Multiple Credit Cards: Which One to Pay Off or Close First in India
Avalanche vs snowball, CIBIL age, and when closing a card helps—or hurts—after a personal loan payoff.
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High credit card outstanding?
Convert revolving card dues into a structured personal loan EMI. Lower interest, one due date, and a clear path to clear outstanding balance.
Example (illustrative)
₹2,00,000
credit card outstanding
Card revolving ~42%
~₹7,000/mo
interest only (approx.)
Personal loan ~12%
~₹2,000/mo
interest only (approx.)
Rates vary by lender and profile. Use the calculator on the apply page for your numbers.
KreditScore Blog
Credit scores, personal loans, and money tips — written for borrowers in India.
Avalanche vs snowball, CIBIL age, and when closing a card helps—or hurts—after a personal loan payoff.
Paid the card off with a loan? Get written confirmation of nil dues so your credit report stays clean.
0% promos look tempting on ₹2L+ dues—but transfer fees, post-promo rates, and discipline tests make personal loans better for many.