Shrivastava (name changed) is 28 years old and lives in Hadapsar, Pune in his parents' house. He had a requirement of ₹40,000 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.
Shrivastava 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.
At Credy, we just don't look at the size of the company but also consider other factors such as employer quality, monthly income, spending patterns, cibil score, credit history, etc. among others. Shrivastava had a good monthly income of ₹37,000 which allowed us to evaluate his loan application despite being employed at a small company. Considering this and many other factors, Shrivastava's loan was approved and disbursed in 24 hours!
Shrivastava is just one of the thousands of happy Credy customers who appreciate our dedication.