Closing 1 yr 8 months old personal loan account affect cibil score?

[bhaibhai]

I have 1 yr 8 months oldest credit account which is Flipkart pay later refered as personal loan. after closing it my credit age will be decrease to 9 months. It's not a big decrease so will it affect cibil because it's closure of personal loan not credit card.

 

[wiizzard]

Yes, rather the score may improve since you close an unsecured loan

 

[Yugi]

You CIBIL score simulator in GPay app, you can how it will affect your score.