HDFC ripped a hole through my crif score

[Bel]

Ok let me begin by saying this, I own an HDFC cc from almost a year and my CC limit was around 1.5L
The max utilisation I reached on this card has been ~40k earlier and was reflecting as my max utilised amount in my credit report. (HDFC doesnt report credit limit)
In the current month (June), 2 things happened.
1. HDFC increased my cc limit by ~25%.
2. I exceeded my previous max spend limit on this card by a bit and used close to 50k this month.

What happened you ask ? My crif score on cred fell from 810 --> 706. Like wtf ? Why is there a 100+ point drop ?

PS: I have another couple of CC's from axis,sbi. Havent used them this month nor have I applied to any loans , BNPLs or CCs in the last ~6months. Like seriously HDFC wtf is going on ?

 

[007]

Ok let me begin by saying this, I own an HDFC cc from almost a year and my CC limit was around 1.5L
The max utilisation I reached on this card has been ~40k earlier and was reflecting as my max utilised amount in my credit report. (HDFC doesnt report credit limit)
In the current month (June), 2 things happened.
1. HDFC increased my cc limit by ~25%.
2. I exceeded my previous max spend limit on this card by a bit and used close to 50k this month.

What happened you ask ? My crif score on cred fell from 810 --> 706. Like wtf ? Why is there a 100+ point drop ?

PS: I have another couple of CC's from axis,sbi. Havent used them this month nor have I applied to any loans , BNPLs or CCs in the last ~6months. Like seriously HDFC wtf is going on ?

CRIF score doesn't matter. Check CIBIL, it wouldn't have dropped much. So, chill.

 

[cherryj1988]

LOL this is too funny. Sad but funny.

 

[souvikdey2002]

CR

CRIF score doesn't matter. Check CIBIL, it wouldn't have dropped much. So, chill.

CRIF matters, SBI Card & Home Loan enquires Crif only.
Raise a dispute immediately with Crif & ask them to point out what actually went wrong.
Based on that raise a dispute towards the financial institution who actually influenced for this drop.

 

[007]

CR

CRIF matters, SBI Card & Home Loan enquires Crif only.
Raise a dispute immediately with Crif & ask them to point out what actually went wrong.
Based on that raise a dispute towards the financial institution who actually influenced for this drop.

Ohh is it. Even mine dropped by 82 points, just for opening 2 new credit card accounts.
@TechnoFino Your thoughts on this, is this true? 👀

 

[Bob78900]

CR

CRIF matters, SBI Card & Home Loan enquires Crif only.
Raise a dispute immediately with Crif & ask them to point out what actually went wrong.
Based on that raise a dispute towards the financial institution who actually influenced for this drop.

CRIF is very slow i have raised multiple complaints for my closed card which was showing active in crif report they took almost 2-3 months to mark that card close

 

[TechnoFinoTechnoFino is verified member.]

Ohh is it. Even mine dropped by 82 points, just for opening 2 new credit card accounts.
@TechnoFino Your thoughts on this, is this true? 👀

Forget crif and live happily 😊

 

[Vishvajeet]

crif score is useless no worries about my crif score is 592 which again was due in accuracies in the report but i still get pre approved offer from sbi for simplyclick with a low limit obviously. my cibil score is 768