What I noticed that Experian, CIRF and Equifax score will drop and increase like anything if there's any change in your credit report. So I don't care much for these scores.
Ohh so enquiries does affect this.
Yes , got a new credit card added this month from HDFC , is it a positive or negative sign for Experian score?
Ohh , they're so volatile, well then , even i shouldn't worry about them ig XD
Just make sure you pay your bills on time, maintain low credit utilisation and not apply for too many cards or loan in short span of period, all four credit scores will be good.
I disagree here. I have 780+ in CIBIL, 850+ in Experian but CRIF is 714 and Equifax is 747 since 6 months. No changes in CRIF and Equifax scores since months.
CRIF and Equifax is worse of all four. My score sometimes fluctuate by 50 to 80 points every other month.
Yeah. CRIF don't even address any dispute. No idea on what parameters they gives scores. I have 8 credit cards as of now. No payment default ever. Still have low scores.
That's the mistake I did , I applied for 5 credit cards in a span of 1 week last week coz i got overwhelmed by the community and people having multiple ccs for more benefits. All enquiries are on my CIBIL report and that's y i guess it dropped by 1 point this month. What's a healthy number of enquiries per month or per year to maintain a good CIBIL score? I'm new to ccs so sorry for asking too many questions.
CIBIL also works in mysterious way. Like your score dropped only 1 point even after 5 enquiries. 1 to 2 enquiries per month will not impact your score very much.
Welcome.. My score is around 760.. no idea why it went down from 784
mine is a whooping 145 points drop.Its very scary
