Does Applying Multiple Credit Cards HURT Your CIBIL Score? | Every Paisa Matters

[@EveryPaisaMatters]

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[@huzaifatamboowala]

A home loan is one of the most secured loans since it's backed by collateral (the property), making it less risky for lenders. Hence, the cibil score also increases on similar lines

[@chandru2kc]

@@huzaifatamboowala home loan, car loan n gold loan

[@SacchBolunga]

My cibil is 810, experien cibil is 890.. 10 year complete ho credit history ko, 253 emi/all on time, 3 credit card, one year enquiry 14 hai..

[@sibarampatra9512]

Mera 4 saal ka credit period he, 10credit card maintain karta hun, 5Lakh se jyada limit he, cibil 850 + he enquiry jyada he lekin aap on time payment ache se karoge or credit utilisation 20 percent se niche karoge to cibil badhega, or me koi job ya business nahi karta, aap again ache se finance ko management karenge to credit score badhega , dhanyawad 🙏🏻

[@chandru2kc]

Unemployed 😂

[@chandru2kc]

House husband?

[@abhinavmishra9738]

to cc lete time...kya detail fill krte ho aap..like...salaried ya self-employed...or income kya fill krte ho???

[@drsouvik_]

Home loan is highly secured in nature. In most cases, the bank can, not only recover the entire loan with interest against default, but also pay the remaining amount to the person back. Moreover, CIBIL would think, the person owns a house, which is an expensive asset these days, so it is quite probable that, the loan will be paid back.

[@yadavparas4729]

Simulation Part is very informative. Mine Current CIBIL Score 791 4-PLs Closed 1-PL Running 5-Credit Cards (Inc, American Express Travel) Not any single installment / Bill / Missed or delayed.

[@azizansari3794]

Home loan er Secure loan hai isi liye cibil improve hua sir ....

[@sushilbansal9041]

Sir, the CIBIL score has increased after taking a home loan of Rs 1 crore because the financial institute has fully verified your credentials and then honoured this home loan. Hence CIBIL recognised you as a more credit worthy person and increased the CIBIL score. Hope this answers the question. Thanks, Sushil Kumar Bansal, Bangalore

[@ashishverma3608]

Na loan chahiye na credit card To cibil score ka kya kare

[@anshi1313]

6:22 since it is a secured loan. It boosted the cibil score

[@Inadiandndjw79]

Thik is the best ❤️ video in cibil report

[@AshishSharma-sl1fb]

Thank for video 🎉🎉🎉

[@abexplorer1102]

Thank You Sir It's very Useful

[@AJAYKUMAR-oi9ft]

Wonderful video. I have a query. I have a secured credit card ( FD based), does the percentage utilisation of credit card applicable for secured or unsecured credit card or for both the card ? Kindly suggest.

[@PabitraSwain-u7g]

Credit Mix is the reason you got the bump when you simulated the home loan addition.

[@easymathematics555]

Home loan is a secured loan.and different types of loan mean secured as well as unsecured loans in cibil boost cibil score.... because credit card is an unsecured loans means if you have only unsecured loan or only secured loan that doesn't good cibil score treated you as a risky borrower

[@pleasantsumit]

Awesome brother. Lot of thanks to you. Valuable facts in precise wording without wasting time. No Bakwas. Other KZbinrs should learn the basic ethics of presenting the information from you. Again thanks to you by heart. Your presentation way is really impressive.

[@althafvly]

Credit mix increases scores. I only had credits card before. Getting a hdfc Debit card emi increased after they reported it as a consumer loan. Banks delaying to report also affects cibil score.

[@insaafkaro009]

Taking a home loan will show as a mix of credit in CIBIL so your score will go u, home loan being a secured loan

[@yashcenation]

Because of credit mix, you added a secured loan that improved your credit mix

[@KhalidAli-bn8cl]

🥰🥰🥰Bhai sahab itni achi video kahi nhi dekhi I'm subscribe channel ❤❤❤❤ like 👍

[@atrueindian1982]

With Home Loan you make your profile diversified so it impacts your cibil score positively and also it's a secured loan.

[@samarsaha5892]

Bohot informative video apka acha laga

[@jainaniket850]

Sir Make a video on your first credit how you get??

[@Shyamprakash29]

@@jainaniket850 just do a fd in super money app and get the credit card it will develop your socre in 1 to 2 month and it will you frist credit card so now enjoy don't apply for credit card for 6 month after 6 month apply any credit card i confirms you will get your frist unsecured credit card

[@mainakjana8398]

Credit mix is good for credit score. Only credit cards will not get you good credit mix, because they are unsecured loans. If you take a home loan which a secured loan against a property, credit score increases.

[@himanshup]

Where can I check my CIBIL report?

[@shivarajkshatri3333]

Sir bajaj finserv consumer limit jo dete hai Uska utilisation same credit card ki taraha use kare ya jyada v karsakte

[@nazarulafocuspoint2982]

Home ak secure loan h is liye q k mix loan account best mana jata hai.

[@David-vb1pw]

Konsi website k upar stimulate kiya!

[@blackcobra7118]

Taking loan on an appreciable growing asset,like home loan,plus one wil b establishing relationships wit bank in good terms Bank takes loan n interest on growing asset as high priority income , example if one defaults or gives up,the bank can take over the appreciated asset n put for auction n earn high Revenue. Hence taking loan in yr case over an asset shows:- Hi levels of responsibility,wch attracts yr cibil history❤..

[@skswapan2154]

Sir ression hai secure loan 😊 isi liya jiya da swo krty😊

[@shardaprasadprajapati391]

I have got swiggy credit card today. Can I again apply tata neu credit card?

[@sggaming4544]

Sir your video is very useful please tell where did you check all this report

[@EveryPaisaMatters]

On CIBIL website

[@sggaming4544]

@ please sir provide link

[@sggaming4544]

@ i am new I didn’t know that much

[@sggaming4544]

@@EveryPaisaMatters and sir does this checking credit score really impact our credit score?

[@EveryPaisaMatters]

I have already shared it with proof in video. I've been using CIBIL Dashboard to monitor my credit health. You can easily get started with my referral code: 3168F70E. Just sign up at www.cibil.com/referral and take the first step towards building a strong credit profile!

[@finishthegameyt3057]

Sir mera question hai ki cibil me kahi baar not reported ka symbol hota hai usse cibil ko affect hota hai kya? Bank 3 months ke baad report karta hai 3 months report nahi karta hai cibil me 3 months blank hai

[@BHUPESHBAGDE123]

Secure loan hone ke karan home loan lene par cibil score increase hota hai .my cibil score is 805

[@mahendrarathore360]

i closed my 4 years old credit card and my cibil history drops to 1 year and score dropped by 30 pointd

[@chandru2kc]

If u have multiple cc. It won't drop

[@mdibnain1931]

I had two crads Axis Flipkart and Amazon ICICI from one year. I have applied 15 credit cards from September to November Approved Axis Neo SBI Cashback HDFC Swiggy HDFC Neo plus IndusInd Rupay Platinum Super Money PNB platinum Rupay IDFC First Select Rejected Axis Ace ICICI Platinum chip Standard Chartered Super Value Titanium RBL shoprite (agent filled me as business man instead of salaried) In progress Yes Bank Select Bob premier card

[@Sahriyar94]

@@mdibnain1931 bro how many cc do you have

[@madhvisharma9947]

@@mdibnain1931 how to get Pnb rupay credit card?

[@vishnuviswanathap743]

Did your cibil decreased when you applied and got rejected?

[@immortal98X]

Bhai itne sare cards ka use kaise karoge?

[@mdibnain1931]

@@vishnuviswanathap743 by 20 points

[@soumyajitbasulive]

Simple. It’s a secured loan.

[@kanhaiya1713]

home loan lene se cibil increase hota hai reason kyuki vo secure loan hota hai 😊

[@dhruvagarwal541]

Kaunsa website hai ye

[@AKSingh0001]

Does credit usage is also reported to cibil. Like my limit is 5000 and then I spend 4500 and paid the amount after that again spend 1500 which is due at the time of bill generation. Here my credit utilisation is 30 % but my credit usage is 6000 which is greater than alloted limit. So does credit usage also show and impact on CIBIL or only shown credit utilisation.

[@EveryPaisaMatters]

I will explain this in one of the upcoming videos

[@AKSingh0001]

@EveryPaisaMatters ok

[@chandru2kc]

Ur bill generated only 1500rs 30%

[@k0u0s0h0a0g0r0a0]

6:20 Banks issue home loans after a lot of research. So, getting one means you are more credible.

[@surajhk31]

Recently when i checked my cibil report i noticed that HDFC wrongly updated as a late payment for my home loan emi which is anyway auto debited from my account. What action do i need to take in this regard?

[@SANCHITSOOD007]

@@surajhk31 raise dispute

[@srinivasmahi63]

Hiii sir I don't know when apply credit card that hard enquiry does before I apply I don't know I applied multiple cards 11 enquiries huatha applications also rejected. with that any prblm in future getting loan in banks like other financial offices but I regular user I paying any loan with in time plz replay me sir I just fear about it I do have one credit card

[@Wolverine_3]

Hi, After how much time I can apply for HDFC swiggy card? I have applied and got tata neu card in last week.

[@mdibnain1931]

You can apply it as a floater card with a shared limit

[@sagaryadav2453]

3 months

[@ankitdixithardoi]

secure loan ki vajah se❤

[@hrishabhjoshi5847]

Sir, I applied for HDFC credit card but was rejected as "we have tailored benefits to specific locations and your location isn't on the list" i have good cibil, salary but HDFC 1 km hi duur h phr Tata Neu card got rejected any idea?

[@rajdeepsharma8249]

Change pin code and try

[@hrishabhjoshi5847]

@rajdeepsharma8249 PAN to wahi h na, next 6 months apply krne hi nhi deta HDFC. Plus, there is hdfc bank just 1 km from my place (it is in my city) just maybe they have some other rules.

[@rajdeepsharma8249]

@@hrishabhjoshi5847 pan card adress se koi lena dena nhi or curunt address ka pin code h uske badle office / conpany address pe try kro ki vo range ander me aa jaye tbhi hoga otherwise to pin code is not serviceable this area or location isn't on the list hi so karega remember next time

[@manveersaini689]

Apne 1 crore dala to us say limt utilisation may diffrece aa gya aur 2nd reason home loan tha to secured loan hai yeh 2 reason k wajh say yeh

[@oxyrados]

Hi sir mera score 770 bhot long time sa and mera pas 4 credits card but suddenly iss time mujsa ek 3k ka credit card ka bil overdue hogya 5 din ka uska liya mera score 74 drop hogya 😭😭 yh thik hojyga??

[@ajeeshbabu.s2755]

OD account se koi fark padega h kya???

[@pranaynaiduveera]

The simulator doesn't work. I took a subscription just for the simulator and it showed the credit card enquiry wont change my score. So, I went and applied for the card and boom my cibil dropped by 1 point once and 3 points once.

[@EveryPaisaMatters]

Have you seen my complete video? Did you see my journey?

[@pranaynaiduveera]

Of course, I did. My comment was about the cibil app itself.. the simulator it has in it is not to trust at all. It might simulate that taking an action like applying a credit card (credit enquiry) won't affect my score at all but in reality, the score does dip.

[@shamsheerneshla2397]

Very good video sir mujhe hdfc ka cc chahiye magar apply kar ne ke Baad reject ho ra ha hi credit score acha hi

[@Co_Common]

@@shamsheerneshla2397 sir kya apko credit card chayai

[@yogeshshewale2]

Home loan is secured loan and credit mix increase CIBIL score

[@VinodkumarSingh-t4q]

sicyor loan hai home loan isliye bada cibil

[@Homelandervijay]

No snap score only Cibil score ❤

[@TTECCHYY]

CIBIL and CRIF report show completely different

[@azizansari3794]

Home loan ek secure loan hai isi liye cibil up hoga 😊

[@Sandeep-zd6dq]

Which website are you using to get this simulation via current cibil score?

[@EveryPaisaMatters]

Official CIBIL Website.

[@kabiruddinnoor8140]

Because Home loan secure Loan.

[@sabhazulla2706]

Jo loan bank ka paisa recover karne ke liye aasaan rehta hai, uska CIBIL score badhega.

[@riyapubgmobile5937]

Aapka sahi hai sir hamara to ek soft enquiry pe 15 se 20 score gir jata hai

[@rpawankumar]

Credit score never falls on soft enquiry

[@AbhishekSingh-q3y]

Phone mil gya toh kuch v jhut bol do

[@ABHISHEKKUMAR-dx8go]

@@riyapubgmobile5937 aaisa kush nhi hota

[@FearLessAssult]

Maina 10 din ka andar 4 card apply kiya 2 approve ho gya hdfc and indusind ka icici ka abhi processing ma hai and Idfc mera pincode par card nahi deta

[@anilmukka2845]

@@riyapubgmobile5937 soft enquiry karthe kuch be nai hothe

[@mohmadsohelpathan438]

Mene is month 6 credit card apply kiye cibil 7 point kam huaa aur 4 approved hue

[@maddu-de8744]

Bhai kya karte ho aap?

[@goudapatil9582]

Credit card enquire s karnese mera cibil score come hogaya sir

[@dalvirrawat4214]

क्यूंकि होम लोन एक सेक्योर लोन होता है, इसलिए सिबिल स्कोर बढ़ा है

[@yogeshgajare1094]

If applied for another credit card Within 6 months...most of the time application get rejected. Please tell more about this....

[@NitishKumarPatra]

I applied for 3 credit cards within a month. All approved.

[@SandeepKumar-xt7sp]

​@@NitishKumarPatra this month, i applied for two card and both rejected. Although i already have 2 cc. Btw Kaise apply kiye rhe? salary or business income ke basis pe?

[@NitishKumarPatra]

@@SandeepKumar-xt7sp I think all of my cards got approved because i had not made any credit card inquiries in the last 6-7 years.

[@atharvabaperkar08]

@@SandeepKumar-xt7sp salaried, enter recognised company and annual income minimum 6L+

[@abhishek8243]

@@NitishKumarPatra how did credit score changed during that month ?

[@growing3105]

Kuch Ghanta fark nahi padta.

[@Tanjim73]

Secure loan

[@rakeshbishnoi1092]

Home loan bharna padega nhi to gar jayega,ishiye bda

[@needhelp648]

Mera toh 796 hae 😅

[@nazarulafocuspoint2982]

Home ak secure loan h is liye q k mix loan account best mana jata hai.