Cibil score https://fastnewsglobe.com Sat, 22 Nov 2025 17:20:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/fastnewsglobe.com/wp-content/uploads/2025/03/fastnewsglobe.png?fit=32%2C32&ssl=1 Cibil score https://fastnewsglobe.com 32 32 242798455 Will one day’s delay in payment make a difference to your credit score? know the rules https://fastnewsglobe.com/will-one-days-delay-in-payment-make-a-difference-to-your-credit-score-know-the-rules/ https://fastnewsglobe.com/will-one-days-delay-in-payment-make-a-difference-to-your-credit-score-know-the-rules/#respond Sat, 22 Nov 2025 17:20:00 +0000 https://fastnewsglobe.com/will-one-days-delay-in-payment-make-a-difference-to-your-credit-score-know-the-rules/

This question naturally comes in the mind of many people that if there is a delay of one day in making credit card payment or if there is a delay of one day in paying any installment. So what is the impact on credit score. So let us tell you that there are different rules for this.

This question naturally comes in the mind of many people that if there is a delay of one day in making credit card payment or if there is a delay of one day in paying any installment. So what is the impact on credit score. So let us tell you that there are different rules for this.

Most of the banks and credit bureaus in the country do not put the delay of less than 30 days in the category of late payment. That is, if you have made payment after just one day. So there is almost no effect on the score. This is not even recorded in the report.

Most of the banks and credit bureaus in the country do not put the delay of less than 30 days in the category of late payment. That is, if you have made payment after just one day. So there is almost no effect on the score. This is not even recorded in the report.

Often banks and credit card companies also give a small grace period. This means that if your due date was Monday and you made the payment on Tuesday. So it is not considered late. You must definitely check what your bank's policy is. Because the rules of every bank are not the same.

Often banks and credit card companies also give a small grace period. This means that if your due date was Monday and you made the payment on Tuesday. So it is not considered late. You must definitely check what your bank’s policy is. Because the rules of every bank are not the same.

Even if one day late payment does not affect the score. But late fees may apply. Banks and card companies may impose a small penalty, which is usually not very high. But if it becomes a habit. So these charges keep increasing and become a burden on your pocket.

Even if one day late payment does not affect the score. But late fees may apply. Banks and card companies may impose a small penalty, which is usually not very high. But if it becomes a habit. So these charges keep increasing and become a burden on your pocket.

Credit score normally deteriorates when the payment remains pending for more than 30 days. However, if payment is made late by 60 or 90 days, it can bring down the credit score significantly. Therefore, it is important to take special care of this matter.

Credit score normally deteriorates when the payment remains pending for more than 30 days. However, if payment is made late by 60 or 90 days, it can bring down the credit score significantly. Therefore, it is important to take special care of this matter.

If you forget the due date of your payment. And in this process you miss the payment. Then you can start auto debit service in your account. Due to which payment will be made automatically from your account on the due date.

If you forget the due date of your payment. And in this process you miss the payment. Then you can start auto debit service in your account. Due to which payment will be made automatically from your account on the due date.

Published at : 22 Nov 2025 05:35 PM (IST)

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]]> https://fastnewsglobe.com/will-one-days-delay-in-payment-make-a-difference-to-your-credit-score-know-the-rules/feed/ 0 113688 CIBIL score is good, still why is the loan getting rejected again and again; Know what is the reason? https://fastnewsglobe.com/cibil-score-is-good-still-why-is-the-loan-getting-rejected-again-and-again-know-what-is-the-reason/ https://fastnewsglobe.com/cibil-score-is-good-still-why-is-the-loan-getting-rejected-again-and-again-know-what-is-the-reason/#respond Mon, 17 Nov 2025 09:41:26 +0000 https://fastnewsglobe.com/cibil-score-is-good-still-why-is-the-loan-getting-rejected-again-and-again-know-what-is-the-reason/


Credit Score: It is very important to have CIBIL score to take a loan from the bank, without it you may have to face many problems in getting the loan. Actually, you can get loan even without CIBIL score. In this the bank checks your background and payment history. However, if the CIBIL score is good, it is very easy to get a loan.

What is CIBIL score?

CIBIL score is also called credit score. It is a 3 digit number between 300-900, which tells whether you have ever used a credit card or taken a loan. If yes, then how responsibly have you returned the loan money or made EMIs or payments?

Generally 300 is considered the worst score and 900 is considered the best. If the score is good, the loan is approved quickly, that too at a good interest rate. But many times the loan request is rejected even if the CIBIL score is good. Suppose if your CIBIL score is 750, then it will be considered good. But many times the loan gets rejected even if the CIBIL score is 750. Do you know what is the reason for this?

debt-to-income ratio

Your debt-to-income ratio is a big factor behind this. The bank wants that less than 40 percent of your monthly income should be spent on EMI. Financial advisor Ritesh Sabharwal tells that if you have a salary of Rs 1 lakh and Rs 45,000 goes in EMI, then your DTI will be 45 percent. In such a situation, even if your CIBIL score is 750, the bank will refuse to give you a loan because the bank will consider you an excessive borrower. High DTI means that you may face difficulties in repaying the loan, due to which the bank becomes alert.

Applying for loan more than once

Applying for credit cards or loans multiple times in a short period of time also makes matters worse. If you have requested for a loan more than three times in three months, then the bank looks at it from a negative perspective. The bank sees signs of your being under financial pressure and sees the danger of financial risk. Many times, people who change jobs frequently face difficulty in getting a loan.

How to improve?

Sabharwal says that you can increase your chances of getting a loan by keeping the debt-to-income ratio below 40 percent, maintaining a record of staying in the same job for a long time, using 30 percent of your credit limit, making regular loan payments from time to time and not applying for loans again and again.

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]]> https://fastnewsglobe.com/cibil-score-is-good-still-why-is-the-loan-getting-rejected-again-and-again-know-what-is-the-reason/feed/ 0 111312 After taking a credit card, this mistake can be costly, CIBIL score will fall immediately. https://fastnewsglobe.com/after-taking-a-credit-card-this-mistake-can-be-costly-cibil-score-will-fall-immediately/ https://fastnewsglobe.com/after-taking-a-credit-card-this-mistake-can-be-costly-cibil-score-will-fall-immediately/#respond Sat, 15 Nov 2025 03:08:57 +0000 https://fastnewsglobe.com/after-taking-a-credit-card-this-mistake-can-be-costly-cibil-score-will-fall-immediately/ After taking a credit card, this mistake can be costly, CIBIL score will fall immediately.

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]]> https://fastnewsglobe.com/after-taking-a-credit-card-this-mistake-can-be-costly-cibil-score-will-fall-immediately/feed/ 0 110316 Will there not be a need for a loan now, know what is the government’s announcement https://fastnewsglobe.com/will-there-not-be-a-need-for-a-loan-now-know-what-is-the-governments-announcement/ https://fastnewsglobe.com/will-there-not-be-a-need-for-a-loan-now-know-what-is-the-governments-announcement/#respond Fri, 05 Sep 2025 11:09:56 +0000 https://fastnewsglobe.com/will-there-not-be-a-need-for-a-loan-now-know-what-is-the-governments-announcement/

No cibil score for loan: Whenever you take a loan for a car, bike or house, your civil score is first seen. If it is not well, then the bank is refused to give a loan. But such people have now been given great relief from the government. At present, the rule of banks is that if your civil score is bad then either you will not be able to get a loan from the bank. Actually, a big scale of loan is a civil score. The civil score of anyone is between 300 and 900. Based on this, his performance is decided.

What happens with civil score?

The more the civil score comes to close to 900, the more people get help in increasing the loan amount from taking loans. It can also be understood that if someone’s score comes around 300 or below 600, then any bank can take care of giving loans. But now this news is coming that in the case of loan, the civil score will not be considered as a criterion because the government has said in Parliament that if someone’s civil score is bad then the bank cannot refuse to give the loan.

Civil score is bad or low, but banks will not refuse to give loans to people even under those circumstances. If someone is applying for a loan for the first time, then in that case the bank will not ask for its civil score.

What will be the benefit?

In fact, Union Minister of State for Finance Pankaj Chaudhary, while speaking about this in the Lok Sabha, mentioned the rules of the Reserve Bank of India. The RBI has not mentioned any minimum number of civil scores anywhere in its rules. His statement means that RBI does not say anywhere that it is mandatory to have such a civil score to take a loan.

This dispute of civil score is old. CIBIL i.e. Credit Information Bureau became so popular that people came to know it in the name of civil. Its real name is CIR i.e. Credit Information Report.

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]]> https://fastnewsglobe.com/will-there-not-be-a-need-for-a-loan-now-know-what-is-the-governments-announcement/feed/ 0 76838 If CIBIL is bad, you will not get a job now, this news will blow the senses of fraudulent people https://fastnewsglobe.com/if-cibil-is-bad-you-will-not-get-a-job-now-this-news-will-blow-the-senses-of-fraudulent-people/ https://fastnewsglobe.com/if-cibil-is-bad-you-will-not-get-a-job-now-this-news-will-blow-the-senses-of-fraudulent-people/#respond Wed, 02 Jul 2025 16:46:33 +0000 https://fastnewsglobe.com/if-cibil-is-bad-you-will-not-get-a-job-now-this-news-will-blow-the-senses-of-fraudulent-people/ If CIBIL is bad, you will not get a job now, this news will blow the senses of fraudulent people

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]]> https://fastnewsglobe.com/if-cibil-is-bad-you-will-not-get-a-job-now-this-news-will-blow-the-senses-of-fraudulent-people/feed/ 0 48545 Credit card using tips if you do these mistakes your cibil score will impact badly know the right way of using credit card https://fastnewsglobe.com/credit-card-using-tips-if-you-do-these-mistakes-your-cibil-score-will-impact-badly-know-the-right-way-of-using-credit-card/ https://fastnewsglobe.com/credit-card-using-tips-if-you-do-these-mistakes-your-cibil-score-will-impact-badly-know-the-right-way-of-using-credit-card/#respond Mon, 19 May 2025 07:25:53 +0000 https://fastnewsglobe.com/credit-card-using-tips-if-you-do-these-mistakes-your-cibil-score-will-impact-badly-know-the-right-way-of-using-credit-card/

Credit card using tips: There was a time when people did not have money. So he could not buy anything. But now the time has changed completely, now if no one has money. Even then he can easily buy anything by using credit cards. But people need to be cautious while using credit cards.

If the credit card is not used properly, the CIBIL score may be spoiled. Due to which troubles may be faced in future. That is why how to use credit cards so that your CIBIL score does not affect you. The correct way of this.

Do not delay in paying bills

Credit card is a facility. But if it is not used carefully, it can cause serious harm to your CIBIL score. The CIBIL score reflects any person’s creditworks to repay the loan. If you do not pay your card bill on time. So it is recorded as a negative entry in your credit history.

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This can make it difficult to take a loan in future or to take any financial service of any kind. Therefore, it is very important that you always pay its bill on time. Do not fill the minimum amount, try to always fill the entire amount. You can set an auto-debit for your credit card payment. So that the payment is not delayed.

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Take special care of credit limit

While using a credit limit, always keep in mind that you do not use more part of your limit. Generally you should not spend more than 30-40% of your total limit. If you constantly spend on this limit. Then it shows that the financial situation is not good. This can also cause negative impact on the CIBIL score. Apart from this, you should not apply for credit cards again and again. When you apply for a credit card. So there is an inkari for him, this can also impact your civil score.

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