SankeshPai
KF Ace
Hello Guys,
I have a doubt on CIBIL score. I have 5 cards, few of them are LTF cards which I had applied for sales during flipkart n amazon(like icici and kotak).
I have read that it is necessary that we need to keep on using our credit card, atleast 2-5% of the limit otherwise the CIBIL might get affected. Is it true?
If yes, do i need to use each card, like all 5 cards each month in my case? Do i need to use 2-5% for each of my cards every month or any 1 card will do? And do i need to use it every month?
I have a doubt on CIBIL score. I have 5 cards, few of them are LTF cards which I had applied for sales during flipkart n amazon(like icici and kotak).
I have read that it is necessary that we need to keep on using our credit card, atleast 2-5% of the limit otherwise the CIBIL might get affected. Is it true?
If yes, do i need to use each card, like all 5 cards each month in my case? Do i need to use 2-5% for each of my cards every month or any 1 card will do? And do i need to use it every month?