5 Factors That Don't Affect My Credit Score! Credit Score is a three-digit number that represents your creditworthiness and credit behaviour. A good credit score can get you the required credit along with feasible interest rates. We have often discussed the factors that affect your credit score. Factors like credit utilization ratio, frequency of your credit application, your ability to handle various types of loan, payments, and repayments on those loans, etc. But have you ever wondered what are the factors that don’t affect your credit score? Is yes, read our blog below and burst your confusion bubble now! Factors that don’t affect Credit Score:
High or Low? Doesn't matter! High or low income does not affect your credit score, it is your credit behaviour that decides your credit score. Paying your credit card bills, loan EMIs, maintaining a healthy credit utilization ratio (30-40%), etc. are some of the factors which affect the meter of your credit score. Usually, your income is considered only when you avail a credit card, but it is not the only deciding element.
Worry not about your debit card! With the increasing convenience of paying with a debit card, many people are swiping nowadays. While debit cards sometimes carry the logo of credit card companies, making card purchases do not affect your score. Credit cards are essentially a loan you have on purchases, which you will need to repay, but with a debit card, you use your personal savings. Your credit cards can make or break your credit score but any transaction or balance in your debit card will have no effect on your credibility.
To check or not to check, Is that your question? It is a misconception that checking your own credit score too often can negatively affect it. A credit report check or a credit inquiry can be classified into a hard inquiry or soft inquiry. Hard inquiries occur when you apply or request for a new credit card or a new loan or a line of credit like increasing the credit limit on a card. Such inquiries leave a footprint on your credit history and show up on your credit reports. On the other hand, soft inquiries occur when an individual checks his own credit report and credit score. These are the type of inquiries that do not show on the reports, no matter how many times you check your credit report. Even if these appear on your credit report, these will never affect your credit score despite you checking five times in a single day. So, go ahead and check your FREE CRIF credit report now!
Yours and your partner's credit scores are two different stories! Your spouse’s name can appear on your credit reports, but whether you are married, divorced or single has no effect on your credit scores. It’s also important to note that, if you are married, you and your spouse’s credit is not linked or merged. You each have separate
credit reports and scores. The only time it will affect any of your credit behaviour is when you and your partner apply for a credit facility jointly. For example, if your partner is a coapplicant of any loan then both your credit scores will be on the checklist of the banks before sanctioning you the loan. Although, you can ensure that your partner has a good credit score out of concern! 
Payment cycle of your utility bills gone haywire. Paying your utility bills like electricity, water, mobile, etc. is a good practice. bill While your loan EMI repayment and credit card bills payments add to your credit score, other utility payment delays or defaults do not count towards the calculation of your credit score in India yet. It may become a practice here in India too, soon. So, make sure to make all payments well on time.
Always remember to follow good credit practices to keep your credit score above 700. Skip the grueling process of getting a credit score and just follow three easy steps at CRIF to keep a tab of your credit score. Visit https://cir.crifhighmark.com/Inquiry/B2C/B2CFFCRPortal.action to check your scores for FREE or https://blog.crifhighmark.com/ to know more about the best credit practices to maintain your credit score and not hamper your credibility in the eyes of the lenders.