 hai mujhe fir v koi v bank credit card nhi de rhi kyu aise age 26. Year hai 1.5 year old credit history hai all payment on time kru hai koi default koi late koi kush wrong nhi hai @@bekifaayati
Views ke 3% likes bhi nhi
jo log videos dekh kar apni problems ke solutions pate hai unko videos ko like karke comments karke video banane vale ki sarahna karni chahiye
Bahut achha video .
Hello - is it AVERAGE length of credit history or the length of the oldest credit line? If it is average, how is it computed? Simply add up number of months and divide?
Love u Sister, your analysis is very nice and understandable. my problem is almost solve. God bless u.
763 my Score Thank you Mam because of Just ✔️ checked and Got results
Love you❤
I follow your channel
Please make a video on four types of credit scores, and how they are caluclated, why is one score higher and other is very low ?
Sure, we'll try to cover this in our future video on Credit Score
continuously helped me like you have. I thank God for your presence in my life. Thanks a lot!!!
My cibil report shows derogatory mark (different addr for different credit account)
How to correct it
But same credit account in other reports does not show this one
Update the address in your Bank
If I have got a new credit card but after using it a couple of months I dont want to continue it and can I close the newly issued card as it is of no use and I just use my old cards itself. .Does closing a new credit card also affect Cibil score?
Usage limit should be upto 30% of the total credit limit (Sum of all CC) or 30% of each individual Credit card?
Sum. But once in yr u can cross 30% individual card
I am very much obsessed for my credit score... please make a video on CIBIL aap...
Thank you for the information.. Excellent
I have a question about Credit Utilisation Ratio, how's it calculated? Like for example if I have 3 Credit Cards with 50k limit on each, so the 30% is calculated from the total limit i.e. 150k? Or is it calculated per card i.e. 50k? 🤔🤔
So if u have 3 cards of each 50k available it means u have 1.5 lac limit total and u can use 50k from any of your card. Dnt worry.
Very nice explanation..u clarified all my doubts
@beekifaayati hello mam can you please tell us , which one of these impacts more on credit score or helps us to get more effective score if we do repayment before statement generation or after statement generation !? Please answer Mam. Thank you . I love your videos Mam 🎉. Keep Teaching us like these .
Credit score is not something used in all countries though. In
France, they determine if you are eligible to get a loan (e.g., to buy
a house) based on the ratio between your salary, your expenses
and your savings. Basically, if every month you 'burn' all your
money, you're perceived as riskier than someone earning less but
consistently making deposits to a saving account. I feel in the US
people tend to buy things they don't need with money they dont
have... The only times I feel one should need a credit is when
buying 'big' things (house, car, etc.). Not for a TV. I'm 42 with over
792 credit score, time was put into that to build it up with the help of
GLOBALFIXPRO
. Net they are the best
My credit score is not increasing. It always remains between 770 to 785. Although I have been using credit cards for the last 3 years. All the payments were made timely. Never utilise more than 10%. I have noticed that if I used 2% of the limit last month and 3% present month then the score decreases by saying that the utilisation is increased by 1%. Why does this happen?
It's not increasing because
1) Your Credit History needs to be > 5 years
2) You need to diversify your Credit
@@bekifaayatihow to diversify credit ?
@@Kdasoriginalby taking personal loan or pay later services
@@Kdasoriginal the more credit cards you have, the less it will be the burden on a single credit card . So instead of spending 10k on a single card, you can spend it by using 2 or 3 cards I. Tital. It really helps and always keeps the utilisation eatuo as low as possible ...
2. After 1 or 2 years of having a credit card, start looking for credit limit increase on your card .. this way, even if you have less cards, since you have very big limit, your spends will still amount for very less percentile of the utilisation ratio.
These 2 are the best and most under rated ways
Credti utilization pe ek issue hai. Agar hum apne credit utlization bill generation date se 2-3 din pehle hi 9 percent le jaaein, toh kya credit utilization 9 percent hi dikhegi ya usse jyada. Banks report to cibil on which exact date? Is it just before the bill generation date or can be any date?
9 percent hi dikhega...
thank you didi for providing this indormation.
Mera account ICICI bank me hai, maine koi loan yah credit card abhi Tak nahi liya, cibil score check karne ka 440 rupya lag raha hai, kya karen ? Kya pehli Baar check karne ka Paisa lagta hai please bataiye,
credit card apply hoga ya nahi
Being such a informative channel and over a million subcsribers i dont find any reason behind so low views.
I have subscribed your channel and even clicked the Bell icon, still i haven't received any notification.
Hello... I have a question... Which app provide correct score... In one score i have 793 score, in your piramal it is 726...
All the application varies alot... Which one is correct?
@Manish Biswas yeah In onecard I'd 719
In piramal it is Showing 687
You don't need to worry about that because Banks consider scores from all the Credit Agencies
Can I check my score of I don't have any loans but use credit card?
Does no cost emis or other emis on sites like Amazon count towards the second factor,, ie loans
Yes it does
Agar koi galat card mere cibil me laga hua ho aur uski vajah se mera cibil kharab hua ho to ye konsa dipartment thik krega aur kitna time lag jayega
I was so obsessed that i bought CIBIL subscription for 1 year
Wah bete yahi subs lene ko mila🤣🤣🤣
@@Real_mutual_fund_guide what do you mean? I don't make videos
@@AshishKumar-in9xz tu cibil nikal.......🤣🤣🤣
Why you took that subscription? What you got? are you checking CIBIL daily? what is benefit? it will increase slowly.
4:30 THANKS FOR TIPS I HAVE 5 CC
Anushka Sharma ki chhoti behen. 😊
I tried all these for last month but still my cibil score remained 769 just increase of 10 points. Kindly suggest how to increase the score to above 850. Because I will need a home loan in next two years and I want lowest possible rate. I never missed any payment and previously I was using 25% of credit limit but now I reduced it to 10-12%
Did you manage to increase your CIBIL score ? I am in the same boat bro.
Hello, can u tell one thing, agar 4-5 cards and loans agar ek saath settlement hota hai to uska impact kya hoga
On cibil
Mujhe loan ke bahut offer milte h.. Jbki mera koi bhi registered dukan ghar Firm business nhi h.. Rent pe rahta hu.. Only Aadhaar Pan par loan offer approve ho jata h???
Cobil score 757
Aapki smile kitni cute hai yaar 😅
Suppose i have a limit of 70k and i used around 30-40k and then pay the bill within 2-3 days . And again i get a limit upto 70k . after that i again use it for like another 30k-40k. Is it good or bad for the CIBIL Score.
CRYPTO RECOVERY/ INVESTMENT
They deserve everything that coming to them. What they do to innocent people is awful. Thank you so much for what you do. It clearly is getting to them and love to see it. You guys are doing the real work here! This happened to my 97 year old grandmother and luckily we caught it just in time, thanks to these recovery!! THANK YOU MYSTERYPLANETORG ON THE INTERNET!!!!
Loan against FD and Credit Card against Fd, which will be more helpful to increase credit score
Swiggy hdfc vs Amazon icici
Please make a comparison on this.
Thank You!
Ma'am cibil score is NH why?
And how can I fix this.
What if you use 60-80% of your credit limit but still clear it in one go after 5-10 days just after you did this spent.
Credit Utilization should be
Personal loan and credit card ek hi type ke credits hai ya alag alag type ke?
It comes under unsecured loan
@@chandru2kc I know both are unsecured credits but I want to know whether both of these are same type of credit or different of credit in credit score
Loved the video! Just one question, in the video you said that utilizing 1-9% of credit card limit gives the best points. Then why is it recommended to not use more than 30% instead of 9% limit?
If you see in the formula, you get maximum points for using between 1-9%. 30% is the maximum cap for using your Credit Limit, after that you start losing points pretty quickly. Between 9%-30% the impact on your Score is very low
@@bekifaayati Did you derive these formulas yourself or had conversation with CIBIL/Experian expert?😅
@@bekifaayati you need to start a video series with answer questions of us. we can ask our questions. it should be on every sunday
And what about pay later loans???
Credit mix consistent secure n unsecured.
Ma'am Plz suggest me..Lic premium me cashback k liye best credit card konsa he?
Lic premium par cashback nhi milta
@@anupampanwar355 thank you
I have hdfc credif card and it has limiti of only25 now i am getting axis bank credit crd which are offering 1 l limit i want to close hdfc credit card will it affect my cibil ? If i pay all the overdue?
0 to 28 days means it will count from the due date or from bill generated date?
I have no credit card how can i check my cibil score?
Go for bnpl
What will be the Credit Score of Vijay Mallya ???
In case of Hard pull in gold loan?
Within 1 month my 2 loan approved by finance.
I close my loan within 1 weak.
So what impact in my cibil?
Thanks for this Gorgeous...
Lekin aap toh beautiful ho😂😂😂
Great Video. Just one question. The CIBIL i got from the link you provided is 140 less than what CRED calculated from me, whic is backed by Xperian. Why such a huge difference?
Credit Agencies uses different formulas for calculating your Credit Score, it's difficult to pin point the exact reason. The good news is that Banks consider both Experian and CIBIL for their assessment
@@bekifaayati Cool, thanks
Mera credit score Bajaj SBI per update Nahin ho raha hai
Is Flipkart Pay Later Deactivation Impact on Credit Score???
Same question please answer
Yes, Flipkart pay later service impact on cibil score. This condition depends on two factors.
If you repay your due amount on time it will not affect any bad Impact on your CIBIL score.
If you failed to pay your lone / due amount on time this will reflect on your CIBIL score and it will decrease.
@@bekifaayati Thanks Mam... Deactivate karte hain yani Pay Later Khatam karte hain usse kya koi Asar Padega.... Sorry for Again..
Yes, decrease cibil
Good 👍 information given thanks 🙏 dd
pura hindi bol lo ya pura english bol lo, mix me k v k v dimag confuse ho jata hai kisi words ko samajhne me 😻
Renewal fee har saal dena padhta hai agar uss limit tak nahi pahucha? Aur agar pay nahi kiya toh?
Haa dena padega, Agar card ka bahut jyada use nhi hai to koi aisa card banwa lo jisme koi annual fee naa ho.
Is credit mix is only about loans not new credit cards
why is the credit score shown in different apps different?
Because there are multiple companies which hold and manage credit score data like CIBIL, Experian, CRIF, Equifax, etc.
CIBIL being the most popular and mostly financial institutions trust it and follow it's record in making the final decision.
We’ll try to cover this in our next video on Credit Score
Dii iam new member on your channel you're best creater
Thank you 😊🙌
I have two open loans, citi bank and mobikwik..should I settle both of them(which would save me some(30k) or pay that extra money and get it closed? would settling be really that bad for any future loan? PLS TELL what to do?
Airtel Axis Bank ke Credit Card se expenditure kar ke timely bill pay karne se Cibil Score Badhega.. abhi mera Cibil -1/Not Generated hai
I m using my credit card for a year but, credit score is near about 100 points increased
What is the benefit of credit score
Ur acting in 'Kabil Singh ' was good
I have 4-5 different credit cards but use only 1-2. Will this decrease my credit score?
No
There are 4 companies which is calculating in India
I am paying everything on time but my credit score is not increasing. Could you tell me what all I should check?
Glad to see this video, thank you
Download one score for cibil score
Ma'am, I use credit card only when there is money in my account. I pay the amount via credit card and then just after the payment I pay the credit card bill via cred.
Does this smount spent come under utilisation?
For example my limit is 10k n I spent 3k via credit card and pay 3k via cred at that moment only. Do it come under credit utilisation? Will my credit score increase?
Didi 30 me Tho credit Score Refresh Bhi Nahi Hota ..
Mam what is your credit score
can u help me if someone dont have any credit score then how to startup and if i can finance some product so exactly kitne price ka product lena chieye
Madam Mera credit score 752 h but M jab bhi loan apply krta hu credit card ya phir personal loan ke liye Mera loan reject ho jaata h btaoge aakhir kyu😢
752 on CIBIL or Experien?
This month i have closed my 5 years old PL, WILL THIS IMPACT MY CIBIL BADLY😮
I m new subscriber......mera score km ho raha pls suggest me good score app mein payment krni h
I am doing all this things but my score not updated what can u do my credit history is 3year + and my utilisation is 6-7%
Credit History need to be > 5 years and try to diversify the types of Credit ( Loans, Postpaid Limits, etc)
Mine got deducted 90 points for no reason. Now from 800 points to 710 😢😥 , for further enquiry I learnt a lesson never check credit scores frequently. Do once in a month.
I had given my PAN number! Only PAN number not photocopy or anything! How can it be misused?
It's like all other videos combined in one video...
I have been using fd credit card since 8 months.now i have closed my credit card . Will it hamper my score
Is there any good alternative for CRED app.... Or is it the best app anyway...?
cred is best app
Video released today :)
@@bekifaayati wow, Thankyou :D
I've a Card from HDFC Bank where limit is 5.22 Lac but in CIBIL it's showing only 1.22 Lac. Now since I've used 60k out of that card so my credit utilization is showing more than 30% which is ideally incorrect. I've raised this with HDFC Bank and CIBIL but they are unable to resolve the query. Please suggest solution.
HDFC always report your highest spend on the card rather than the limit.
@Navneet Gupta
I can solve your query.
HDFC always report only highest spend and no any way to correct it so swift to another cc if want to improve CIBIL
Just spend total limit only a month, they will report that spend to cibil, one's limit used reported to cibil, its permanent, next month use whatever you want
This is a problem with HDFC bank . not your problem . all customers are facing this problem. HDFC intentionally does it.
Hello
I have a credit score of 720+ and i want to increase it to 800 approx and my payment history is totally clean and even my credit utilisation is max 8% as an average from last 1 year can you please suggest some ways for me?
Bro the video is literally about just this!
Takemoreloans
Mera credit score kam ho raha hai iska Sahi kaise karen iski jankari
👌👌👌👌 Fantastic information
Great job 👍
Best investment topic par bhi video bnao
Soon :)
I have an Amazon pay later account my payment got delayed by 2 months the amount was about 1200 rs and it reduced my cibil score from 750 to 649😢
CRYPTO RECOVERY/ INVESTMENT
They deserve everything that coming to them. What they do to innocent people is awful. Thank you so much for what you do. It clearly is getting to them and love to see it. You guys are doing the real work here! This happened to my 97 year old grandmother and luckily we caught it just in time, thanks to these recovery!! THANK YOU MYSTERYPLANETORG ON THE INTERNET!!!!
Mera 777 to 653 only rs 2800😢
will credit update daily?
What to do if one's credit score is already low and when tried applying for credit cards, saying not eligible. I such cases how to increase credit score.
my cibil score 721 last month now it's increased by 44 points now it's 765🙂 next month i hope it will 800+
Me also
My Was 738 now 757
How can you give advice how it is increased plz
How it is increased
@@AligarmuslimuniversityPlease advice how
It is not showing the credit score
Mam aap bahut sundar ho 💖
google pay, amazon pay parhi dekh sakte he humlog score. dusra plateform ki jarurat nehi he
I think this is not about cibil score it's about credit score
Madam ji aapka cibil score kitna hai,
Puchta hai Bharat varsh 😜
My credit score is at 600 & not improving at all for few months now. I don't use credit card, no loan etc.. just simple salary account.
How can I improve it for xpress credit loan??
I have cleared/closed my previous pending loan almost a year ago.
Please help...
Same
SBI Close credit card reactivation kaise kare
Equifax credit report 787 hai toh credit card mil sakta hai
Can you make a video about how to open escrow account in India
Sure, we will try to cover this in our future videos