In today's time, the number of people using credit cards is increasing very rapidly. Now apart from metro cities, you will also find the trend of credit cards in tier two and three cities. People are using credit for everything from shopping bills to travel and ticket booking. However, the rate at which the use of credit cards has increased, and the incidence of delay or default in bills has also increased in the same proportion. Due to this, the credit score of many people is getting spoiled.

There are many questions about credit cards.
But people have many questions in their minds about credit cards. The most important of these is whether paying the credit card bill on the last day of the billing cycle spoils the credit score or has any effect. If you also use a card, then this news can be of use to you, let us tell you the answers to all these questions.

A credit score is affected after the due date.
If you pay the credit bill on the last day of the due date, then it does not affect your credit score, this is just a misconception in people's minds. Yes, if you pay the credit card bill after the due date, then your credit score gets affected.

EMI of loan

So far, mobile and electricity bills have not been included in the CIBIL score. Only credit bills are included in the CIBIL score. Credit bill means EMI of home loan, car loan, or personal loan. If a person delays or misses the payment of any loan EMI or credit card bill, then his CIBIL score gets affected.