What are STD, LSS, & DPD in CIBIL and Their Differences?

Ever checked your CIBIL report and seen terms like STD, LSS, or DPD and wondered what they actually mean? You’re not alone. These short forms are more important than they look. They show lenders how well you have managed your credit accounts and whether you’ve been making timely payments. In short, they can affect your credit score more than you might think.

Before you start worrying about what these small abbreviations say about your credit history, let’s break them down in simple terms. Here’s what STD, LSS, and DPD really mean in your CIBIL report, how they differ, and why understanding them can help you protect and even improve your credit health.

What is STD in CIBIL?

STD in CIBIL stands for Standard. It means the borrower has made all timely payments on their credit account without any delay or default. When your CIBIL report shows an STD remark, it reflects a strong credit history and responsible credit behaviour. This helps improve your credit score and gives lenders confidence in your ability to repay loans.

What is LSS in CIBIL?

LSS in CIBIL stands for Lender Settled Status. This indicates that the borrower has settled a credit account with a lender by paying a reduced amount. Although it suggests that the debt was settled, it remains a negative remark on your credit report and can impact your credit score. Such partial settlement of the debt may make lenders more cautious and could influence your chances of loan approval in the future.

What is DPD in CIBIL?

DPD in CIBIL stands for Days Past Due. It indicates the number of days a borrower’s payment is overdue on a credit account. The higher the DPD information, the more it reflects delayed repayment history, which can negatively affect your credit score. Lenders use this to assess your payment behaviour and creditworthiness, so a high DPD may reduce your chances of loan approval or impact your future credit applications.

Difference Between STD, LSS and DPD in CIBIL

Understanding these terms can help you interpret your CIBIL report and manage your credit health better. Here’s a simple breakdown:

Format of STD CIBIL Report

The STD status in a CIBIL report is typically shown in the credit account details under the Account Information section. This part of the report lists information about your credit accounts, including credit card numbers, types of loans, outstanding balances, and repayment history. An STD remark indicates that the borrower has made all timely payments, reflecting responsible credit behaviour and contributing positively to the credit score.

Format of of LSS in CIBIL Report

LSS in CIBIL indicates Lender Settled Status, meaning the borrower has settled a credit account with a lender by paying a reduced amount. This type of asset classification often suggests that the borrower faced challenges in making complete and timely payments, which can impact their credit report and may be considered a negative remark. Such settlements can impact your credit score and affect how lenders perceive your creditworthiness for future loans or credit cards.

Format of DPD CIBIL Report

The DPD (Days Past Due) in a CIBIL report is listed in the Payment History section of your credit account details. It shows the number of days a borrower’s payment is overdue for each credit account. Higher DPD information indicates a delayed repayment history, which can negatively affect your credit score and reduce your chances of loan approval. Lenders use this information to assess a borrower’s payment behaviour.

Benefits of Resolving DPD, STD, and LSS

Addressing issues related to STD, LSS, and DPD in your CIBIL report can significantly improve your creditworthiness and open up better opportunities for loans and credit cards. Here’s how:

How to Check STD Status in Your CIBIL Report

Checking your STD status in your CIBIL report helps you understand your credit behaviour and maintain a healthy credit score.

• Access your credit report: Log in to your CIBIL report online.
• Locate Account Information: Find the credit account section, which lists all loans and cards.
• Check payment status: Look for STD remarks, which indicate all timely payments have been made.
• Review history: Ensure your repayment history is accurate and reflects responsible credit behaviour.

How to Check DPD Status in Your CIBIL Report

• Access Report: Log in to your CIBIL report online.
• Find Section: Locate the Credit Account Information section for your loans/cards.
• Check DPD Table: Look at the 'Payment History' table under each account.
• Interpret Status:
  • 000 or STD: Timely payment (Good).
  • Numerical Value (e.g., 030, 060): Days payment was delayed (Bad).
• Verify History: Ensure the last 36 months of repayment data is accurate.

How to Check LSS Status in Your CIBIL Report

• Access Report: Log in to your CIBIL report online.
• Find Section: Go to the account details section listing all credit facilities.
• Check Status/Remarks: Look for the Account Status field for each entry.
• Interpret Status:
  • LSS (Lender Settled Status): Loan closed after paying less than the full amount (Negative).
  • Closed: Loan repaid in full (Good).
• Note Implication: LSS means the lender took a loss and it stays on your report for up to seven years.

How Does STD Affect Your Credit Score and Loan Eligibility?

A positive STD status in your CIBIL report reflects responsible credit behaviour and strengthens your credit score.

• Boosts Credit Score: Making on-time payments across all credit accounts contributes to a higher credit score.
• Improves Loan Eligibility: Lenders are more confident approving loans and credit cards when your repayment history shows STD.
• Favourable Terms: Good STD remarks may lead to lower interest rates and better repayment options.
• Credit Health: Regularly monitoring your credit history helps maintain a strong credit score.

How Does DPD Affect Your Credit Score and Loan Eligibility?

• Credit Score: Higher DPD (Days Past Due) = Lower Score. Timely payments ('000') boost it.
• Loan Eligibility: High DPD = Rejection Risk. Lenders see it as high risk.
• Terms: Poor DPD history means worse loan terms (higher interest).

How Does LSS Affect Your Credit Score and Loan Eligibility?

• Credit Score: LSS (Lender Settled Status) = Score Drop. It means you paid less than the full loan amount.
• Loan Eligibility: LSS signals incomplete obligation, making lenders cautious about future loans.
• Duration: The LSS remark stays for up to 7 years, impacting your profile long-term.

Tips to Improve Your Creditworthiness

Taking steps to improve your creditworthiness can boost your credit score and make it easier to get loans. Here are some tips to help:

Conclusion

Understanding STD, LSS, and DPD in your CIBIL report is essential for managing your credit health. These terms enable lenders to assess your creditworthiness and directly impact your credit score. By maintaining a positive STD status, avoiding LSS accounts, and keeping DPD information low, you can strengthen your repayment history and increase your chances of getting loans and credit cards on favourable terms. With a good credit score, you easily get a Personal Loan from leading lenders, including Hero FinCorp.

Frequently Asked Questions

How does DPD affect credit scores?

DPD (Days Past Due) indicates the number of days a borrower’s payment is overdue on a credit account. The higher the DPD, the more it can negatively affect your credit score and reduce your chances of loan approval.

What is an STD in banking?

STD (Standard) in banking refers to accounts where payments are made on time without any delays, reflecting responsible credit behaviour.

How can individuals avoid DPD issues?

To avoid DPD issues, make all timely payments, consider setting up automatic payments, and manage your credit accounts wisely.

Is an STD in CIBIL good or bad?

An STD status in CIBIL is beneficial, as it indicates that the borrower has made all timely payments, demonstrating strong creditworthiness.

What is an STD payment in CIBIL?

An STD payment in CIBIL indicates that a borrower has consistently made on-time payments on credit accounts without delays, thereby contributing positively to their credit score.

Disclaimer: The information in this blog post is for informational purposes only. It is based on research and opinions available at the time of writing. While we aim for accuracy, the content is not exhaustive or definitive. Readers should independently verify any details, including specifications, features, and availability, before making decisions. Hero FinCorp is not responsible for any discrepancies, inaccuracies, or changes after publication. Reliance on this information is at the reader’s discretion, and we recommend consulting official sources or experts for the most current and accurate information.