Are pay later accounts any better?

[hackymanoj]

Hello, I have recently requested to close my Amazon pay later, Flipkart pay later and Mobikwik zip. They have strictly said that once closed we can never open them again.

The reason I chose to close them is the number of open account on my profile is 42. So, I choose to close these pay later accounts. My credit age is 7 years and cibil is 787.

I'm also planning to close slice, postpe, paytm postpaid

Did I take the correct decision?

 

[SSV]

I have 10-12 card closed 😮

Not good, considering the profile age

 

[Vasuki]

Not good, considering the profile age

its 10 (4 icici secured card ,1 idfc wow) unsecured Flipkart, myzone, hdfc iocl ,neu )
BNpl all closed 6 .

List of closed card so far

 

[SSV]

Nah its 10 (4 icici secured card ,1 idfc wow) unsecured Flipkart, myzone, hdfc iocl ,neu )
BNpl all closed 6 .
just a loan ( vehicle)

I can’t understand what you are saying.. leave it

 

[hackymanoj]

If you have CIBIL paid subscription, look at under this place , it gives you the summary like below…

If you don’t have subscription, it is high time you get one, CIBIL paid subscription is for people just like you, the best use case scenario…

View attachment 44213

Yes, I do have cibil subscription. Looking in there

 

[Riya]

Cibil be like - 2 points lelo

Cibil will go down 2 points but no. Of accounts will go down by 4... Moreover utilisation ratio was not more than 1-2%
I realised why my cibil was stagnant for last 7-8 months