Credit Utilization Query | CIBIL

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Deal Cadet
akone

I have 3 different credit cards, and the credit usage on one of them exceeds 50%. However, when you add up the total credit usage from all 3 cards, it doesn't exceed 25%. Will having one card with over 50% usage impact my CIBIL score?

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Shopping Friend Shopping Friend
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No impact. Cumulative utilisation should be under 30%

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Benevolent Benevolent
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Yes, it might impact the credit score. Keep each card utilisation below 25-30%

Critic Critic
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No,it won't. For cibil score, total credit utilization matters(aka total of all cards limits) & even then the drop is of 4-5 points & temporary.
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Shopping Friend Shopping Friend
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No impact. Cumulative utilisation should be under 30%

Generous Generous
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What if we pay the 100% usage bill immediately before reporting?

Deal Cadet Deal Cadet
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Do you mean, before bill generation date?
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