Change in Credit Score – How Often Does it Happen?

The change in the credit score depends on your credit-related activities. If you are applying for loans and credit cards frequently, the lenders would keep doing a hard credit enquiry. This would bring a change in the score in proportion to the frequency of the application made by the borrowers. Lenders, for instance, report individual’s repayment track to CIBIL every month. The credit bureau studies the repayment track thoroughly before making a change in the score or maintaining the status quo in about 30-45 days from receiving the report from lenders. So, if the score does change, you can expect to see an updated credit score in a maximum of 60 days.

People Also Look For

People Also Look For  Should I Prefer Axis Bank for a Personal Loan?

Leave a Reply

Your email address will not be published.

Personal Loan Interest Rates September 2023
Fullerton India12.00% - 24.00%
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates September 2023
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.85% - 9.40%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%