Credit card limit issue

[raj164]

I have a idfc wow fd backed credit card which has a 10k limit I used 4.5k and paid 2k before the statement date to keep my utilisation below 30% but even after that it shows I used 42% of my credit limit .

 

[hitirfan]

I have a idfc wow fd backed credit card which has a 10k limit I used 4.5k and paid 2k before the statement date to keep my utilisation below 30% but even after that it shows I used 42% of my credit limit .

I guess statement generate pe mahi dikheyega zyada utilization.

 

[Skylar]

I have a idfc wow fd backed credit card which has a 10k limit I used 4.5k and paid 2k before the statement date to keep my utilisation below 30% but even after that it shows I used 42% of my credit limit .

Don't worry, as long as you are paying for it on time it won't affect your score much.
- If you are using more than 60% of your credit for more than 3 months then it will affect your score.
- I used 90% of my credit for buying laptop and it has no effect on my credit score as its one time.