CRIF score dropped to 11 from 748

[rahulsethi]

Hello TF Fam, my CRIF score dropped 748 points this month to 11. Upon further exploration got to know 11 is not a score but an exclusion code given to individuals with more than 50 active credit accounts. I have a CIBIL of 796 and other scores are also good to excellent. Now my question is how important will be CRIF for my future credit requirements? Shall I try and close credit cards to reduce the number of credit accounts below 50 to get back my CRIF score or it's fine if I don't have a CRIF score won't impact my credit prospects much?
Many thanks in advance.

 

[techt]

Droped by 11 points or dropped to 11?

 

[Vasuki]

Droped by 11 points or dropped to 11?

T o .

 

[Vasuki]

Hello TF Fam, my CRIF score dropped 748 points this month to 11. Upon further exploration got to know 11 is not a score but an exclusion code given to individuals with more than 50 active credit accounts. I have a CIBIL of 796 and other scores are also good to excellent. Now my question is how important will be CRIF for my future credit requirements? Shall I try and close credit cards to reduce the number of credit accounts below 50 to get back my CRIF score or it's fine if I don't have a CRIF score won't impact mu credit prospects much?
Many thanks in advance.

Badhai ho
Half century kb ho gya

 

[rahulsethi]

Droped by 11 points or dropped to 11?

Dropped by 748 points to 11

 

[rahulsethi]

11 is not a score it's an exclusion code given to individuals with more than 50 credit accounts. So technically I have no CRIF score now. That's why the question, shall I close few credit accounts to get the score back or not having a CRIF score won't have any impact?

 

[rahulsethi]

@TechnoFino You also have more than 50 credit accounts, please shed some light on this thanks

 

[Odugu Narasimha Rao]

Check in Trans union cibil report

 

[Vasuki]

@TechnoFino You also have more than 50 credit accounts, please shed some light on this thanks

Dm him
Else he is not too busy to text to tag 😂

 

[Vasuki]

Check in Trans union cibil report

Any update to your fraud Bhai

 

[rahulsethi]

Check in Trans union cibil report

Cibil is fine it's 796. Question is for CRIF.

 

[rahulsethi]

Badhai ho
Half century kb ho gya

Active credit cards are 48 but have loan accounts and paylater also no, so no of credit accounts > 50 now.

 

[Transpointer]

Active credit cards are 48 but have loan accounts and paylater also no, so no of credit accounts > 50 now.

Get rid of paylater then

 

[Rahul Gupta]

Active credit cards are 48 but have loan accounts and paylater also no, so no of credit accounts > 50 now.

Bhai 48 active cc accounts? Shed some light on this.

 

[Vasuki]

Bhai 48 active cc accounts? Shed some light on this.

😁 Some got interested 😜

In the thread flaunt your credit card he listed his older cc profile u can check
Thread 'How many active credit cards do you have? Flash your portfolio.' https://www.technofino.in/community...cards-do-you-have-flash-your-portfolio.16989/

 

[Strange]

Hello TF Fam, my CRIF score dropped 748 points this month to 11. Upon further exploration got to know 11 is not a score but an exclusion code given to individuals with more than 50 active credit accounts. I have a CIBIL of 796 and other scores are also good to excellent. Now my question is how important will be CRIF for my future credit requirements? Shall I try and close credit cards to reduce the number of credit accounts below 50 to get back my CRIF score or it's fine if I don't have a CRIF score won't impact my credit prospects much?
Many thanks in advance.

RBI should ban this scam credit bureau immediately.

 

[P B R G]

I am pretty sure CRIF Score is irrelevant. I got my first few CCs at <650 CRIF Score. My wife is getting pre-approved CC offers at 300 CRIF Score (with multiple late payment and overdue accounts which are wrongly reported from their side).

 

[TechnoFino]

@TechnoFino You also have more than 50 credit accounts, please shed some light on this thanks

Ignore it… The only score that matters is CIBIL… As simple as that…