Hi,
I checked my cibil score on 31/12/2013 which was showing 776 On 15/02/2014, i again checked with my score and now it showing 751.
Whereas i had a total outstanding of 1.5 lacs on credit cards till 24.12.2013 and i paid all credit card outstanding on 30.12.2013 and none of them i settled.I paid the full amount.
Now one of the credit cards of Citibank is showing that the amount has been fully paid whereas Standard Chartered and ICICI have not yet updated the status.In between my car loan and personal loan has been also paid on time.
I will be needing a home loan of approx 14 to 15 lacs in the next 1 month. My query is why did my score suddenly fall by so much in so less days and is 751 score is good enough to get a home loan
thanks
S biswas