Paying by debit card EMI? Here's what it could mean for your credit profile

Debit card EMI payments can affect a user's credit profile depending on how the facility is structured.

The impact on credit score may vary based on whether the EMI is reported to credit bureaus as a loan or a transaction.

Missed debit card EMI payments could lead to negative reporting and lower credit scores.

Users should confirm with their bank if debit card EMIs are reported to credit bureaus before opting for the facility.