CIBIL Score Decoded.. Sort of

[ShavirB]

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Shee

 

[17ysaurabh]

I just gave it a try.

• When I added all the lower limits of points for the various factors, my CIBIL score came to 685.
• When I added all the upper limits of points for the various factors, my CIBIL score came to 770.

My actual CIBIL score is 771.
It matches with one of the two. So, kudos to the team!

Feedback: I think the credit score prediction range (the difference between lower and upper limits) should be less.

 

[ShavirB]

Will keep iterating as we receive feedback from multiple users

 

[प्रफूला_56]

What does adverse comments mean here ?

 

[hoodedRobin]

Just tried it.

Score according to this sheet (all ceiling values) 670.
CIBIL Score via Onescore 806.

Nice idea, keep it going.

 

[Ganesh_Shinde]

``I tried for me, actual CIBIL score - 743, below are inputs and output.

With lower score range - 690
With Higher score range - 760
With average score - 725.

 

[ShavirB]

Just tried it.

Score according to this sheet (all ceiling values) 670.
CIBIL Score via Onescore 806.

Nice idea, keep it going.

Score with upper ceilings?

 

[hoodedRobin]

Score with upper ceilings?

yes

 

[gurpalsachdeva]

I had 24 delayed payments home loan payments around covid - the last being in august 2021. Post which I have streamlined & closed the loan in August 2022 as well. My credit usage as per latest cibil report available on gpay is 28%. Credit mix is 15 cards and 6 loans. There have been 2 enquiries.

Post August 2021 - all my payments have been on time but my cibil is only 761 and my credit card applications keep getting rejected. Request please hellp. Thanks

 

[bekifatsharma]

Upper score 745
Lower score 670

Actual scores
Equifax : 745
Cibil: 780
Experian :777
Upper better than lower

Feedback:
1. Shorten the gap range
2. Automatically add all entries and give result in next column
3. Give upper and lower limit result
4. Or perhaps have a check option than all entries for quick score
5. Explain what do you mean by "No record". Reports are not really clear about it

 

[bekifatsharma]

Will keep iterating as we receive feedback from multiple users

CC record
Could you explain why is "*" (not reported) for 4 times and for rest of so many yrs is "000". All minimum payments always on time
In legend, it says "000" means current account. "*" means "data not reported"
Why would bank not report for 4 times when CC record if for 5+ yrs

 

[vishalprakash]

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Shee

Calculated score- 640, actual score on CIBIL- 777

 

[rajiblayek]

Can you explain what do you mean by no of different credits ? I have home loan, Credit Card and Amazon Pay Later. Does it count to 3 irrespective of total number of credit cards?

 

[ShavirB]

Can you explain what do you mean by no of different credits ? I have home loan, Credit Card and Amazon Pay Later. Does it count to 3 irrespective of total number of credit cards?

No, each Credit Card is counted as different credit

 

[azara7367]

Can you explain what do you mean by no of different credits ? I have home loan, Credit Card and Amazon Pay Later. Does it count to 3 irrespective of total number of credit cards?

1 Credit card(s)
1 Home loan(s)
0 Vehicle loan(s)
0 Personal loan(s)
1 Consumer loan(s)

 

[Shinigami]

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Shee

this doesnt work at all.
cibil isw out of 900
my current cibil is 792

based on the excel.
minimum is 815
maximum is 915

 

[dg1]

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Sheet

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Shee

Zero utilisation of the credit limit is also bad

 

[vnctr]

Few days back our team was on a mission to DECODE the exact formula for computing CIBIL Score. Although we couldn't crack the exact formula, but we have figured something which is a close estimate.

We've tested this formula on 20-25 different people and the results were shocking close. Attaching this sheet so that other folks get a better understanding of exactly what goes on in your CIBIL Score.

Let me know a comparison of your actual CIBIL Score and Score computed from this Shee

finally someone did it. really does put some sense into this system. Thanks for this!
One question though. the Credit Utilization section, is this on average for all the cards or each?
Example if i have 4 credit cards and i use 2-3 of them mostly and maybe its 0 for remaining ones how will this affect?