Experian score dropped 214 points

137°
Deal Cadet
desisam

Screenshot2023-04-02-14-36-23-90c045579b1cb8a1660c0dc95ce651bac5 Screenshot2023-04-02-14-36-15-92c045579b1cb8a1660c0dc95ce651bac5
Today I have just checked my score and seeing it dropped 214 points. There are no missed payments, also cibil is showing 782.

I have applied for AU BANK zenith and tata neu hdfc last month. Hdfc one rejected while in AU BANK there were some problem with swipe up platform, so my application was stucked. On contacting branch and banks head email they said that they have to delete my lead.

I don't understand what should be the reason for such a big drop.
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Finance Mentor Finance Mentor
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desisam wrote:
Didn't use any paylater accounts since 3 to 4 months

The mere fact they are open is good enough reason for score to drop. They are viewed as pretty negative.

Your recent card rejections could also be a reason. 

If the report is fine, just go about your daily life. These things are not in your control.

My cibil is 729/900, Experian 856/900 and Crif 890/900. I have absolutely no idea why cibil is dropping while others are moving up. 

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Deal Subedar Deal Subedar
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Saw a similar thread few months ago, people getting hit hard out of no apparent reason...

BTW, does the CIBIL tab show data for you? I have never got it showing on the app...

Deal Lieutenant Deal Lieutenant
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Agnivo007 wrote:

Saw a similar thread few months ago, people getting hit hard out of no apparent reason...

BTW, does the CIBIL tab show data for you? I have never got it showing on the app...

Because earlier you used some other number 

to fetch cibil on that app.


Deal Cadet Deal Cadet
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Ramta_Jogi wrote:

22 active accounts! 

Most of are credit cards and other are paylater accounts

Finance Mentor Finance Mentor
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desisam wrote:

Most of are credit cards and other are paylater accounts

Maybe paylater accounts are causing the crash in score. 

Deal Cadet Deal Cadet
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Ramta_Jogi wrote:

Maybe paylater accounts are causing the crash in score. 

Didn't use any paylater accounts since 3 to 4 months
Finance Mentor Finance Mentor
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desisam wrote:
Didn't use any paylater accounts since 3 to 4 months

The mere fact they are open is good enough reason for score to drop. They are viewed as pretty negative.

Your recent card rejections could also be a reason. 

If the report is fine, just go about your daily life. These things are not in your control.

My cibil is 729/900, Experian 856/900 and Crif 890/900. I have absolutely no idea why cibil is dropping while others are moving up. 

Deal Subedar Deal Subedar
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ZNZ wrote:

Because earlier you used some other number 

to fetch cibil on that app.


No for sure, it never fetched since the launch of this app or since I first installed... Mailed them long ago they are clueless too...
Deal Cadet Deal Cadet
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Same, mine dropped 133 ( reason : new account added in last 6 months). Since cibil is unaffected, idgaf to experian.

Glitterati Glitterati
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Ramta_Jogi wrote:

The mere fact they are open is good enough reason for score to drop. They are viewed as pretty negative.

Your recent card rejections could also be a reason. 

If the report is fine, just go about your daily life. These things are not in your control.

My cibil is 729/900, Experian 856/900 and Crif 890/900. I have absolutely no idea why cibil is dropping while others are moving up. 

CRIF - 890/900


You must have  ALL INDIAN RANK - 1 something 😄

Finance Mentor Finance Mentor
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shraaj wrote:

CRIF - 890/900


You must have  ALL INDIAN RANK - 1 something 😄

I was quite surprised myself. It was more than my combined school marks of 10 years 😂

Finance Mentor Finance Mentor
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Agnivo007 wrote:
does the CIBIL tab show data for you? I have never got it showing on the app...

Cibil sends regular report if you check via Icici iMobile. 

In One Score, the report comes only of Experian 

Blogger Blogger
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shraaj wrote:

CRIF - 890/900


You must have  ALL INDIAN RANK - 1 something 😄

In my cheq app it says 896 / 900 .. but still top 3% only..

myscorefromcheqapp


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