Search results for query: over leverage

i IF i have 7 active cards,can I apply AU cards?

yep. They do.

It's the problem of SBI, not Apollo. Another wild guess - wait for sometime, maybe after 1-2 years, HDFC will launch the same card (reverse of what they did with Tata Neu).

Chill as you got the card no need to worry about over-leverage anymore. Yes, the total limit across all card accounts. Like Axis, they report separately so I have 2.1L but in cibil it will reflect 6.3L(3 Axis cards). ICICI Gemstone Series cards one account and Apay separately. IDFC also...

I have CELESTA CC. My friend has only two credit cards from HDFC and ICICI. Mas 1% utilization.

How to apply this SBI infinity cc? Another q, i have 7 cc of ICICI with 7L limit all combined. But in cibil the limit of each cc shows separetly, if i close 4 cc of ICICI, can I reduce my limit by 28L to resolve over-leverage issue?

I have Cibil 779 and total limit of 9 cards is 13.5 L my annual income is 6 L am I over leverage for sbi card should I apply or not ??

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

sbi,au etc looks at no of cards. Btw do you had any sbi card at the time of applying cashback card(when it got approved)?

Over leverage is altogether different scenario..Not maintaining credit utilization ratio properly ( keeps fluctuating every month) Your profile definds your credit hungry person Debt trap looming around (paying near the due date time - every time) Frequently applying for limit enhancement...

saw somewhere that following are causing rejections: 1) Holding Federal bank celesta CC 2) Over leverage 3) Rejected once in the last 3-6 months.

For over leverage will it count seperate card limit of same bank?

anyone got hsbc card after holding 10-15 cc already? or is it directly rejected like sbi says over leveraged

Do Check Out SBI Cashback via Sprint (If and only if you are not over leveraged). Just make sure the details entered are exactly matched with the previous applications. If all satisfied then its a instant card. Over usage u can request for fee waiver, anyways its almost equivalent to ltf card...

I have only 1 card from SBI and now I'm over-leveraged for them 😭

But, why should we wait for 1 year? Hdfc TNI is still available for applying in the hdfc portal, right?

hehe, I was the one who made this thread https://www.technofino.in/community/threads/anyone-got-sbi-cashback-credit-card-over-leverage-issue-fixed-lets-close-cards.37331/ and The first pic posted in that thread was posted by me only via some SBI Card guy sitting in a branch. @kuchbhi is using...

They are rejecting mine saying you already have an sbi card. How many SBI card you hold prior to cb card ?

Well try for cc after closing that loan. As on now you are over leverage. If bank says you are over leverage it says this after calculating your all expenses loans cards cc etc.

...me Simplyclick instead of simplysave as I had a pre-approved offer, but they said it isn't possible. Wanted Simplyclick for SBI online offers as cashback doesn't work for that. My Simplyclick application got rejected because my profile was considered over leveraged according to their nodal...