hi Guys, I have 3 credit cards that I don't use anymore, but I am thinking of keeping them active by doing 1 transactions every 6 month. does CIBIL report with 0% utilization affect credit score? FYI all 3 are LTF cards.
hi Guys, I have 3 credit cards that I don't use anymore, but I am thinking of keeping them active by doing 1 transactions every 6 month. does CIBIL report with 0% utilization affect credit score? FYI all 3 are LTF cards.
Every bank doesn't generate the statement if you're not using the card not even zero statement.
And in the case of non-generation of statement, cibil will show as xxx i.e. data not reported.
if you use any of cards a little and repay timely then ur score will uprise. so small usage is advisable even of Rs 100
hi Guys, I have 3 credit cards that I don't use anymore, but I am thinking of keeping them active by doing 1 transactions every 6 month. does CIBIL report with 0% utilization affect credit score? FYI all 3 are LTF cards.