does foreclosure affect cibil score

Foreclosure has two common meanings. If it refers to defaulting on a loan (losing a property), then **yes**, it severely hurts your CIBIL score, potentially dropping it by over 100 points, and the record remains for seven years. This is viewed as a very serious negative event. If it refers to *pre-closure* (paying off a loan early), the impact is generally minimal, sometimes temporarily lowering or even increasing your score depending on the length of your credit history.