Credit Score Dropped

[MrPanchal]

I closed my 4 year personal loan account and today I check my cibil score report.. my score drop 46 points.
How much time it's take to recover I am in very panic situation.

 

[HisabiKitabiG]

It is experian, Very Volitile.
Cibil may not have this high impact.

My experian dropped 790 to 742 just because of High Credit utilization of one card.
You shall check Cibil
It won't have much impact.
If impact is off 10-15 points it will get recovered within 2 - 2.5 months (Cibil)

 

[hitirfan]

CIBIL usually increases by closing loan.l especially unsecured loan.

 

[MrPanchal]

It is experian, Very Volitile.
Cibil may not have this high impact.

My experian dropped 790 to 742 just because of High Credit utilization of one card.
You shall check Cibil
It won't have much impact.
If impact is off 10-15 points it will get recovered within 2 - 2.5 months (Cibil)

Thank you sir
Me bahut panic ho gya tha kuch nhi kia or सीधे 46 point niche.
Aapka kitne month me recover hua ?

 

[HisabiKitabiG]

Thank you sir
Me bahut panic ho gya tha kuch nhi kia or सीधे 46 point niche.
Aapka kitne month me recover hua ?

Experian now started recovering after 3months (754now)

Cibil 785 (from 774 in Jan Mid) (788 in Dec)