Cibil dropped from 792 to 785 but didn't apply any card or loan. No notifications in Cibil too.

[LordPSN]

Hi guys
I checked my score in Cibil app 3 days ago. It dropped from 792 to 785.
I didn't apply for any new card or LE or loan.
The last hit from the CIBIL notifications I can see is of May.
The utilisation is 4% since January.
I took a no cost EMI which finished in June mid when the latest statement was generated.
Any idea why the sudden hit from 792 to 785?

 

[Anil_Singh]

Mine too dropped from 778 to 766. No enquiries for the past 3 months. Got Axis MyZone on April (not reported yet) and HDFC UPI on May (reported).

 

[SSMV]

It's been more than 10 days, I've cleared all my dues in HDFC. No changes.

Usually when they report to CIBIL?

Theres already thread about the banks cibil report date you can search for it

 

[SSMV]

Mine too dropped from 778 to 766. No enquiries for the past 3 months. Got Axis MyZone on April (not reported yet) and HDFC UPI on May (reported).

Even for me they reduced 12 points 1 week bank and today they increased it by 6 points

 

[SSV]

@vaibhav111 @Wealth is my birth right! @Shivashankar
I have yearly subscription of CIBIL. I checked full PDF and like I mentioned above, the last enquiry was in May. But that didn't changed CIBIL.
Suddenly (now) 4 days ago, CIBIL dropped. That's why I'm confused like why this happened..

It would be very interesting to see your report contents in a day or two. I believe you might find answers to your questions in a day or two.
You might ask why?
Here is the answer.
What I observed quite a few times is,
The score impacts first and in a day or two the accounts/enquires / whatever that causes the score to be impacted, will be reflected in your report later in a day or two...
For eg:
Three days ago , my score was increased by 5 points(from 779 to 784) , at that time there was absolutely no difference of the report content between the day before and that day. The next day , my new secured loan appeared in the list. Score remained same at 784...

The above could be one possibility out of so many ... There may be other reasons for your score fluctuations..
Just my 2 cents.

Note: I check my cibil report atleast 5 times a week for the last 3 years.. and I have subscirbed to CIBIL until 2026...
I also have also subscriptions for Experian, Crif and Equifax... This secured loan was reported in Crif about 20 days ago and Experian 7 days ago ( in experian they reported as unsecured, I have raised this issue with them already). Equifax still need to be updated...

 

[ccgeek07]

I have subscirbed to CIBIL until 2026...

offtopic : subscribed till 2026? any offer?

 

[SSV]

offtopic : subscribed till 2026? any offer?

Nothing, just usual 10%

 

[ccgeek07]

Nothing, just usual 10%

okay

 

[RAMESH BABU N]

In my case, Citi n BOB - reported to CIBIL in Jan 2023. The relative cards were CLOSED MUCH BEFORE 2023. These 2 banks reported AFTER 10 YEARS - for the CCs closed in 2003.

And, the funny part is - as of now - neither Citi nor BOB are in the CC business.

Citi sold to Axis.
BOB sold CC business to BOB FINANCIALS.

After writing to them, with a lot of legal jargon, these extraneous entries were removed. CIBIL up by 11 points.

 

[SSV]

CIBIL up by 11 points

I like this.. Well done Master Ji !! ..