Search results for query: over leverage

Application Rejected, without even asking for income, Im not sure how they check over leveraged without that... Any escalations to ask for reason?

U2-approval over leveraged What is U2 approval over here

The problem is even if we have add on cards they will still reflect as standalone cards and there by representing us as over leveraged, even though we may have a single card only.

HSBC, SBI and few other banks consider this over leverage concept.. Ex: In CIBIL, HDFC CC 1 limit: 800000 HDFC CC 2 limit: 800000 HDFC CC 3 limit: 800000 (though in HDFC its shared limit) AXS CC 1 limit: 700000 AXS CC 2 limit: 700000 AXS CC 3 limit: 700000 AXS CC 4 limit: 700000 (though in...

ye icici wale inki toh khair nahi!

If you apply thru CK for the new BPCL , then it will most likely be rejected because of "Over leverage" issue ( 90%) chance.. But if you are approved for the new card, then it will have a new seperate limit on top of your current 1.2L limit on the other card.. It all depends upon your...

We share the same belief on over leveraged.

aap ko reason kya diya rejection ka ? over leverage ?

Try for tata neu cards then. If it's your first ever card then also try SBI cashback thru sprint portal before you get " over leveraged " as per SBI.

If over leverage is a problem for you then don’t take it

Was it your second or third sbi card? Didn't you face any over leveraged issue?

Sbi cashback toughest now due to over leverage policy. Why r u not having hdfc core card, try millinia

Looks like it is true n valid. My CIBIL score is 805.

Check this thread https://www.technofino.in/community/threads/u2-approval-over-leveraged-rejection-reason-for-sbi-cards-possible-reasons-and-solution.25321/

Kindly tell the name of that lame bank, who knows maybe that lame bank actually help me with my ordeal😛

For some reason my income is also reported as 18 crore per annum when it's not even 1/100 of that :hehe:

My brother card, I am using it. (I have downgraded my Prime to SimplySave).

Yes.. As per sbi if u total credit card limit is 2x of ur annual salary then u r over leveraged … also if u have multiple cc from same bank .. though u have shared limit .. banks report as separate limit for each card in cibil My actual limit on all cards is around 70L . But as per cibil my...

I have mailed them regarding this they said they will get back to with an update before Nov 9. Should I just go for it and activate? Or should I wait so that I can have leverage over them regarding the activation of the card?

No we really don't take a lot of credit cards. He just had sapphiro + axismyzone credit card during that time.