CIBIL score dropped by 8 points for NO reason

[EnthuCC]

My CIBIL score dropped from 795 to 787.

No new inquiries, no dues, credit usage is 4% of total credit limit.

2 changes only
1) One card reached 30% credit utilization because an electronic item was bought. But overall credit usage was %4.
2)EMIfied that electronic item transaction for 3 months because Amazon provided discount only on EMI transaction.

Is this normal?

Thanks

 

[Riya]

My CIBIL is gyrating between 775 and 780 in last 12 months... Stock mkt ki tarah consolidation ho raha hai lagta hai...

 

[SSV]

Minor correction: It should be before cibil reporting date, and not bill generation date.

Actually this is also correct, some banks report before bill generation..
So bill generation or CIBIL reporting date which ever earlier and also depending upon the bank

 

[SSV]

My CIBIL is gyrating between 775 and 780 in last 12 months... Stock mkt ki tarah consolidation ho raha hai lagta hai...

This is really a good score unless you have specific need for it to be above 800

 

[Zacobite]

This is really a good score unless you have specific need for it to be above 800

cibil tends to be lower.. crif and experian show higher scores...

 

[Riya]

This is really a good score unless you have specific need for it to be above 800

Yeah it's a good score but I can't understand why it's not moving upwards even slightly....

 

[Zacobite]

Yeah it's a good score but I can't understand why it's not moving upwards even slightly....

more cc / loans and more great repayment history..chicken and egg situation..

 

[SSV]

Yeah it's a good score but I can't understand why it's not moving upwards even slightly....

I can make it move up.. but I can’t spend anytime now

 

[Riya]

I can make it move up.. but I can’t spend anytime now

Please tell me how?

 

[SSV]

Please tell me how?

Sure , sometime next week-end

 

[vaibhav111vaibhav111 is verified member.]

My CIBIL score dropped from 795 to 787.

No new inquiries, no dues, credit usage is 4% of total credit limit.

2 changes only
1) One card reached 30% credit utilization because an electronic item was bought. But overall credit usage was %4.
2)EMIfied that electronic item transaction for 3 months because Amazon provided discount only on EMI transaction.

Is this normal?

Thanks

myself including other have reported drop of 8-20 point.. one or two individual even more so nothing to worried if you have looked into your cibil report.

edit - it back to 789.