Hi,
I have a small query and need some feedback on that.
With incerasing Credit Card frauds, I was wondering if reducing the limit of credit card would affect the CIBIL score anyways. I have a credit card from SBI with a limit whcih I am not utlising to full anyways and sees that won’t be using in long term future as well.
If I place a requets with bank to reduce my credit limit for safety, will that be reported to CIBIL and affect my credit score either positive or negative, or it will not affact the score at all.
Regards,
Ashish