CIBIL Score Dropping Despite On-Time Payments? Check Your Credit Utilization!

• Paying credit card bills on time is crucial, but not the only factor for a healthy CIBIL score.
• A high Credit Utilization Ratio (CUR) can negatively impact your CIBIL score, even with timely payments.
• CUR is calculated by dividing your credit card spending by your total credit limit.
• Using 80-90% of your credit limit signals over-dependence and harms your credit history.
• Experts recommend keeping your credit utilization below 30%, ideally 10-15% if seeking a loan.

Why It Matters: Manage your Credit Utilization Ratio to maintain a healthy CIBIL score, even with timely payments.