anyone with cibil between 850-900?

[ltf4ever]

i am trying to understand what factors might lead to having a cibil as near to 900 as possible.

i have not heard of anyone with such high scores (in my experience i have seen only people with a
around 810 max).


its not as if at entry level (no credit card, no loan) it is 900 and starts decreasing gradually. nor is it that it increases gradually till you retire. me, despite having many credit cards and extremely low utilization and timely payments, i am having the same score as someone with minimum credit cards, a few paid off loans which were always paid on time.

if anyone in this community has the score above 850, please share your insights on how you managed it, or how you planned it.

 

[SSV]

12 years and running. No loans, whatsoever.

Excellent.. Actually except for Home loan, nothing else positively impact much..

In your case, proabably you are having very less number of CCs and less enquiries and 100% of repayment history coupled with 0% utilisation helping the cause..

 

[SSV]

Depth of credit screenshot.

Total accounts in 13 years??

 

[poseidon07]

Total accounts in 13 years??

4 accounts- 1 closed. 3 active. Oldest is 13. Rest are 9 each.

 

[SSV]

4 accounts- 1 closed. 3 active. Oldest is 13. Rest are 9 each.

This is the reason.. for 13 years history with only 4 accounts with impecable repayment history and single digit no of enquiries shows.. you are not at all credit hungry.. this is reflected in the score

 

[poseidon07]

Excellent.. Actually except for Home loan, nothing else positively impact much..

In your case, proabably you are having very less number of CCs and less enquiries and 100% of repayment history coupled with 0% utilisation helping the cause..

You are right. Though my utilisation is around 6%. I have 3 active ccs. Getting Magnus next month.

 

[SSV]

Though my utilisation is around 6%.

if you square off your outstanding balance before bill generation, your score would be 814 at least ..

 

[image]

Cross posting from other thread. I think It belongs here.

Is it a good thing to flaunt

or should I delete it?

Also, it tells everyone how old I am. 🫣

 

[poseidon07]

if you square off your outstanding balance before bill generation, your score would be 814 at least ..

Oh, wow. can you actually calculate it? Would you share the calculation please?

 

[poseidon07]

Cross posting from other thread. I think It belongs here.

Is it a good thing to flaunt

or should I delete it?

Also, it tells everyone how old I am. 🫣

Not at all chief. You’ve got all the bragging rights!

 

[SSV]

Cross posting from other thread. I think It belongs here.

Is it a good thing to flaunt

or should I delete it?

Also, it tells everyone how old I am. 🫣

Excellent profile and the score is ??

 

[SSV]

Oh, wow. can you actually calculate it? Would you share the calculation please?

Here it is:

 

[poseidon07]

Here it is:

Well done! I was just curious about the 814 part. Deduction is easy.

 

[SSV]

Well done! I was just curious about the 814 part. Deduction is easy.

NO formulae mate, just guestimating from the expereince... I have subscription to all 4 bureaus ...

 

[image]

Excellent profile and the score is ??

788.

It was 796 few months ago. Never ever I missed my payment.
2 loans taken in my lifetime. Car loan in 2006 which I foreclosed in 2009. Personal loan in 2008, that also foreclosed. No loans since then except credit cards and amazon pay later types (that also I closed, so no loans as of now).

 

[SSV]

788.

It was 796 few months ago. Never ever I missed my payment.
2 loans taken in my lifetime. Car loan in 2006 which I foreclosed in 2009. Personal loan in 2008, that also foreclosed. No loans since then except credit cards and amazon pay later types (that also I closed, so no loans as of now).

Only place you can improve is:
Pay the CC bill before bill generation,( all CC s) then your score would be around 800..
Basically your bill amount should be 0 or -ve ...
try this and see ..

 

[image]

Only place you can improve is:
Pay the CC bill before bill generation,( all CC s) then your score would be around 800..
Basically your bill amount should be 0 or -ve ...
try this and see ..

Sure. Can do that.
But I never really cared about Cibil. Only recently (last 1-2 years) got curious. No plans to take any loan either but I love CC discounts.

 

[SSV]

Sure. Can do that.
But I never really cared about Cibil. Only recently (last 1-2 years) got curious. No plans to take any loan either but I love CC discounts.

then you don't need to worry.. 788 is also a very good score..
corssing that 800 is just for our mental pleasure...

 

[rohant]

if you square off your outstanding balance before bill generation, your score would be 814 at least ..

wait! Is it really true?

 

[SSV]

wait! Is it really true?

Yes please .. please check my previous posts in other threads...

 

[vaibhav111]

Cross posting from other thread. I think It belongs here.

Is it a good thing to flaunt

or should I delete it?

Also, it tells everyone how old I am. 🫣

that 27-year-old credit history. noice!