Good or Poor!!

[cardex]

Ye Bhai kya bol riya hai? 😀

Good hai ya poor hai? How many cibil hits are considered good or bad, and within what timeframe?

 

[plastikman]

Ye Bhai kya bol riya hai? 😀

Good hai ya poor hai? How many cibil hits are considered good or bad, and within what timeframe?

It depends on the age of your oldest account. If your credit history is old then number of enquiries should not affect your score. Lekin some picky banks like HSBC, Amex may still reject new applications in case of too many recent enquiries.

On the other hand if your age of credit history is new then too many enquiries in a span of few months (3-4) will dramatically affect the score.

 

[cardex]

It depends on the age of your oldest account. If your credit history is old then number of enquiries should not affect your score. Lekin some picky banks like HSBC, Amex may still reject new applications in case of too many recent enquiries.

On the other hand if your age of credit history is new then too many enquiries in a span of few months (3-4) will dramatically affect the score.

Age of oldest open account or closed account?

 

[plastikman]

Age of oldest open account or closed account?

Age of oldest Open account is important.

 

[SSV]

Ye Bhai kya bol riya hai? 😀

Good hai ya poor hai? How many cibil hits are considered good or bad, and within what timeframe?

What it is saying:
With regard to "No of enquiries"
-have less impact on score ( low impact)
means the weightage of no of enquiries is low on your overall score.

"Poor"
Means you have scored poor marks
in the category of "no of enquiries "

For interpretation , Please follow our @plastikman ...

 

[WandereR]

Lekin some picky banks like HSBC, Amex may still reject new applications in case of too many recent enquiries.

+ Federal bank