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Slice Card messes up your Credit Score! Here's How ?

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Blaze
ankurmahajan

Slice Card has partnered with multiple NBFC and they make a new entry in Credit Report most of the time you utilize the Credit Limit.
Follow this Twitter Thread for detailed info.

https://twitter.com/amishra31/status/1484041584...

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Benevolent Benevolent
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😄

Deal Cadet Deal Cadet
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Was about to share the same Twitter thread here on dd. toungueout

Good, u have shared, people need to know. Already many discussions on dd on how slice screws up in addition to cibil score also takes contact information from phone and any late payment resulting in continuous calling to our contacts.

Deal Subedar Deal Subedar
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How to close slice card?

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Deal Lieutenant Deal Lieutenant
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Don’t look much into such thread..check urs and then comment.

Deal Cadet Deal Cadet
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exactly these are like once in a million that such types of mistakes happen. Even see ICICI or HDFC or any other bank credit card support pages on twitter or complaint forums  u will surely find such cases there too

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Tech Guru Tech Guru
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A big thanks to @guest_999 @Tanmayyy for spreading awareness regarding this. 

Critic Critic
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I have never suggested anyone to take such “pretend credit card apps” like slice/lazypay/snapay etc & never will. A few hundred rupees of extra savings on such cards in a year is not worth it in the long term which many people fail to realize or realize it too late.

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Like Magnet Like Magnet
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Other info just to share For all, do u know HDFC won’t disclose credit limit in CIBIL report,due to which your credit utilisation rate will go higher. even raised dispute on CIBIL ,they replied that they wont disclose credit limit,and when i asked CIBIL, they replied that’s not in their hands.

Deal Captain Deal Captain
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Your utilisation won’t go up.
because CIBIL clearly says that they don’t include  in calculating the utilisation percentage

the utilisation of cards for which the limit is unknown.


I’m frustrated that HDFC doesn’t declare limit because my card has decent limit, but never worried about the thing you were talking.

Like Magnet Like Magnet
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Also,i see most NBFS/Banks are reporting not full and updates information to CRIF,EXPERIAN ,except to CIBIL

Deal Newbie Deal Newbie
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Can someone provide clear information?
Does it show up on CIBIL just by applying for the Slice account or Lazypay account (as per their personal experience)? 

I recently got the card. I have wrote them a strong mail to for getting it closed now.

Blaze Blaze
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I did send a mail to slice for closing my account but didn’t receive any positive reply. So, I intend in approaching RBI Ombudsman.

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Deal Cadet Deal Cadet
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I have only slice card, i have no idea what all this. How to check and wer to check all this

Deal Cadet Deal Cadet
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+1

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Like Magnet Like Magnet
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My slice card doesn’t even report to any credit bureau joy

Finance Ninja Finance Ninja
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Lucky then.. did you loot apple deal?

Deal Subedar Deal Subedar
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oh god, recently I applied slice card

Deal Lieutenant Deal Lieutenant
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Pls Avoid All Pay Layer Services 

Use Icici Pay Later If Need 

Rest All Are Not Good For Credit Score 

Generous Generous
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ICICI reports pay later as cc unlike others wink

Deal Newbie Deal Newbie
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Deal Newbie Deal Newbie
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Delete my account

Critic Critic
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@admin Delete his account XD
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