Hack to Improve Credit Score if you messed up!
ฝัง
- เผยแพร่เมื่อ 6 ก.ย. 2024
- What is Credit Utilisation Ratio?
🔸Credit utilization is the percentage of your total credit you're using, also known as amounts owed. Your credit utilization is the second-most important factor of your credit score (behind payment history), so it's therefore essential to learn all you can about maintaining a healthy ratio. The general rule of thumb is to keep a credit utilization below 30%.
Formula:- Money Spend/ Total Money Available × 100
For Eg. - You have a CC with limit of ₹1,00,000
- You Spend ₹15,000
➡️Ratio would be:- 15000/100000 × 100 = 15%
The more outstanding balance you carry on your card, higher will be your credit utilization ratio. So, if you are revolving outstanding balances from previous billing cycles, get rid of them first and then work on improving your credit score.
The Hack here is really simple. Just pay the bill before your bill statement gets generated. i.e ideally your due date is after 20 days when your bill gets generated.
This will not spoil your credit score as the report is been sent to the bureaus after your monthly statement get generated.
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#creditcard #creditscore #moneytips #moneymangement #personalfinance #tejasjoshi #finance #creditbureaus
Sala itna knowledge toh college mein bhi nhi milta 😮😮 bhgwan tumhein 100 saal ki aayu de bhai
explains with a smile sudden starts crying😭😭😂😂
Thanks for information and really your videos are so Helpful keep growing ♥️
Thanks brother i think due to this problem my credit score down.
Bro your Videos Provide Unique Info in Comedy Way. It's is Fun To watch u. Keep Growing Bro,❤️
Thank you because i also used full amount of cc
I have never spend more than 5 % sometime I spend around 10 to 20%. My credit limit is High, but need to be careful 😅 🙃.
That transition from explaining credit limit to whining 🥰
Arey bro never knew this... Several times i crossed 70% like you 😭😭.
Edit: Bro if we cross only for one month also it will decrease?
even for 1 month it decrease 😓 mine decreased yesterday 😔
Sabse acha credit card hi mat lo😂
Mera increase hua lol....
@@bakasenpaidesu congrats
It will decrease but it'll go back up if you decrease your utilisation. Don't worry!
Your 4th wall breaking is much better than marvel
Thanks Sir 😊🙏🏻
Awesome👍
I follow josh u.. Ye line har koi aj kal use kr rha ha pr wo real is youtuber ki ha.
It doesn't fall much, just about 10 points... I just faced it by paying my children fees on cc and almost maxed my card limit. I am a transactor and not a revolver
Good 👍😊
Bhai aapki Jo performance very confidently he i like your reels video
Bahi big fan
You Can Simply Say That You Should Pay Your Extra Amount To Make The Ratio Below 30% Before The Billing Date Of Your Credit Card.
bhai acha videos bnate ho tum
plz dusre bade ytubers jese galat information wale video mat banana kabhi paid promotion k chakkar me ❤️
Bhai aap kya Kam karate ho TH-cam ke ilawa plz batao na ❤ you bro
I made your likes 3999 to 4000😊
Thanks dude, I gonna pay now
Just pay before billing date
#kind
Mera to sirf 32000 hai, student hu batane ke baad bhi bank ne CC de diya,
Har bar 50% se jyada utilize ho jata hai par 100℅ payment on time hai, ek bhi delayed nhi hai, cibil score 766 hai currently.
Legends don't have credit card
Guys i have a doubt
if i settled every amount of my credit card one time, will my credit score be 800+
Tejas baba ki jay ho
😏😏😎
Bro mene 5 year ho gaya hai gadi ka insurance claim nahi kitya hnu kya mein new bike buy karunga toh discount milega kya??
Prepayment ka Keya rule hay bataiye? Tata walo bol raha hay 1 years nehi hoga to prepayment nehi de sakta hay please bataiye sir please
Not true.. credit in India is reported to credit bureaus on either the month end or the bill generation day depending on the bank. So it's wise to maintain credit utilisation below 30% on the statement date and last day of the month.
This below 30% usage sense nahi banata kyu ki...
Itne kam paise karch karna he tho credit card use karne se accha waise hi normally paise dekhe kareedlu...
Normally Paisa deke koi benefits nahi milta. CC gives you points for rewards and cashback. Also useful for cash crunch in an emergency.
Can you tell me reason
Bhai Aapki Age Kitni He
Bro..Kia credit utilization ratio maturity par depend ni karta??matlab k agar credit limit 100k ki ho 4 Months k lie or whi credit limit 100k ki ho 6 Months k lie tab bhi cur ki%below 30% rehni chahiye in a month??
It is actually between 30 to 40%. Not below 30%
Bhai shop k liye bhi to cc banta h usko bhi explain kr do
❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤
We was
हिंदी में बोला करो अंग्रेजी में बोलते हमको समझ में नहीं आता है
Just pay the amount before due date, same thing bruh
I thought if v pay before due date it’s okay but u r saying 20 days before due date??🤔🤔
Ye credit score kya hai?
Mine credit limit utilization is 85℅ from all bank
🙏 sr g n best video g love u 🌹🌹🌷🌷❤💓💞💕👍👌⭐😇🤩😍🙏🙏🙏🙏🙏🙏
Bro we can pay before 3 days , not 20 days
Thanks bro , bhagwan kre tere 101 bacche h9
No Sir . Loopholes there in this method
Bhaiya ba economics se pade ho yaa commerce
Bhaii Hamare Yaha Bank Of Maharashtra Mai 4 Pm ke Bad Door close kr dete hai andar kisi Ko aane nahi dete to ye officially aaise kr skte hai kya
How to pay bill early. Mere Flipkart Wale me to option hi nahi dikha raha
I want to ask a question regarding bank..
Today I went to bank for withdrawal of money nd bank says come tomorrow we will give money tomorrow. So I hve question ‘ Is bank can do this’?
Bro i get some personal loan jiska intrest high he me interest pay kar kar karke thak gaya hun kya karu bhai
Why M has horns
Hello I purchase electronic product Kotak Mahindra Bank finance and I have account in Kotak Mahindra Bank also but 7 days late payment 812 rp ke liye 3 party agent ghar par visit kar raha hai bina notice ke unse kaise baat Karen please reply me
Sir ji maine jab se aapke video dekhne laga hu na tab se loan ke information ke bare mai pata chal raha hai
Par mai ek student hu to mujhe education loan chahiye tha so I want to so questions about education loan so please reply me
3 rd bro
Bhai tum CA ya CS ho kya??
Bill generate hone k 15 din k andar hi payment kerna hota hai, to 20days pehele kaise? Bill generate hone se pehle?
Yes, bill generate hone se phle pay kana hoga.
Bhai kuch samaj mey aaye aise video dalo ...
What if I pay before billing date?
Sir mere bhai ne 18000 galat transfer kar diya google pay par uske 3 din baad usne complaint register karayi hai jiske account me paisa gya hai usne withdrawal kar liya hai paise milne ka koi chance hai kya ...?
Koi kehta hai 1ek tareek ko jaata hai koi kehta hai due date se 20 din Pehle hota hai
😭😭
Bhaiya mere kaliyaganj Sahar mein ek petrol pump PE mere dost 50 rupay ke petrol leke ayy or bho panika tahan tha mehek toh petrol a Rahi thi petrol ka colour bilkul paniki Tara tha or mein or mere bho dost or 4,5 dost Gaye theke sikayet karne keliye par uss petrol pump ka Malik hamein bolraha tha ki ek jhapar marungga or chilla chilla ke bat kar Raha tha or ham ko ayase bhaga Diya toh ham log iski sikayat khaya kare hamari age 18 nehi hai or ham petrol bottle pe laye the bhovi cycle pe
mera credit score 821 hai🗿🗿
20 days before or due date before
many times commented bro no video from ur side about free credit card scam
Credit card layna hee Q hai
Sirf debit card use karna chahiyay
Hi
Sir i want to cancel my Byjus subscription l bought one year jee course in March
But I want applied cancellation in August but they didn't cancel my subscription till now
Pls help me 🙏🙏🙏
😆 lol
Sir mai SBI se education loan 6 lakh lene ke liye form fillup kiya hu par mujhe samjh mai nahi aa raha hai ki uska repayment system kiya hai or bahut sare. .Charge laga de rahe hai
Or mai puchte hai ki agar 6lakh ka loan 2022 mai santion huwa hai or Bank mere college ko kewal 1 lakh hi diye hai to interest 1lakh ka lagega ki 6lakh ka interest laga suru se hi
Bhai fir credit card kyo use karna hai jab paise hi hai 20 din pahle Dene ke
I have faced an issue with cred's credit score. I have always paid bills on time and my utilisation has infact decreased which was already below 30%. Yet my credit score decreased. I checked through the one score app,and it shows cibil score of 797 but on cred its 706. What could be the reason?
Cred shows score from CRIF bureau whereas onescore shows from Experian and Cibil bureau
@@himanshubhoyar157 What's the difference? Also if you could please tell my my credit score decreased
They are different credit bureaus providing credit scores using some criteria similar to different plans which network provider provides likes jio, Airtel. Banks may approach to some bureau for getting your credit score and use it for deciding your interest rate.
Given data, not sure why your credit score decreased. If scored moved by less than 10 then it's minor fluctuation not much to care. If you apply for too many credit cards or closed old credit account, your score might drop temporarily.
You can check onescore app which should give you reason why the credit score decreased
bro new green screen.lao
my name is tejasvi
Matlab kitna use krna hai?...
1 lakh limit hai toh..
30k or 70K?
30k
भाई में आपसे पूरी तरह सहमत नहीं हुं।
आपकी बात सही हो सकती है ।
पर मैंने कई बार 80%तक इस्तेमाल किया है ।
और न ही पहले या बाद में ।
समय अनुसार ही बिल पे किया ।
क्रेडिट स्कोर में कोई कमी नहीं है।
क्रेडिट स्कोर कम होने के कई और भी कारण हो सकते हैं
You are right maine 90 %use kiya time me pay kre to Koi dikkat nhi h
Bro adha Hindi adha English samaj nahi aya ya to hindi me banao ya English me 🫡
Fact check this video please
20 days Pehle nahi statement generation ke just baad. Sabhi Mein different days hote hain toh universal tarike se batana chaiye. 😂
Kya financial advisor banega re tu
Isliye statement generation se kam se kam 2-3 days Pehle pay kardo(use the bank portal to pay off if you have less than 2 days so that amount get settled immediately instead of 2 days) utna ki 30% se kam ho jaye utilisation. Pehle toh habit sahi karo apni 70% ke upar ja hi kyun rha hai.
YEH TOH DHOTI KHOL RHA😂😂😂
30% less ke chakkar me BC limit kam kardi bank ne
Me to generate hone ke 4 din me bhar deta hu
880 last score
Bhai ye sari information complete to h na...
Kabhi hum real life me gyan dere ho aur samne vala do rehpat marke sara gyan nikal de 😂😂😂
Hindi bola karo bhai
Bahi bich bich mei Engreji nhi bola kro Bhai sab log nahi sahi se samajh pate hea
Bhai hindi
bol liya karo
Bhai please hindi ma bol
you can try in Bollywood, nepo kids se to achi acting krte ho 😂
Hindi me samjha kar tejas jyada kabil hai rho hindi me bataaya kar
Abe hindi me bataya kar taki sab samjh sake
Fake i use 100 %
Cbil is good
Bhai sab aap ki nakal ker rhe hai
Such over attitude Tejas Joshi na ho gaya bhagwan ho gaya
Russia mein 70,000 kaise kharcha hua... 🤔
Bro how to know what is the due date
Bro how do you learn all this .?
Can I have your contact tejas sir