850+ credit score in 30 days | Money Psychology

[@Zero1byZerodha]

Check out Zero1 Women : www.youtube.com/@Zero1women/videos Zero1 Hindi: kzbin.info/door/s2y3vIjRJG46v16kgVv_bQ

[@AnshulKumarPandey]

Paying credit card bills 10 days before they are due is a useful tip. My credit card bill is due on the 28th of every month. Once, I forgot to pay the bill - this was very early in my financial journey. My credit score tanked from 750+ to barely above 700. Lesson learnt the hard way. Will implement this tip to stop any such mistakes in the future!

[@kaputo9778]

Your videos remind me of good old shows that educates and still has a lot of personality in it. Keep up the great work!

[@Zero1byZerodha]

Your comment made our day ❤ Kudos to the team :)

[@gopalsinghrathore1346]

which shows r u talking about. pls name

[@OmNamoShivay7]

Quality content it is

[@molivia.]

My dad's cibil score is down only because he took loan from CITI BANK, which is now merged with KOTAK MAHINDRA BANK. Now, every time they (KOTAK BANK PEOPLE) call to repay the loan. He tells them he already paid it then why your bank people calling repeatedly. 😤 Its been 10+ years he payed the loan with interest. He have documents to prove that he already had paid the loan. It not only happened with him, but with multiple people.

[@iSaurabhSri]

@@molivia. Do one thing, lodge a formal complaint with Kotak bank via email to mark the loan closed from their end. If they fail to do so in one month, you can launch complaint in RBI ombudsman

[@anudeepdesai]

Reach out to higher authority, like RBI ombudsman, or customer court, just talking to them doesn't help

[@HOPE_11]

Go for a court case

[@venkatapothineni2131]

Merged with Axis not kotak

[@skjumayel555]

1. Did your father take NOC from the bank? 2. If not, that's why they are calling your father. 3. If you don't know what is NOC then search in KZbin.

[@deypritam]

I missed the intro video for this...come on guys...we love that

[@Zero1byZerodha]

Roger that, today’s video will have it!

[@animexart1]

Best show for people who wish to change their Life.

[@anggubiakhlua]

Best financial literacy channel i have ever seen

[@divyansh7228]

the 30% Utilization is true, i have faced it first hand. One thing that I also noticed was that it has to be 30% per card and you cant just add all the card limits and calculate 30% of that. I have 2 CC with 5 lakh each limit but when I spent 2.2 Lakh on one of my CC, my score dropped by 30 points that cycle. Reason being over credit utilization. Be aware of this small detail.

[@sahilchauragade]

6:36 is the answer 🙏🏾

[@teluguawareness973]

We can check with multiple banks within a span of 15days, it's considered only one hard check and won't impact score

[@Anandlivingcool]

You guys are putting soo much effort🔥🔥🔥

[@hemangpatel1114]

It's awesome information. Much needed for this era where everyone is loaded with leverage. And this video is much informative so that 70% of problems can be solved by them. Wow awesome

[@MrVinaykaushik]

very very very useful stuff. I watched 3 in a row

[@rahulvashist1102]

Folks please make a video on how to close the cards and when to close the cards, the order in which the cards should be closed for someone for example who has 10 cards and wants to close the extra cards please. As even the closure would have impact I assume!!

[@the_bearded_boxer]

I had 4 cards in the past and I closed all of them within 6 months & now after 1 year my score is 820ish. So, what I did was Find out which card had the highest interest rate and I decided to pay it off first but suppose the amount of all cards are more than your monthly salary and your whole income is going towards replayment what you can do it take a personal loan of the combined amount for all (eg: you have to pay 2lakh for your credit cards) the interest rate for that might be around 15-16% (Take it from banks only not apps they charge very high amounts). Pay off the credit cards and close them on the spot closing highest interest rate one first. Keep 1 card with lower limit open. That way you will be able to close the cards and get out of debt cycle. You will have more free money with which you could prepay your loan faster. And yes, you will see temporarily drop in your cibil score.

[@ramavathmanikanth3367]

I really like the ideas of keeping abshiek as beigner, he relates me more

[@singhved99]

Huge fan of you man Varsity

[@Zero1byZerodha]

Thank you 🙌

[@anuvabsaha5317]

Excellent video!

[@zubershekh3989]

Keeping making videos bro. Amazing

[@ManOfCulture25]

CHECKLIST IS JOHN CENA

[@Krishvi_ACHU11]

you cant see me,

[@SajalKedia]

But I can see it! 😂

[@ManOfCulture25]

@@SajalKedia you are late so enjoy

[@ManOfCulture25]

@@only_Anjani you are late so enjoy

[@MrVinaykaushik]

Checklist : How to improve your credit score? Here are a few key tips to keep in mind for improving your credit score: Open credit A/cs only when necessary Diversify credit types over time Make timely payments and do not default Keep credit card balances low & CUR less than 30% Check credit reports often to spot errors

[@SuryaAshte]

Thanks for sharing such obvious but important info.😀👍

[@shubh-kr]

Information is the main theme but Bloopers is the best part.

[@Zero1byZerodha]

💯

[@bhaskar4372]

Very well discussed topic! Thankr you guys

[@Zero1byZerodha]

❤❤❤

[@yadwinder17]

Liked before watching

[@Zero1byZerodha]

Thank you 🙌❤

[@rahulkonda2492]

❤ Nice video!

[@kushaltalukder2929]

Hey Abhishek and Team of Zero1, your videos on Personal Finance are eye openers...could you also teach something like Technical and Fundamental Analysis of Stocks...it would be very helpful. Thank you ❤

[@techtick9]

This is a very helpful video. Thank you!

[@Zero1byZerodha]

Thank you 🙌

[@arvindhramanna5428]

Useful episodes, highly appreciate your efforts. Where can i find the checklist?

[@Zero1byZerodha]

Happy to know that you found this episode useful 😊 You can find the checklist in the video description 👆

[@samarbirua8740]

A detailed explanation. Good job.

[@Zero1byZerodha]

Thanks a tonne ❤

[@cleyondsouza8216]

Man, credit card offers, I'm grateful to tata and hdfc bank for tata neu

[@SmileeeRaj]

Valuable information

[@vivekvs1992]

The CUR... Is it split across the cards? Or do we need to look at each card separately?

[@shreyasingale]

It's like they already know what I want to watch next...

[@Zero1byZerodha]

We know…. 😬🫡

[@inderjeetsingh5382]

Another masterpiece

[@pradipbhattacharyya3968]

I love this!

[@Zero1byZerodha]

Thank you 🙌

[@manoahjohnson7003]

Great videos!

[@AmanSingh-pq4rf]

Very informative!

[@satishsegu5383]

Your videos are great but I still feel there is a kind of lagging. I do understand the background story is needed but still A-Z details are not required. May be worth to think on this 🙂

[@Zero1byZerodha]

Hi Satish, thank you for sharing your thoughts with us. We’ve passed on your suggestion to the content team.

[@arindamdas2274]

Amazing content!

[@Zero1byZerodha]

Hey Arindam, thanks for you love. Stay tuned 🙏

[@vicky13832]

Heys guys , Great video. Great efforts for letting others to get aware about Credit 💳 . Make videos on real estate, Black Money, a company named "Black Rock"(very less known how it works). Etc... Etc...

[@Zero1byZerodha]

Glad that you liked the video 😇 Expect an episode on real estate investment soon. I'have passed on your suggestions to the content team.

[@vicky13832]

@@Zero1byZerodha 👍

[@BharathJain21]

How to “earn” money from your expensive transactions? Disclaimer: Risky as it involves equity Want to buy a phone worth 60k? Take a no cost emi of 6months Invest the balance money in etf/index fund I.e 50k Setup an SWP (systematic withdrawal plan) to get 10k every month Earn a little bit of extra money for the transaction you were anyways gonna pay fully Assumptions: no cost emi is available and you have the complete amount in your bank at the time of converting into emi You may just earn 1-2k on this transaction

[@mohitgupta153]

Thanks for putting up this awesome video. Could you please also explain how pre-closure of personal/car loan would impact CIBIL score ?

[@ujjwaldeo]

What is a Good credit score for different purposes?

[@tinarai2248]

Another Great Video

[@Zero1byZerodha]

Thank you 🤝

[@Banrikupar100]

For checklist pause rhe video at 7:54

[@Zero1byZerodha]

Alternatively, visit the video description and find the link to checklist :D

[@GJ25Arjun]

Nice to explain about credit and cscore

[@Zero1byZerodha]

Thanks for your love ❤

[@thejas007]

Guys, where's the checklist? Its not uploaded

[@Zero1byZerodha]

Hey, it's there in the description above

[@NishitPatelarch]

@@Zero1byZerodha No sir, it's not there

[@Code_dreamers]

Bro, they have added the link to checklist. Look carefully

[@user-lj8kf8tu9h]

Same issue here as well. I can't open this file when clicking the checklist link.

[@user-lj8kf8tu9h]

now okay

[@vigneshramanathan6108]

Wonderful video guys ❤ thanks for hard work I think you guys forgot to add the check list can you pls add it

[@Zero1byZerodha]

Hi Vignesh, thank you so much 🙌 The checklist is updated right there in the description

[@ilordepic]

Cool epic video thanks

[@trishulsinghchoudhary1907]

What if someone doesn't use credit card or has never taken a loan. What should he do ? Is a credit score mandatory to get loan?

[@MrKowsik]

Yes. Get a card

[@har_har_mahadevji2537]

THANK YOU SIR

[@jungletraderbee]

Very good!

[@Zero1byZerodha]

Thank you 🙌

[@kowshiknaidu283]

Check list, pani mei gaya, chapak 👏👏👏

[@Zero1byZerodha]

It's in the description above 👆

[@rohitr611]

Have never taken a loan or credit card, which means my score is -1. What to do in this scenario pls make a video on this.

[@vikashvk7196]

Apply for any pay later feature like Flipkart pay later or you can take secured credit card or loan from any bank.

[@Crossbeat6565]

Can you guys make a video on how to access credit report and also how to read it?

[@nishantraj7498]

NICE !!

[@rishushrivastav4591]

MYTH : checking credit score will not affect your cs, tho i did not know about hard & soft checks thanks for that.

[@narayananmmenon339]

I somehow got into this loop. I have over 8 CCs. But I track and oay them off all in time and in full.....atleast benefits are nice

[@youtubeparvesh5548]

Actually same thing happened to me before I took loan of just 4000 which was disbursed by 2 lenders which I didn't know i payed all emis on time but when i checked my cibil score it adversely affected my credit score which was said to be overdue for more than 6 months

[@vishnuv12_30]

Thanks for the cibil link

[@Zero1byZerodha]

🙏

[@amitgautam06]

Thank You

[@snehan3430]

Your info Made me subscribe the page

[@SASXec]

How can I resolve or remove a credit score impact caused by fraud? The incident occurred four years ago, and I have already sent numerous emails and filed a police complaint regarding the matter. However, the issue is still reflected as pending on my CIBIL report. Why is this happening?

[@simonandrews5256]

Thank you for the wonderful video sir. I have a question regarding the 30% rule: Let's assume I have only 1 CC with 1 lakh limit. So rule says I should only take out ₹30000 on January. Can I take out multiple transactions, each less than 30000 but total more than 30000, provided I pay one amount back before taking second loan, all in January? For example: On Jan 5 I use CC for ₹20000, on Jan 7 I payback ₹20000, on Jan 9 I take ₹25000 and I pay back ₹25000 by Jan 11. Does the above example adhere to the 30% rule? Thanks in advance for the help Sir 😇😇

[@SalmanKhan-fv8vh]

Yes Bro, You do - Banks report only the month end numbers Hence you will face no issues

[@sumanth6000]

Hello.... Pls make a video on how to write to CIBIL regarding closed credit cards and closed loans, thanks in advance

[@anindya.ch1]

Great video..

[@DocK-i6l]

Please do video on how to pick stocks . Im a 24 year old female from science background, trying to improvise. Kindly help out

[@noeljose]

My score in Experian and CIBIL are very different. In CIBIL I have 780 and in Experian I have 611. Now days there are multiple agencies and it is difficult for an average person to figure things out. can you make a video on this?

[@shivachitti5274]

I am not sure, you are correct on 30 % CUR of all limit combined... I have 5 credit card of 5 lakhs each and i just 4 lakhs on 1 credit card.... And cibil tanked 20 points... so I think cur 30 % per card limit is ideal way.

[@saikirangajawada8703]

What does diversifying credit type mean? What other credit types are available for short term with zero interest(when paid on due date) apart from credit cards?

[@Zero1byZerodha]

Diversifying credit types means using different kinds of credit, like loans and credit cards, to improve your credit score. The idea is not to take excess of unsecured loans. Besides credit cards, you can consider options like store financing or "buy now, pay later" services, which offer zero interest if you pay the full amount by the due date.

[@saikirangajawada8703]

@@Zero1byZerodha Thanks for the reply. Currently or in the foreseeable future, I do not require any loans so asked the question. Somehow in India store financing is linked to credit cards or very few offers it and difficult to find it. BNPL, I will explore it.

[@krunalsisodiya]

Could you please create a video on proprietary trading, including an overview of its advantages and disadvantages?

[@Danielkrest]

he is the college senior bhaiya we all wanted but never got

[@Zero1byZerodha]

Ab mein aagaya hoon deinfluencing army!

[@BHAUFREE]

*Make vide on Investment strategy of Monish Pabrai*

[@vishalnath8285]

does pay later policies affect credit scores?

[@AnimeRecapInHindi]

Yes they are basically loans/credit cards itself...it will affect you credit score of you use too much or dont pay back on time.

[@luhaarunk3085]

Previous video ke baad bhi Abhishek ne iPhone le hi liya 😂

[@Zero1byZerodha]

He was about to buy the latest iPhone, but after watching that video, he reconsidered and decided to stick with his two-year-old iPhone and not get the latest one without saving for it 😁

[@luhaarunk3085]

​​@@Zero1byZerodha Still paying EMI (in the video opening) for 2 year old iPhone? 😁

[@YashwanthMedia-n4p]

please make a video on how to select suitable credit card, is a credit card needed to one? who should use it,

[@Zero1byZerodha]

Hi Yashwanth, thank you so much for sharing that idea with us! It’s a great topic, and I’ve passed it on to our content team. Really appreciate your input-stay tuned! 🙌

[@YashwanthMedia-n4p]

@@Zero1byZerodha omg didnt expect this woooo eagerly looking forward for the video....🤩🤩

[@akvith]

What is the difference between experian and other credit scores? What if I have never taken a loan or credit card?

[@mohd.arbaaz2954]

Great❤

[@kurumbayil]

Checklist?

[@Zero1byZerodha]

Hey, it's updated in the description above. Can you refresh once and check?

[@jainulabudeen3]

I have a habit of preparing the credit card debts, like right after I use it I send the amount to credit card. So I never kept track of bill date or last payment date. What impact does this have in my credit score?

[@vyshago5634]

Sir my credit score is already low (600) as I missed some EMI's, Now I have cleared all dues and don't have any loans now. How can I increase the score now?? Please answer 🙏🙏

[@KushOnTheRocks]

@4:38 - Yeh Abhishek to Memory supplement khilaayiye nahi toh mujhe apne videos mein lijiye!! Last to last video mein isko aapne Credit Card Debt Cycle and Apple Effect samjhaya tha.. 2 videos later he is saying “hogi kuch”! Bad student Abhishek! 😅😂

[@anilbhandari117]

Build algorithms

[@vasanthrex]

Is the video English or Hindi

[@kesavan__ak]

Paying before bill generation will increase credit score?

[@arunkurian9367]

Nah it doesn't apparently

[@soumsgaming238]

Mera 782 cibil score hain abhitak 800+ nahi hua even after following 4C's

[@Harry_itsme]

06:35, that`s what is the ultimate truth.

[@HardikBaraiya-k4w]

I Can See My Credit Score Via Google Pay Is That Okay!

[@Zero1byZerodha]

Yes, that's absolutely alright 👍

[@Morning_prabhat]

I am facing an issue like in my credit report there is showing multiple credit cards which are not taken by me with high utilisation which is leading to a decrease in my credit score. I spoke to my bank regarding this they are saying I don't have such credit cards with my account.What to do in this case?

[@AbhinavY-qi5nq]

thanks

[@Zero1byZerodha]

❤

[@xcvnnn]

10 day before? Why? if we pay on time is it not good?

[@tanmaykadam0304]

If we utilised more than 40% and paid 10% off as soon as bill is generated will it count as 30% utilisation or 40%?

[@boregowdag1064]

30%

[@phoneix8309]

Every bank has a different fixed date for that .

[@jeeiee_com]

Not fair. Vijay mallya & gang got loan w/o hard check!!!

[@Zero1byZerodha]

🤐

[@akshaynarwadkar5264]

Thanks

[@a.j.l.____8165]

Credit scrore VS CIBIL score

[@Agent-qw1gc]

Impressive!

[@Zero1byZerodha]

Thank you ❤

[@lonewarriorind8617]

Credit Utilisation is total of all credit cards or each card, I have 6 cards & total available limit is some 20 L, Should I consider 30% of 20L or just each card ka 30 %

[@vengadakrishnanrajap2606]

which cc is best ?

[@anirbandas9780]

Indian Bank

[@bharathk6058]

I have a doubt, there are these spend limits in icici bank and I guess other banks offer too. Anyways, if my offered limit is 7lacs and I took that but I kept the spending limit at 20%. Now if I use the entire 20% of it. It will show that available credit limit is 0. This shouldn't effect the credit score, right? I think the spend limit is exactly for this purpose but I want to confirm. As it kinda makes me anxious when I see thar it mentions my available credit is too low

[@AnimeRecapInHindi]

Yes it will not affect it...that is the reason why the spend limit is there in the first place to keep yourself in check. You can increase it to 30% if you really need it but 20% is actually really good.

[@Ranu8299]

Thanks really

[@kaushalwaghela429]

Do onescore app provides soft check or hard check?