Rama (name changed) is 29 years old and lives in HSR Layout, Bengaluru with his friends. He had a requirement of ₹50,000 for travel. Sometimes we need a break from our usual routines and that calls for a vacation, but do not have enough money to plan an itinerary.
Rama was in an urgent need of money but he was working in a relatively new company which is just 11 months 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. Rama had a good monthly income of ₹50,000 which allowed us to evaluate his loan application despite being employed at a small company. Considering this and many other factors, Rama's loan was approved and disbursed in 6 hours!
There are many happy Credy customers like Rama whom we have helped.