🚀 CIBIL Score Flex! Let’s See Yours! 🚀

[SJM]

Just checked my CIBIL score, and it’s looking 🔥809! 🎉💰 Hard work, smart credit usage, and on-time payments are paying off!

Show off yours! Drop a screenshot of your CIBIL score in the comments and let’s celebrate those high numbers together. 📊💪

Who’s got the highest score here? Let’s brag a little! 😎🔥



Leaderboard:
🥇 Gold - @Lordkk 811
🥈 Silver - @HellsFury 810
🥉 Bronze - @SJM 809


Other 800 Club Members:
808 - @realSP, @naveenjoshi
807 - @Prem03, @sanzz
806 - @percolate
805 - @iamdhamo
804 - @TechnoFino, @MilesMinter
803 - @Jatayu
801 - @srinadhjyothi, @great, @MartianManhunter
800 - @iamvk, @Yugi, @SSV, @shu_sha_



P.S. You can check your credit scores for free:

• CIBIL: GPay, Paisabazaar, Cred, OneScore and once a year in CIBIL official site/app.
• CRIF: Cred (some accounts), Airtel Thanks, Mobikwik, MoneyControl and once a year in CRIF official site/app.
• Equifax: Paisabazaar, Tata Nue and once a year in Equifax official site/app.
• Experian: Paisabazaar, One Score, BankBazaar, PhonePe, PayTM and daily in Experian official site/app.

 

[sri_cc]

My Cibil History is 5 years old but my Cibil always up and down between 770 to 779 from last 2 years
I did not see it above 779 ????
What to do ????

just follow this

Thread 'CIBIL Score - A Practical Guide'

Jul 18, 2024

CIBIL Score - A Practical Guide

Discalimer: This is mainly for regular Credt Card users who pay all their dues before due date and wondering why their score is not increasing..
Here we dont discuss the cases where there were defaults and / or delayed payments..that is for another day..​

Ladies and Gentelmen,

Here is the much awaited post on CIBIL Score and how it works and what we should do to improve it over the period of the time..

Here I won't go in detail about how the score is constructed as there were numerous posts on the internet in explaining the CIBIL score...

• SSV
• cibil score
• Replies: 602
• Forum: Informative Threads

• 
• 
• 

 

[sri_cc]

I am at 792 too for a long time. How did it jump 10 points for you in one month, after being 787-792 for a long time?

I closed 2 credit cards within a week of each other, I guess that might have triggered it

 

[CyberPsych]

CRED shows my total credit limit is far more than what actually is. It actually adds individual cards limits (example: I have 3 ICICI cards with shared limit but it considers 3x 2.1L). Can I ignore this? Or is it same in CIBIL also?

 

[sri_cc]

CRED shows my total credit limit is far more than what actually is. It actually adds individual cards limits (example: I have 3 ICICI cards with shared limit but it considers 3x 2.1L). Can I ignore this? Or is it same in CIBIL also?

View attachment 109198

you can check this by looking at the number of accounts reported by ICICI in CIBIL

the 13 cards mentioned here, are they 13 if you count your 3 cards as seperate or if you count your cards as 1?

 

[CyberPsych]

you can check this by looking at the number of accounts reported by ICICI in CIBIL

the 13 cards mentioned here, are they 13 if you count your 3 cards as seperate or if you count your cards as 1?

Yes. It reports each card as an individual account.

 

[hitirfan]

CRED shows my total credit limit is far more than what actually is. It actually adds individual cards limits (example: I have 3 ICICI cards with shared limit but it considers 3x 2.1L). Can I ignore this? Or is it same in CIBIL also?

View attachment 109198

If u have ICICI Coral Visa/MC and Coral Rupay then that will be considered as one, Amazon Pay Card or any other Card will be counted separately.

 

[CyberPsych]

If u have ICICI Coral Visa/MC and Coral Rupay then that will be considered as one, Amazon Pay Card or any other Card will be counted separately.

Yes. Coral and HPCL Super Saver are considered one account. Even the statment also comes combined. I have 3 Axis cards and all three are reported as different account in CIBIL. Same for HDFC

 

[sri_cc]

Yes. It reports each card as an individual account.

then how is CRED counting it to be higher? if they're being reported as seperate accounts to CIBIL by ICICI?

 

[CyberPsych]

then how is CRED counting it to be higher? if they're being reported as seperate accounts to CIBIL by ICICI?

That is what my question is as well. Separate accounts reported means more credit limit

 

[SSV]

That is what my question is as well. Separate accounts reported means more credit limit

ICICI reports like below:
1) all gemstone cards in one single account.
Example: coral visa , mc, Amex ,Rupay sapphiro visa Rupay mc Amex, ruby visa mc Rupay Amex etc .. all in one account
2) emeralde cc one account
3) cobranded cards as a separate single accounts for each card like Apay, mmt etc

This is my understanding

 

[CyberPsych]

ICICI reports like below:
1) all gemstone cards in one single account.
Example: coral visa , mc, Amex ,Rupay sapphiro visa Rupay mc Amex, ruby visa mc Rupay Amex etc .. all in one account
2) emeralde cc one account
3) cobranded cards as a separate single accounts for each cardLike Apay, mmt etc

This is my understanding

It's not ICICI matter. Axis also shows 3 accounts open in CIBIL which is understandable as all the 3 Axis cards are approved in different year. But my question is Axis gives shared limit (1.58L) across all cards but it seems like the report is adding three times 1.58L instead of one time. Is this how it is? Bank sees this as my total credit limit and consider me over leveraged?

 

[SSV]

But my question is Axis gives shared limit (1.58L) across all cards but it seems like the report is adding three times 1.58L instead of one time. Is this how it is? Bank sees this as my total credit limit and consider me over leveraged?

Yes, this is a known problem.. same is the case with HDFC, IDFC etc.. our total CL is inflated unnecessarily thereby adding to the over leverage issue..
Banks have to find a solution to this.. at the moment many of us are over leveraged because of this

 

[sri_cc]

That is what my question is as well. Separate accounts reported means more credit limit

CRED wouldn't know the internal details of ICICI right
if the accounts are being reported as separate then, CRED just reads from CIBIL and assumes by default they're separate accounts and counts them likewise

 

[hitirfan]

CRED wouldn't know the internal details of ICICI right
if the accounts are being reported as separate then, CRED just reads from CIBIL and assumes by default they're separate accounts and counts them likewise

CRED just shows what is there in CIBIL report