Need suggestions

[shankargouda halakatti]

3 years ago I gave my slice account to my friend and he missed 8 emi out of 23 installments( he missed continue 3 months) and my score was 641 and he was left 800 rupees unpaid, I cleared that amount and I applied for new personal 5k loan and I paid 1st installment now my score is 751 ( spike of 110 points ) now I am scared will it drop? And please help me with this to get 800+ and tell me how I can increase my score cause I am applying for huge business loan.

 

[Manozharihar]

Best way to improve cibil get a secured loan or card and stick it 30% utilisation

 

[Personal Finance by Nish…]

Tried and tested ways to Improve CIBIL Score

Keep your credit utilisation ratio below 30%. This means if your credit limit is ₹1 lakh, try to keep your outstanding balance below ₹30,000

Check your credit report regularly to ensure there are no errors or discrepancies. You can request a free credit report from CIBIL or other credit bureaus

Avoid applying for multiple credit cards or loans in a short period, as this can negatively affect your score

Pay all your bills, including credit card dues, loan EMIs, and utility bills, on time. Late payments can negatively affect your score

Having a long credit history can positively impact your score. Consider keeping your oldest credit account active and in good standing

Pro Tip
Paying your credit card bill in full each month can help improve your score
Avoid negative marks on your credit report, such as late payments, defaults, or settlements
Prefer to go with secured loan and credit cards instead of applying for unsecured

 

[HisabiKitabiG]

Using 15-25% of credit limit is recommended.
If you uses a particular CREDIT ACCOUNT often, it weight will increase. Any spike in its usage will trigger lowering cibil score
Personal experience, my cibil dropped from 788 to 774 because of same