Credit Score Keeps Going Down but Why?

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  • Опубликовано: 16 окт 2024
  • Ever wondered why your credit score is going down mint by month? Watch this short and maybe you will get some insight today.

Комментарии • 99

  • @yogeshmhasagar6709
    @yogeshmhasagar6709 4 месяца назад +12

    Credit utilization should be removed by RBI. If some one uses credit card for all his transactions and pays back on due date, why the hell it should impact the credit score. Doesn't make any logic

  • @amitabhmaheshwari
    @amitabhmaheshwari 10 месяцев назад +29

    My Standard chartered EMT card limit was increased from 6L to 9L.

    • @SELFHELPAH
      @SELFHELPAH 10 месяцев назад

      Card age?

    • @Ganeshan724
      @Ganeshan724 10 месяцев назад

      Card kab liya tha aapne?sir

    • @ripmc5996
      @ripmc5996 5 месяцев назад

      Apki monthly income kya ha

  • @parthasarathiroychoudhury3385
    @parthasarathiroychoudhury3385 10 месяцев назад +4

    If I use credit cards and pay immediately on same day (without waiting for statement generation), will it impact my credit utilisation or impact my score by any other means?

    • @amitkishor9229
      @amitkishor9229 10 месяцев назад +1

      Why you people are so worried....you can bill 5 days before due date...but remember spend only below 30% of the limit.
      If your limit is 75000 then only spend below 22000.

    • @mukulsoni576
      @mukulsoni576 9 месяцев назад

      ​@@amitkishor9229 are uski bat to smjho yhan bat ho rhi ki agar 70% utilise krke bill generation date se phle pay krke 30% kr de jisse bill pr whi dikhe to kya phir bhi utilisation pr empact hoga

    • @amitkishor9229
      @amitkishor9229 9 месяцев назад

      @@mukulsoni576 iska answer mujhe pta nhi I have never taken this kind of risk ..... tumhe pta hai kya? Impact hoga?

  • @Only__Mr_Shaw
    @Only__Mr_Shaw 10 месяцев назад +5

    Ma'am credit limit nhi increase ho rah hai , but new card ,mera approve ho ja rah hai .. aabhi hmm sare card mai aapna expenses divide kar diya . Mai ne sahi kiya na !?

  • @notcool6260
    @notcool6260 10 месяцев назад +2

    What if I get 2 credit card for 2 different bank and use 1 credit card to spend and another to pay 1st due and vise versa

    • @mandardixit2154
      @mandardixit2154 10 месяцев назад +1

      If you are OK to pay extra Charges then no issues.

  • @rockstarrrize
    @rockstarrrize 9 месяцев назад

    If I was a defaulter in the past but have cleared my dues 6 months later, how can I increase my credit limit, could you help Madam?

  • @VISHALKUMAR-hp7fc
    @VISHALKUMAR-hp7fc 4 месяца назад

    Agar salary 2.5x increase ho chuka hai to Reason kya raha credit limit increases na hone ka ?????

  • @adityasinghrajput8886
    @adityasinghrajput8886 10 месяцев назад

    Is it good to get two cards with shared limit or should we use only one card with the highest limit

  • @nowtranscript3429
    @nowtranscript3429 10 месяцев назад +1

    keep making videos on this topic

  • @abhaykumar-fg7zb
    @abhaykumar-fg7zb 10 месяцев назад

    If I increase my credit limit do I have to pay more in annual charges??

  • @gautamdevashish
    @gautamdevashish 5 месяцев назад

    SBI and YES BANK ne Credit Limit kam kar di hai kyunki log Credit Utilize nahi kar rahe hain. The 30% CUR seems to be ineffective now.

    • @SunilSoni-sn1ed
      @SunilSoni-sn1ed 5 месяцев назад

      Mujhe Hdfc valo ne ye bola ki card se aap lagatar rent payment karte ho to apka track rent payment vala ban jata he to apki credit limit jaldi se nhi badhegi....jese mere pass tata neu hdfc card he matlb tata or hdfc dono ne mil kar card diya...ab tata se to me 1 rs ka kuch bhi nhi le raha to hdfc meri limit ku badhega kharcha vo bhi tata neu app se me kar hi nhi raha to vo badhage nhi

  • @majibullah784
    @majibullah784 10 месяцев назад

    I have hdfc business regalia credit card International shopping charge batayen please

  • @Sniperxx2267
    @Sniperxx2267 4 месяца назад +17

    Life saver pro tip: NEVER GET A CREDIT CARD.

    • @cb7762
      @cb7762 3 месяца назад +2

      Keep your tip to yourself 😅

    • @Sniperxx2267
      @Sniperxx2267 3 месяца назад

      @@cb7762 Thanks for the advice! I'll keep sharing tips for those who actually find them helpful.

    • @Sniperxx2267
      @Sniperxx2267 3 месяца назад

      @@cb7762 Thanks for the advice! I'll keep sharing tips for those who actually find them helpful.

  • @deepakaneja493
    @deepakaneja493 10 месяцев назад

    Meri credit limit 3 baar badh chuki hai...par cibil pe phle wali hi show krta hai...kuch kr skte hai iska

  • @prashantbhalerao9397
    @prashantbhalerao9397 5 месяцев назад

    Credit card se cibil improve hota hai...?

  • @legistKs
    @legistKs 10 месяцев назад +1

    mera saath to aisa nhi hai credit utilization bhi 30% se less rehta hai or repayment bhi time to time rehti hai fir bhi credit score or limit increase nhi ho rhi. suggest me what i hv to do?

    • @HSbeat116
      @HSbeat116 10 месяцев назад +1

      Baar baar Enquiry mat karo ,

  • @pankajmeghwal244
    @pankajmeghwal244 8 месяцев назад

    My credit utilization ratio is 2 to 3 percent only.

  • @ziro_noor
    @ziro_noor 10 месяцев назад

    Shared limit cibil pe ek hi show hota hai ya alag alag show hota h.?

  • @ranjitnayak2767
    @ranjitnayak2767 10 месяцев назад +11

    90/95% card use kar Raha hu 4/5 year se but kabhi cibil 760 ke niche nahi gaya😅😂...

    • @JaipurBite
      @JaipurBite 10 месяцев назад

      😂😂😂

    • @Harmonic_trader
      @Harmonic_trader 10 месяцев назад

      lol uncle Ji my cibil score is 825 😂 n you’re talking about 760😂😂😂😂

    • @ranjitnayak2767
      @ranjitnayak2767 10 месяцев назад +1

      @@Harmonic_trader Beta abhi abhi Paida huye ho isliye 825 hai... Aaj Kal ke bachhe 1000/2000 ki Flipkart ki limit use karke cibil generate karte hai... proper loan leke Maintain karke dekho 750 bhi nahi rakh paoge.

    • @Harmonic_trader
      @Harmonic_trader 10 месяцев назад

      @@ranjitnayak2767 Axis Bank Lic platinum card hai uncle. Tum jesey iss card k liyey jindagi bharr bhi eligible nai hogeey🤣

    • @ranjitnayak2767
      @ranjitnayak2767 10 месяцев назад +3

      @@Harmonic_trader Garib Insan Axis Ka Magnus hai Mere pass Naam bhi Suna nahi hoga kabhi tune... lic waise bhi garibo ko card free me batata rehta hai...🤣😅 jitne tere card ki limit hai utna Annual fees hai mere card ka...🤣😅

  • @Kitanu143
    @Kitanu143 10 месяцев назад +3

    Best way is to avoid Credit card

    • @AnnoyedCamping-kb5ve
      @AnnoyedCamping-kb5ve 9 месяцев назад +2

      Get some financial knowledge. Avoiding is not an option, using wisely is .

    • @Kitanu143
      @Kitanu143 9 месяцев назад

      @@AnnoyedCamping-kb5ve Credit cards are to be used in very disciplined manner and yes Max people are not disciplined...
      Better way is to avoid it....

    • @AnnoyedCamping-kb5ve
      @AnnoyedCamping-kb5ve 9 месяцев назад

      @@Kitanu143 yes. I save around 2500 - 3000 per month using my credit card and invest it in sip every month. I am building asset using my credit card and not debt.

    • @iamnishom5689
      @iamnishom5689 5 месяцев назад

      ​@@Kitanu143 Then people should learn to be disciplined.Not avoid getting a credit card.. Credit cards can help them increase their CIBIL score which is good for them to get loans at cheaper rates..

    • @samarshanu1298
      @samarshanu1298 3 месяца назад

      @@AnnoyedCamping-kb5ve if u have to use only 30% than credit card is useless

  • @amarkumardas7957
    @amarkumardas7957 10 месяцев назад

    Dear. Mera Aaj Cibil score 773 to 759 by 14 point decrease hoo gya😮 Aisa kiu hua🤔 Utilisation 24% hain

    • @rajatrawar120
      @rajatrawar120 10 месяцев назад

      Jyada account show ker rha hoga cibil main...yaa fir inquiry jyada hogi cibil main😊

    • @amarkumardas7957
      @amarkumardas7957 10 месяцев назад

      Account jawda hain

  • @shivamtrivedi9331
    @shivamtrivedi9331 10 месяцев назад

    Mera to 2000 to 3000 bill banta he 2 ya 3 shal ho gaye 80k she 320k limit hogayi he ..me to kamta bhi nahi ....abhi 1.30 lakh ka kharcha kya hua shabhi bank keh phone ane lage sir life time free card he lelo ...kuch card liye cradit score 40point gir gaye ...card lene keh bad

    • @varunk3573
      @varunk3573 10 месяцев назад

      1-2 mahino me 1 se jyada card liye honge aapne tabhi gir gaya score

    • @shivamtrivedi9331
      @shivamtrivedi9331 10 месяцев назад

      ​@@varunk3573haan 5 din meh 5 😂

  • @prabhatkumar3960
    @prabhatkumar3960 4 месяца назад

    Bank wale sabko offer De Rahe h limit enhancement ka lekin pata nhi kyu, mujhe nhi De Rahe limit enhancement ka offer

    • @AyushNiranjan
      @AyushNiranjan 4 месяца назад +1

      Mujhe bas hdfc nahi de rha 😂 2 saal se 10k ki limit ka lifetime free card use kar rha hoon. Icici amazon pay ki limit 1.30lac se 5 lac ho gyi. Sbi ki 1 lac se 1.30. axis ki 15k se 65k ho gyi. Par hdfc ka kuch ni ho rha

    • @JigneshPatel-of8kd
      @JigneshPatel-of8kd 4 месяца назад

      Same😅😅​@@AyushNiranjan

  • @speedychital
    @speedychital 10 месяцев назад

    Bring Best credit cards for 2024

  • @aseemsharan
    @aseemsharan 10 месяцев назад +1

    Arre, ye screenshot to hdfc netbanking portal ka hai

  • @guharup
    @guharup 9 месяцев назад

    Good luck analysing data for such stupid banks. Customers income and expenses are increasing but credit limit at same place. No desire for incremental business. Government bank or what?

  • @gauravxdhingra
    @gauravxdhingra 3 месяца назад

    Honest Opinion:
    Credit Cards are turning more of a strangle than a useful financial instrument.
    Banks are devaluing cards, increasing annual fees, lowering barrier to entry, fuel stations don't accept their own vouchers, and a lot more things.
    See around an airport lounge, the queues should be an alarm.
    Further you won't be able to pay bills through third party apps like Cred soon.
    And the barrier to entry for "exclusive" cards is non existent these days, and it's more of a novelty and show off rather than managing finances effectively.
    I highly suggest to keep just 2-4 cards, very specific to your daily spends and the ones that cover your non-spend based benifits well.
    1. To cover food, grocery, dining expenses
    2. For fuel, preferably the one which either gives benefits on all fuel stations, or the one which pays credit instead of fuel points in statement (fuel points are mostly a pain to redeem)
    3. Daily Spends on UPI
    Optional: Travel focused cards, Utility Bills

  • @TheKing-19
    @TheKing-19 10 месяцев назад

    Sochte hue mundi kon hilata hai bhai😂

  • @gojosatoru7277
    @gojosatoru7277 5 месяцев назад

    HDFC?

  • @gyanvardhangautam1908
    @gyanvardhangautam1908 3 месяца назад

    Mai default hu Mai kaise badhau score😂

  • @dhananjaykumarroy2063
    @dhananjaykumarroy2063 10 месяцев назад

    Mera to 95 % hai,and credit score is 875

  • @Tathagata45
    @Tathagata45 3 месяца назад

    Nice Mera bhi ho raha hai aisa😢

  • @mahinaik2563
    @mahinaik2563 5 месяцев назад

    Mera sabse accha kam ye tha ki mene Credit Card nahi liya😂

  • @Vishal-pg7wr
    @Vishal-pg7wr 10 месяцев назад

    Didi apka spects thoda mis aligned hai😂

    • @mastji6126
      @mastji6126 10 месяцев назад

      Left ya right optision

  • @FatherOfPakistan.
    @FatherOfPakistan. 5 месяцев назад

    She looks like my ex 😕

  • @prashantsindham8864
    @prashantsindham8864 10 месяцев назад

    You are looking so nice

  • @amanac7305
    @amanac7305 10 месяцев назад

    I love you ❤

  • @NitinKumar-wz4xb
    @NitinKumar-wz4xb 10 месяцев назад

    So cute

  • @vikaspande4027
    @vikaspande4027 10 месяцев назад

    99% use hai fir bhai mera cibil 769 hai

    • @mandardixit2154
      @mandardixit2154 10 месяцев назад +1

      Bill generate hone ke pehle hi payment karte hoge😂

    • @vikaspande4027
      @vikaspande4027 9 месяцев назад

      Flipkart pay later ki limit 1 lac hai 1% use karato utilitietion ratio maintain ho jata hai

  • @AbhijitBiswasDBZ
    @AbhijitBiswasDBZ 10 месяцев назад

    What nonsense video, card credit limit toh every few months badta hi rehta hai

  • @jayeshnikam1209
    @jayeshnikam1209 10 месяцев назад

    ❤ bast

  • @harpreetsingh3993
    @harpreetsingh3993 10 месяцев назад

    First comment ❤ 🙏

  • @Thesmackdownartist
    @Thesmackdownartist 4 месяца назад

    Axis bank ka card hoga 😂😂😂😂

  • @LuciferDevill
    @LuciferDevill 10 месяцев назад

    Chal chashmish 😂