Kishan (name changed) is 33 years old and lives in St. John's Medical College, Bengaluru with his family. He had a requirement of ₹50,000 for debt refinance. A refinance loan helps settle previous loans or credit card bills, but it might be difficult to find a lender that offers an easy online loan process and quick disbursal.
Kishan needed a loan but his cibil score was 669. Banks usually reject loan applications which have a credit score less than 675.
At Credy, loan applications with low cibil may still be considered with decent monthly incomes and a good record of other factors such as banking history, spending patterns, employer quality, etc. Kishan had a good salary of ₹88,552 and healthy banking patterns in his salary bank account. After careful evaluation of this and several other factors, Kishan's loan was disbursed in just 20 hours!
We are glad to have offered timely help to Kishan who is just one of our many happy customers.