Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
How high credit card utilization affects your score: a quick guide
Mint New Delhi
|November 20, 2025
I had a ₹1 lakh credit card bill but repaid ₹40,000; ₹60.000 is due. Will it hurt my credit score? Can I take a personal loan to clear it? Will it affect my score and future loan applications? - Name withheld on request
Carrying a ₹60,000 outstanding credit card balance can affect your credit score, mainly through credit utilization and repayment behaviour. With a ₹1 lakh limit, your credit utilization ratio is about 60%, while lenders prefer it below 30-40%. Staying at a high CUR can drag down your score, as it signals greater reliance on credit and lower financial flexibility. If ₹60,000 is a large share of your limit, the negative impact becomes more pronounced.
Cette histoire est tirée de l'édition November 20, 2025 de Mint New Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint New Delhi
Mint New Delhi
E-gold firms seek regulatory cover
Digital gold companies may ask the union government to approve their plans for self-regulation if the Securities and Exchange Board of India (Sebi) refuses to regulate the instrument, said a top executive at the India Bullion and Jewellery Association (IBJA), the apex body for all bullion and jewellery associations in India.
3 mins
November 20, 2025
Mint New Delhi
Red Fort blast: Can tech bolster India's security?
The 10 November suicide bombing in the heart of Delhi has raised concerns about public safety in crowded hubs across India. While agencies pursue the perpetrators, police are sharpening their ability to detect security gaps, and fortify defences. Mint looks at the measures.
2 mins
November 20, 2025
Mint New Delhi
How high credit card utilization affects your score: a quick guide
I had a ₹1 lakh credit card bill but repaid ₹40,000; ₹60.000 is due. Will it hurt my credit score? Can I take a personal loan to clear it? Will it affect my score and future loan applications? - Name withheld on request
1 mins
November 20, 2025
Mint New Delhi
Incentives drive each and every participant in all capital markets
Investors must note that everyone is motivated by self-interest whether we know the specifics or not
4 mins
November 20, 2025
Mint New Delhi
India's financial boom: Let's keep progress real
Record funds raised for shareholder exits rather than fresh investment go against the spirit of IPOs. The bigger issue is that the financial world must stay in sync with the real economy
2 mins
November 20, 2025
Mint New Delhi
India Inc's rural engine sputters in Sep quarter
Tepid farm income, sluggish credit growth and an uneven consumption recovery weighed on the momentum of companies linked to rural India in the September quarter, pulling back their pace of growth, even as they stayed ahead of the non-rural pack on some key parameters, a Mint analysis showed.
3 mins
November 20, 2025
Mint New Delhi
Meta's big court win
Social media major Meta has won big relief as a US judge ruled in its favour in an antitrust case filed by the US Federal Trade Commission (FTC) that could have forced it to spin off Instagram and WhatsApp.
1 min
November 20, 2025
Mint New Delhi
xAI in talks to raise $15 billion in fresh equity
Elon Musk's artificial-intelligence startup xAI is in advanced talks to raise $15 billion in fresh equity at a valuation of $230 billion, The Wall Street Journal reported on Tuesday.
1 min
November 20, 2025
Mint New Delhi
AYURVEDIC HOSPITAL CARE: WHY INSURERS PUSH BACK—AND HOW TO WIN CLAIMS
Over the past few years, a friend has undergone Ayurvedic treatment for fluctuating blood pressure at a Kerala hospital. The insurer had routinely covered a week of hospitalization, but this time rejected the claim, arguing the annual treatment appeared more like rest than medical necessity. Ayurvedic claims are becoming harder to get approved.
3 mins
November 20, 2025
Mint New Delhi
Fabindia-Biome row now in arbitration
The founders of personal care company Biome Life Sciences India Pvt. Ltd on Wednesday told the Delhi high court that they were withdrawing their petition against parent Fabindia Ltd over share valuations.
2 mins
November 20, 2025
Listen
Translate
Change font size