How Min payment is reported to credit agencies like CIBIL / Experian

[nimod]

How are min payment paid bills are reported to credit agencies?

 

[varun__goel_]

How are min payment paid bills are reported to credit agencies?

No negative impact on credit scores

Just outstanding balance will appear in it, which is not a big concern

 

[bhushan0101]

How are min payment paid bills are reported to credit agencies?

It is just add interest to your outstanding amount no other impact.

 

[SSV]

How are min payment paid bills are reported to credit agencies?

Credit bureau s wise, it increases your %utilisation… and it will have its minor recoverable impact on the score….

Where as ,

From your bank balance perspective it decreases your bank balance amount by multifolds as the interest is mighty hefty!!!