Credit score down because credit card not used in last month even for single transaction

[suraj singh]

My score dropped 24 points to 748 i have a credit history of 11 month with on time payments , no recent enquiries , credit utilisation under 30%.
But last month before reporting by bank to credit bureaus my credit outstanding is in negative as i have already paid due before due date
Is it possible that not using credit card affect credit score(CIBIL) NEGATIVELY

 

[NShah]

My score dropped 24 points to 748 i have a credit history of 11 month with on time payments , no recent enquiries , credit utilisation under 30%.
But last month before reporting by bank to credit bureaus my credit outstanding is in negative as i have already paid due before due date
Is it possible that not using credit card affect credit score(CIBIL) NEGATIVELY

There is other issue I guess .If you not use credit card it did not impact negatively to cibil

 

[D₹V]

Yes, if it's in negative, it impacts.

 

[Deleted member 8482]

My score dropped 24 points to 748 i have a credit history of 11 month with on time payments , no recent enquiries , credit utilisation under 30%.
But last month before reporting by bank to credit bureaus my credit outstanding is in negative as i have already paid due before due date
Is it possible that not using credit card affect credit score(CIBIL) NEGATIVELY

I have not used any credit card in last 2-3 months but not affected anything.

 

[D₹V]

I have not used any credit card in last 2-3 months but not affected anything.

But negative balance effects, 0 have neutral value

 

[SSV]

But negative balance effects, 0 have neutral value

 

[SSV]

Is it possible that not using credit card affect credit score(CIBIL) NEGATIVELY

No.. See above post

 

[SSV]

I have not used any credit card in last 2-3 months but not affected anything.

Correct , it won't...

 

[D₹V]

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View attachment 29469

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Happens, even mine score decreased hugely after one new credit account added few days ago.

 

[D₹V]

Correct , it won't...

But if you keep usage between 1-9% your score will increase more.

 

[Deleted member 8482]

How

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great it increased by 16 points within span of 15 days

 

[SSV]

How

Pay the bill in full , before the statement generated for all the accounts.. There should be no oustanding amount in any of the accounts.

 

[deep@vie]

My score dropped 24 points to 748 i have a credit history of 11 month with on time payments , no recent enquiries , credit utilisation under 30%.
But last month before reporting by bank to credit bureaus my credit outstanding is in negative as i have already paid due before due date
Is it possible that not using credit card affect credit score(CIBIL) NEGATIVELY

It'll come back up in a month or 2.

 

[suraj singh]

It'll come back up in a month or 2.

What ia the probable reason ?

 

[vaibhav111vaibhav111 is verified member.]

there could be any other reason.. cause that excess credit..how could that affect anything.. think above it.. you paid in excess then the amount due and it negative as per bank record.. no biggie it won't have any negative effect and try to download PDF report of cibil and take a good look.. that i would suggest.

 

[suraj singh]

there could be any other reason.. cause that excess credit..how could that affect anything.. think above it.. you paid in excess then the amount due and it negative as per bank record.. no biggie it won't have any negative effect and try to download PDF report of cibil and take a good look.. that i would suggest.

I have checked through google pay as i don't have cibil subscription and this is it shows:-
No recent enquiries, -0.53% credit usage, no late payments, credit mix-1 cc

 

[tanujsheoran]

I have checked through google pay as i don't have cibil subscription and this is it shows:-
No recent enquiries,View attachment 29578 -0.53% credit usage, no late payments, credit mix-1 cc

credit mix may be 2 or more try paytm postpaid

 

[vaibhav111vaibhav111 is verified member.]

I have checked through google pay as i don't have cibil subscription and this is it shows:-
No recent enquiries,View attachment 29578 -0.53% credit usage, no late payments, credit mix-1 cc

See if everything is showing excellent or good then. You need complete report search for sbi home loan cibil or airtel app cibil check too give free cibil report in pdf format. Then check what causing this issue by looking at each lender.

 

[tanujsheoran]

See if everything is showing excellent or good then. You need complete report search for sbi home loan cibil or airtel app cibil check too give free cibil report in pdf format. Then check what causing this issue by looking at each lender.

SBI home loan credit report is best

 

[suraj singh]

See if everything is showing excellent or good then. You need complete report search for sbi home loan cibil or airtel app cibil check too give free cibil report in pdf format. Then check what causing this issue by looking at each lender.

So as you told me i checked through pdf obtained through airtel thanks app but i didn't find any thing that could affect my credit score drastically
No credit enquiries in last 8 months, 11/11 ontime payments, and a negative outstanding balance of rs -253
Should i raise issue with cibil ?