Credit Card Utilisation

[zaidmalik94772]

If I use 80% of credit card limit and convert it to EMI will it affect my credit score?

 

[akshayhs]

It can temporarily affect your score until you bring your utilisation down. If your total credit utilisation is still less than 30% including the 80k spend, then it may or may not affect your score. If you have only a single card the possibility of affecting the score is drastically huge