About credit lines showing as a loan in cibil report.

[gauravg123]

I have some credit lines like UNI PAYCHECK, Simple, lazypay. This credit lines are showing in my cibil report as a loan. Will this affect if I go to apply any loan in future?
Like my loan application will reject because of this?

 

[raj..]

I have some credit lines like UNI PAYCHECK, Simple, lazypay. This credit lines are showing in my cibil report as a loan. Will this affect if I go to apply any loan in future?
Like my loan application will reject because of this?

Yes this credit lines apps or paylater apps will report as personal loan or consumer loan to the credit bureaus.
If you pay on time they will increase your credit score and chances of getting loans will be heigh, but keep utilization low.

 

[zacobite]

I have some credit lines like UNI PAYCHECK, Simple, lazypay. This credit lines are showing in my cibil report as a loan. Will this affect if I go to apply any loan in future?
Like my loan application will reject because of this?

they will show like a credit card.. with a limit..

 

[ritikpatel]

Credit lines like UNI, Simpl, and LazyPay appear as loans on your CIBIL report and can affect future loan approvals if overused or repaid late. Timely payments and low credit utilization help maintain a healthy credit profile.