Credit Score Downgraded with No Reason

[S_ALI]

I am a Salaried Person 58k pm
But
My Credit score shows in Onescore 730 and Good Score 691 Its Downgrade even I don't have CC and Loan Neither Late Payment I have one 2 closed Loan and It there is no late payment

* I applied for SBI Cashback Credit Card But Got Declined due to Internal Policy.

* I Applied for Airtel Axis CC and Under Review may be it will get Rejected.

* I Made FD And Took a Secured CC but No Result 🥴
* After Applying CC I got 2 Hard enquiry from HDFC BANK And Axis 🙂
What Can I do now to Improve Cibil and Get a Credit Card.

 

[EverybodyEverybody is verified member.]

For SBI Cards, Approach them via email to know why they rejected. Probably they ask income docs to process it again. And if everything is correct, they might approve the application.

And Regarding the score drop, since there is no activity on cibil it might causing the score to fall. If you are sure there are no late payments, then your score will increase once you start using loan or cc. Also i suggest to check once for detailed credit report so that u can find what is wrong(ignore if there are no late payments shown on onescore).

 

[Mr. BeanMr. Bean is verified member.]

Get your salaries via HDFC or Axis (or any bank) to get pre-approved card.

I Made FD And Took a Secured CC but No Result

When did you get this secured CC? It takes weeks or months to reflect on the credit bureaus.

 

[drvenkat]

I am a Salaried Person 58k pm
But
My Credit score shows in Onescore 730 and Good Score 691 Its Downgrade even I don't have CC and Loan Neither Late Payment I have one 2 closed Loan and It there is no late payment

* I applied for SBI Cashback Credit Card But Got Declined due to Internal Policy.

* I Applied for Airtel Axis CC and Under Review may be it will get Rejected.

* I Made FD And Took a Secured CC but No Result 🥴
* After Applying CC I got 2 Hard enquiry from HDFC BANK And Axis 🙂
What Can I do now to Improve Cibil and Get a Credit Card.

review you credit report completely by downloading the pdf and see if there is any wrong data reported and if everything is correct like previously suggested by others it will go up once you star using the card