English
Specials
    Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessPersonal FinanceWhy did my credit score drop despite timely payments? Understand the hidden factors

    Why did my credit score drop despite timely payments? Understand the hidden factors

    A late payment on an add-on card may have triggered a drop in your credit score. Or an old credit card closed might also see a temporary drop in your ratings. Be vigilant.

    Adhil Shetty
    July 03, 2024 / 14:12 IST
    The age of your credit line is one of the smaller factors that shape your credit score.
    • PRO Panorama

      Moneycontrol Pro Panorama | Easy banking or risky banking?

      Oct 3, 2025 / 03:35 PM IST

      In Moneycontrol Pro Panorama October 3 edition: RBI surveys show tax cuts boosted consumer confidence, economic and social impact ...

      Read Now
    Unlock This Article

    Are you a PRO subscriber? Sign In

    What Do You Get

    • Ad free Experience

      Seamless navigation, faster responses.

    • Expert Perspective

      Explore 230+ exclusive editorials every month

    • +

      Uncover Insights from World-Renowned Experts and Journalists

    • Actionable Insights

      40+ weekly investment ideas + 3 to 4 daily technical calls

    • Virtual Events

      Exclusive Live Webinars for Expert Trading & Investment Strategies!

    • Newsletters

      Stay ahead with daily and weekly insights

    View Offers

    Unlock exclusive discounts