Search in Indianmoney's WealthPedia

Do late payments and high utilization of credit limit have a negative effect on your score?

By IndianMoney , 1 year ago

Yes, late payments and high utilization of credit limits negatively impact your credit score. If you want to improve your credit score you must pay your bills on time and limit your credit utilization to below 30% of your overall credit limit.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!

This is to inform that Suvision Holdings Pvt Ltd ("") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.