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Help me undertand effect of paylater accounts on CIBIL Score

  • Thread starter Thread starter Harshal4
  • Start date Start date
  • Replies Replies 5
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Harshal4

TF Select
Hello Guys,

I need your help to decide whether I should close my flipkart paylater and paytm postpaid accounts.
I have these accounts for last 2.5 years. I dont use them at all since I got credit cards now(Oldest cc is 10m old). Should I close flikart/paytm postpaid?
If yes could this affect my cibil in a bad way?
 
Pay later accounts for some totally sus reason are seen as negatives on cibil score.
So your score should increase on closing them. If not immediately, in a month.
 
Hello Guys,

I need your help to decide whether I should close my flipkart paylater and paytm postpaid accounts.
I have these accounts for last 2.5 years. I dont use them at all since I got credit cards now(Oldest cc is 10m old). Should I close flikart/paytm postpaid?
If yes could this affect my cibil in a bad way?
i too have paytm Pay later 3k, Flipkart 50k. & cc of 90+20+20 .
M thinking of Closing Paytm paylater.as & when i get 2-3 more cc approx 100+ limit . then after a year Gonna Close Flipkart. when my old Cc Will be 12-15 month old
 
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