Hi Geeks,
I have couple of queries related to Credit card EMI w.r.t CIBIL score.
1) If the credit card limit is 1lakh and utilizing upto 90 % in anyway decrease the credit score?
2) And I take 5 Credit card EMI in my credit card, Will this be accounted as normal loan and are there any chances of degrading CIBIL score?
Please throw some light on this.
Thanks,
Kirubakaran