Credit Score Impact

Explore how specific financial actions affect your CIBIL score. Understand what builds and what breaks your credit reputation.

How Actions Shape Your Score

Credit bureaus (like CIBIL, Experian) use complex algorithms. While exact numbers vary based on your total credit profile, these are standard impact ranges seen in India.

1 Late Payment (30 Days)

Severity: High

-50 to -90 points

Approximate

Maxing Out Credit Card (90%+ Util)

Severity: High

-30 to -50 points

Approximate

New Credit Card/Loan Inquiry

Severity: Low

-5 to -10 points

Approximate

Paying Off Maxed Card

Severity: Positive

+20 to +50 points

Approximate

Closing Oldest Credit Account

Severity: Medium

-10 to -30 points

Approximate

Building Good Credit Habits

100% Payment History: Even one missed payment destroys years of good history. Set up Auto-Pay.
Sub 30% Utilization: If you have a ₹1,00,000 limit, try not to spend more than ₹30,000 before the bill generates.
Don't Close Old Cards: The length of your credit history matters. Keep your oldest no-fee cards open.