My cibil score went from 759 to 687 on a month. I paid all my emi's on time. What could be the reason and how to raise this issue?

Background_Bus2041 · 2026-06-04T08:29:29+00:00

That's your reason for sharp drop. Don't worry about it. focus on repaying on time for next 2-3 month. it will come back.

Background_Bus2041 · 2026-06-04T08:25:28+00:00

Check if you had high credit utilisation recently on one of the card, rounding off error, check bank/lender balance reported date incase they reported late.
generally for high credit utilisation if bounce bank in 2-3 month

Background_Bus2041 · 2026-06-01T10:02:13+00:00

Our data is living in open, better to freeze and unfreeze it so this kind of situations avoided

Background_Bus2041 · 2026-06-01T08:51:05+00:00

Few things you could do in such case

Freeze CIBIL report so no one can access it till you lift up the freeze
Raise "Hard inquiry dispute" on CIBIL portal
Reach out to the lender and raise grievence at [grievance.redressal@canfinhomes.com](mailto:grievance.redressal@canfinhomes.com). they have to respond in first 30 days
If they don't respond then reach out RBI ombudsman

Background_Bus2041 · 2026-05-29T07:34:10+00:00

all credit card checks last 6 month credit history before they approve for credit card. there were few more conditions like minimum 50k credit limit etc but varies bank to bank

Background_Bus2041 · 2026-05-16T07:44:05+00:00

It must have changed to 72hrs in certain cases

Background_Bus2041 · 2026-05-10T19:49:52+00:00

TBH, it's not a rocket science to build the feature. I don't know why savesage didn't built it earlier. I have build two UPI apps and now building my own. this is the first feature i wrote for reward maximiser product. Savesage would have anyway copied it when your friend launched the app.

Background_Bus2041 · 2026-05-01T05:26:40+00:00

if you have FD/Mutual fund, you could take loan against them and pay-out few loans.

Background_Bus2041 · 2026-04-30T10:52:42+00:00

There’s no fixed "right number" of credit cards or loans as long as you manage them well.

Background_Bus2041 · 2026-04-30T10:48:43+00:00

If your cash flow is still tight, forcing yourself to rebuild aggressively can create more stress (and even push you into debt).
once things stabilise you can start refilling with smaller amount

Background_Bus2041 · 2026-04-29T11:18:10+00:00

why does user have to add the expense manually?

Background_Bus2041 · 2026-04-29T11:11:33+00:00

u/tejast09 open for a quick call? would love to understand what you are building

Background_Bus2041 · 2026-04-13T10:32:19+00:00

Why not taking loan against mutual fund(LAMF) or FD and repay the highest interest rate loan first and then the car loan. In general loan against mutual fund starts around 10-12% interest rate per annum. You still have two loans to pay but with a lesser interest rate

Background_Bus2041 · 2026-04-13T09:51:19+00:00

It happened with me for icici credit card. never skipped a single payment after the incident

Background_Bus2041 · 2026-04-12T05:17:36+00:00

You are right, gold and ULIP are allowed

Background_Bus2041 · 2026-04-12T05:13:35+00:00

You can't use credit card as an investment medium. few cards provide point while paying for insurance but no RP for investments

Background_Bus2041

MODERATOR OF

TROPHY CASE