Hey folks,
I am a student and almost a year ago I signed up for Amazon Pay Later to start my credit journey.
I have built a decent score of 757 and recently applied for an Amazon ICICI credit card which was approved.
I was now thinking about closing the pay-later facility since it essentially is a consumer loan, as mentioned in my CIBIL reports which I don't want to be associated with my credentials further.
How will this affect my credit score and should I proceed with this?
My goal is to further build my credit score to 800+, and I wanted to understand whether this would negatively impact my credit score in the credit mix section in the long run.
Regards
I am a student and almost a year ago I signed up for Amazon Pay Later to start my credit journey.
I have built a decent score of 757 and recently applied for an Amazon ICICI credit card which was approved.
I was now thinking about closing the pay-later facility since it essentially is a consumer loan, as mentioned in my CIBIL reports which I don't want to be associated with my credentials further.
How will this affect my credit score and should I proceed with this?
My goal is to further build my credit score to 800+, and I wanted to understand whether this would negatively impact my credit score in the credit mix section in the long run.
Regards