One missed payment (EMI) in CIBIL can tank your CIBIL Score
Even one missed EMI payment can significantly impact your CIBIL score and overall credit profile. Late payments are reported to credit bureaus and may stay on your report for years, reducing your chances of loan or credit card approvals. To avoid this, always pay EMIs on time, set reminders, or enable auto-debit. Maintaining a consistent repayment history is key to keeping your credit score healthy and strong.