Shared Limit Credit Card Effect On Cibil

[ihmahetar]

I have 2 icici credit card and limit 2.30 lakh with sharing limit and I found that cibil show different limit on both Card if one of card close and cibil utility ratio increase or not ?

 

[Anupama_Jha]

Yess, if you close any of the card, ur credit utilisation ratio will increase.

 

[Dr.Anand456]

If you close one of your credit cards, your credit utilization ratio may increase, which could lower your CIBIL score by a few points. It also depends on how many credit cards you have.