Does debit card EMI affect credit score?

Yes, a debit card EMI affects your credit score. When you opt for this facility, banks typically treat it as a consumer durable loan or a personal loan and report your repayment activity to credit bureaus like CIBIL.

• Positive Impact: Paying your installments on time consistently helps build a strong credit history and can improve your credit score.
• Negative Impact: Any missed or delayed payments are reported as defaults, which can significantly lower your score and affect your future borrowing capacity.