CreditMantri Finserve Private Limited
4th Floor Sudhama, 36 Vijayaraghava Road,T Nagar, Chennai, Tamil Nadu 600017
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Get Your FREE Credit Score with monthly updates in less than 1 Minute
Post your credit related queries and find answers from our experts
Excessive usage of your credit cards will impact your credit score only if you do not have enough available credit to support your average monthly credit card purchases.
Responded by:Responded on25th May 2015
If your credit utilization ratio is very high i.e. above 50%, then you should either request for a credit limit increase or rather get a new credit card to increase your total available credit. If any of the above is not possible at this time for some reason, then just lower down your monthly purchases until it is possible.
There is no point in keeping a credit card and not using it. Using your credit card rationally, which will include actions like keeping an eye on your credit utilization ratio, and that will eventually lead you to the point when you don’t really have think about it anymore.
Get Low EMI Loans and Lifetime Free Credit Cards
Reduce cost of your current EMI
Checking your Credit Score doesn’t reduce it
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.