neutral
Recently
Pay Before Statement Date To Report Low Utilisation Not Just Before Due Date
Pay before statement generation to ensure low CUR reporting.
Most borrowers assume paying before the due date is enough, but CIBIL captures utilisation based on the statement generation date.
If a card with ₹2,00,000 limit shows ₹1,10,000 spent on statement day, CUR becomes 55% even if you clear it before the actual due date. This hurts nearly 30% score component. Always prepay and reduce balance 2-3 days before statement generation.
This single behavioural hack can influence approval for premium cards and lower rate personal loans faster than limit increases.