OneCard - OneCard Lite

Do you have OneCard?

  • Yes

  • No

  • No, but applied

  • No, but in Waitlist

Results are only viewable after voting.
mikrotik said:
Experian credit score is Bogus. My utilization on my hdfc card was less than 10% but they have listed my card limit incorrectly and showed that I have utilized 68%
Click to expand...

CIBIL shows that I've a loan from PNB. I've disputed it, but nothing happened 🤷‍♂️
 
It will automatically get removed if you escalate it and the bank fails to/ forget to prove your loan.
 
mikrotik said:
Experian credit score is Bogus. My utilization on my hdfc card was less than 10% but they have listed my card limit incorrectly and showed that I have utilized 68%
Click to expand...
problem with HDFC is they don't report your total card limit to CIBIL or other credit agency. Your highest billed amount is considered as your total limit allotted to your card. I think this same problem is with ICICI.

@Samuel next month my utilization will come down as cibil report gets updated on 31 and my billing due date is 8-9 of each month. And then my card limit is not reported properly which cause high utilization issue.

From my experience not missing payment and account history has the highest effect on cibil score other factors do not matter much.

@Dhiraj if you have HDFC card you can try cibil.com simulator to check how your score will affected if you increase limit, cards, loans etc.
 
@Smh i have hdfc and I checked cibil score simulator and it says adding or deleting a card will have no effect on my score. But is this simulator really trustworthy ?
 
kkapoorr said:
I try and use my credit utilization since I earn good points on the Amex card. Ai pay the same day the bill is generated and never missed a payment so no worries on that.

Does using a higher % of total credit lead to lower scores? I'm not really missing any payments right?

Have asked Amex for credit limit increase many times after the lockdown but they have put all such requests on hold for now...
Click to expand...
High utilisation shows high credit hunger. And thus negatively affects CIBIL.
Samuel said:
CIBIL shows that I've a loan from PNB. I've disputed it, but nothing happened 🤷‍♂️
Click to expand...
Same here from another company. CIBIL says they can't do shit.
 
Still getting like 2 mails a day telling me that my card is confirmed and i should do the kyc in app.
 
You must log in or register to reply here.
Back