how to reactivate closed pay later account in CIBIL

[Mahirathore360]

I have closed my oldest Flipkart and Mobikwik account by mistake due to wrong credit advice and now my credit history shortened to just 1 year old because all active accounts are just one year old, because of that my cibil score dropped to 733. please help me , how can i reactivate my closed old accounts

 

[BeingIncog]

I have closed my oldest Flipkart and Mobikwik account by mistake due to wrong credit advice and now my credit history shortened to just 1 year old because all active accounts are just one year old, because of that my cibil score dropped to 733. please help me , how can i reactivate my closed old accounts

cibil will climb up soon

 

[Anupama_Jha]

I have closed my oldest Flipkart and Mobikwik account by mistake due to wrong credit advice

Wrong credit advice?

They are 💯 correct advice.

and now my credit history shortened to just 1 year old because all active accounts are just one year old, because of that my cibil score dropped to 733. please help me , how can i reactivate my closed old accounts

Be pateint, cibil is just an indicator and it's still good. U might face issues while online application, but wait few weeks and boom 💥

 

[Mahirathore360]

Wrong credit advice?

They are 💯 correct advice.


Be pateint, cibil is just an indicator and it's still good. U might face issues while online application, but wait few weeks and boom 💥

Wrong credit advice?

They are 💯 correct advice.


Be pateint, cibil is just an indicator and it's still good. U might face issues while online application, but wait few weeks and boom 💥

If i had not closed those pay later accounts , i would have long credit history and my CIBIL score would not have been dropped, so it was wrong credit advice to close them

 

[Anupama_Jha]

If i had not closed those pay later accounts , i would have long credit history and my CIBIL score would not have been dropped, so it was wrong credit advice to close them

Pay later accounts appear as loans or consumer loans in cibil.

Whenever u uses any limit, they creates new loan account in CIBIL. Now enjoy.........


And what's wrong in credit age? Suppose I have taken a card 10 yrs ago which is trash and has no use to me. I will happily close rather crying over credit age, credit age......

Ur cibil dropped for temporary, not permanent. It's no where visible after jumping up.

Now I can't make u understand more than it. Good luck with ur CIBIL....

 

[Mahirathore360]

Pay later accounts appear as loans or consumer loans in cibil.

Whenever u uses any limit, they creates new loan account in CIBIL. Now enjoy.........


And what's wrong in credit age? Suppose I have taken a card 10 yrs ago which is trash and has no use to me. I will happily close rather crying over credit age, credit age......

Ur cibil dropped for temporary, not permanent. It's no where visible after jumping up.

Now I can't make u understand more than it. Good luck with ur CIBIL....

well consumer loan doesn't work like that , they don't open new account every month but thanks for your advice

 

[harsh_ujjwal]

I have closed my oldest Flipkart and Mobikwik account by mistake due to wrong credit advice and now my credit history shortened to just 1 year old because all active accounts are just one year old, because of that my cibil score dropped to 733. please help me , how can i reactivate my closed old accounts

Once closed it is permanent. It can't be undone.

 

[Mahirathore360]

Once closed it is permanent. It can't be undone.

Sad for me

 

[harsh_ujjwal]

Sad for me

No need to be sad. It's a matter of time score will go up.
Even earlier I used to have amazon n Flipkart's paylater which I closed but cibil is 790+.

 

[Mahirathore360]

No need to be sad. It's a matter of time score will go up.
Even earlier I used to have amazon n Flipkart's paylater which I closed but cibil is 790+.

But they were my oldest account, now my cibil history has dropped to just 1 year old

 

[harsh_ujjwal]

But they were my oldest account, now my cibil history has dropped to just 1 year old

Keep your usage below 10%. Score will gradually improve.

 

[Mahirathore360]

Keep your usage below 10%. Score will gradually improve.

yeah thanks , i need loan soon so i have to meet the most of the CIBIL score terms and condition soon