Search results for query: over leverage

Has any one been able to figure out the income to credit limit ratio? Like how much it should be, so that we can avoid over leverage issue..mind got rejected on feb 2nd and after that I already closed 8 cc's with 27 lakhs limit. Still 6 left with 25lakhs limit. 1.2/m income

hehe, I was the one who made this thread https://www.technofino.in/community/threads/anyone-got-sbi-cashback-credit-card-over-leverage-issue-fixed-lets-close-cards.37331/ and The first pic posted in that thread was posted by me only via some SBI Card guy sitting in a branch. @kuchbhi is using...

Oh may be over leverage issue in simpler terms.

SBI wants new users who not aware about card benefits. Mostly pro users facing over-leverage except fews..

Chill as you got the card no need to worry about over-leverage anymore. Yes, the total limit across all card accounts. Like Axis, they report separately so I have 2.1L but in cibil it will reflect 6.3L(3 Axis cards). ICICI Gemstone Series cards one account and Apay separately. IDFC also...

Biggest mistake - Closing SBI SimplyClick CC for getting SBI IRCTC and now flagged as Over-Leverage. Another mistake - Closing HDFC Swiggy LTF, regretting after coming to know cashback works for gold coin purchase as well. Achievement - Grabbing LTF all 3 ICICI Sapphiro, 3 ICICI Emaralde and...

that is correct but in terms of rewards merchant restriction cap restriction salute

Got the phonepe SBI card visible on my SBI app today so total 3 Card from SBI (Simplysave | Cashback | Phonepe SBI ) now with cumulative CL is about 5.12 lakh and total credit card is 10+.

For over leverage will it count seperate card limit of same bank?

They are rejecting mine saying you already have an sbi card. How many SBI card you hold prior to cb card ?

How to apply this SBI infinity cc? Another q, i have 7 cc of ICICI with 7L limit all combined. But in cibil the limit of each cc shows separetly, if i close 4 cc of ICICI, can I reduce my limit by 28L to resolve over-leverage issue?

Kaam fatafat nipta do… jitni jaldi card devalue hoga, utna hi kam dukh hoga card na milne ka — signed, ek pro over-leverage wala 😂

The person who processed my loans in icici has been great. First got in touch when he was in yes bank, took over my first loan. Then once he shifted to icici he got me switched over to icici and i also needed a commercial loan which he processed. Got my rates down last year before rbi started...

hanks for your response. No, I have not tried that. I have to send message on twitter to upgrade my simplyclick Credit card to Apollo credit card ? On my SBI credit Card profile there is no offer for upgrade. So, I really doubt whether they will proceed or not !

This card will fail miserably in the market - IF SBICards continue it's over-leverage-issue to approve. By now, most of the TARGET GROUP - those who are 50+ - are already having credit cards - multiple of them at that. The target group - those who buy medicines and opt for health tests - are...

Well try for cc after closing that loan. As on now you are over leverage. If bank says you are over leverage it says this after calculating your all expenses loans cards cc etc.

So there is no way to get new sbi credit card if we are over leaveraged?

In this scenerio try changing number & apply with the existing PAN card, if it gets approved then change mobile number