Understanding STD, LSS & DPD in Your CIBIL Report

If you have ever reviewed your CIBIL report, you would have come across terms such as “STD,” “LSS,” and “DPD.” These are the indicators of your payment behavior for loans and can assist banks and other financial institutions in evaluating your credit status. Let’s discuss what these terms signify.

Confused by credit report codes like STD, LSS, and DPD? A reliable credit report monitoring service can help you understand changes in your repayment history and overall credit profile.

Quick Glimpse

• STD (Standard): Means that you are paying on time and in good standing with respect to your debt payments. 

• LSS (Loss): Means that the debt has been written off as a loss or settled due to large defaults in payment.

• DPD (Days past Due): Refers to the number of days an outstanding payment is due. The larger the DPD, the greater the credit risk.

If you find incorrect information or unfamiliar entries in your report, consulting a CIBIL consultant can help you understand whether a CIBIL correction agency may be appropriate for your case.

Understanding STD, LSS & DPD

STD (Standard)

An STD tag indicates a positive status. This is to say that you have made regular payments and the account has never remained overdue for more than the normal period. Being an STD indicates good credit behavior.

LSS (Loss)

An LSS tag normally shows that the account has been classified by the lending institution as a loss or that the account has been cleared after remaining in default for quite a long time. An LSS tag normally affects one’s credit worthiness.

DPD (Days Past Due)

DPD stands for the number of days the payment is overdue. For instance, an overdue of 000 indicates that the payment was made within the due period.

But it is worth to be noted that using the PrimeScore tool will enable you to keep track of your credit score across the major credit bureaus of India and see any changes in your credit profile.

Importance of These Terms

These factors will be taken into consideration by banks and NBFCs in your credit report while you apply for loans or credit cards. Having good performance with respect to the STD category and keeping your DPD value low, along with not having the LSS comment, will be helpful to you.

Conclusion

An insight into STD, LSS, and DPD will give you a better understanding of how to make sense of your credit report and know what needs to be taken care of.

Stay informed about your credit health with regular CIBIL score monitoring and make better financial decisions with confidence.

FAQs

What does STD mean in the CIBIL report?

STD stands for Standard and implies that you have been able to make repayments on your loan or credit card on time.

What does DPD mean in the credit report?

DPD stands for Days Past Due and tells us how many days the payment made by you was past the due date.

Is LSS a bad thing for the credit score?

Yes. An LSS notation usually means that there is a problem with repayment or that the loan is categorized as a loss. 

Can I improve my credit profile with high DPD?

Yes. Making timely payments of EMIs and credit card bills can help in improving your credit profile over time.