I am a distributer in agricultural seeds, pesticides and weedicides, varying different GST rates. I have customers who want to make payments via rupay, visa or mastercard credit and debit cards for which I use paytm to receive money but the issue is paytm charges upto 2% for credit cards. Since...
I made a purchase of 73k as a 24 months EMI using my credit card which has an 100k Limit. Now the EMI's per month will be approx 3.6k which is less than 30% of my credit limit but the total credit blocked from card is 73k which is roughly 73% od my credit limit. Will it impact my credit score?