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Massive CIBIL Drop - Strange

Zacobite

TF Legend
VIP Lounge
CIBIL dropped from 811 to 769 with one Home Loan enquiry.. I had checked simulator and it didn't show any drop.. Quite surprised.. Hope it bounces back!! anyone else has experienced this??
 
Last edited:
CIBIL dropped from 811 to 769 with one Home Loan enquiry.. I had checked simulator and it didn't show any drop.. Quite surprised.. Hope it bounces back!! anyone else has experienced this??
Have you recently chosen EMI option on any card?
I have personally experienced this, where my credit score dropped slightly after I opted for the EMI option.
 
Have you recently chosen EMI option on any card?
I have personally experienced this, where my credit score dropped slightly after I opted for the EMI option.
That only affect credit utilisation ratio
Don’t worry, it will be back to normal very very soon , possibly within days, assuming nothing else has changed
Trueeeeeee
 
That only affect credit utilisation ratio
However, my credit utilization ratio was still at 21% and my score dropped from 757 to 743.

Notably, in the last three months, there have been only two inquiries and one new account added. Credit age - 4y6m
 
Don’t worry, it will be back to normal very very soon , possibly within days, assuming nothing else has changed
yes.. hope so tooo.. looking for HL... now rethinking if i shd explore any other bank.. cant afford another hit.. quite surprised with this drop
 
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