Madesh (name changed) is 32 years old and lives in Marathahalli Colony, Bengaluru with his family. He had a requirement of ₹1,00,000 for home renovation. Home renovation requires the services of carpenters, plumbers, painters, etc. and also buying of necessary items or equipment which may come with an unpredictable expense.
Madesh was in an urgent need of money but he was working in a relatively new company which is just 1 year old. Most banks and lenders prefer customers from large, established companies.
Credy gives loans to applicants working with a small company if there is a decent record of various other factors in their profiles such as credit score, employer quality, monthly income, credit history, banking records, etc. Madesh had a decent monthly income of ₹99,500 and good banking trends in salary account. After careful evaluation of this and several factors, Madesh's loan was disbursed.
Glad we could offer timely financial help to Madesh who is just one of our many happy customers.