Will Converting my Credit Card Outstanding affect my Credit Score ?

POSTED BY Anurag Srivastava ON April 5, 2014 10:22 pm ONE COMMENT

Hi all , I have made a purchase from my Credit Card .When I inquired from my Customer Care ,she told me that I have an option of converting my payable amount into monthly installments. I have two questions : a) Will it effect my Credit Score ,if I convert my payable amount into EMI’s b) What is the difference between selecting a Credit Card EMI at Merchant store and select a EMI from the Credit Card Company itself . Thanks !!

One reply on this article “Will Converting my Credit Card Outstanding affect my Credit Score ?”

  1. ashalanshu says:

    Dear Anurag, converting this purchase into EMI ‘ll not effect your credit score as it’s an offer to repay over the period in EMI. Please make sure that you are not charged interest with your EMI.

    Thanks

    Ashal

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