Effect of utilisation of more than 30%

[GodFather]

What would be the effect of utilising more than 30% and for how long that effect stays ? I mean next month my utilisation is low so score will increase or it will increase after x months of low utilisation.....

 

[Sahilhenzy]

Bro I use my credit card more than 70% and I my score is perfect and increeasing as well!!

 

[Digvijay]

Ideal ratio is 30% but not necessarily. It depends on spending and repayment. I had used almost 80% few times there was no drop on credit score at all.

 

[rp0703]

What would be the effect of utilising more than 30% and for how long that effect stays ? I mean next month my utilisation is low so score will increase or it will increase after x months of low utilisation.....

It's not a rule or anything, that your utilisation needs to be below 30%. It's just recommendatory.

 

[Nemesis]

Cibil and other scores will hit for a month, if you payback all it will come back to same or increase

 

[Srini]

What would be the effect of utilising more than 30% and for how long that effect stays ? I mean next month my utilisation is low so score will increase or it will increase after x months of low utilisation.....

As HDFC CC doesn't report limit, I had used for an amount higher than all past procurements.. It was reported as 100% utilization for that card, overall was below 15%. Later score dropped by 8 points and yet to rise after 2 months..