Lakshminarayana (name changed) is 30 years old and lives in J P Nagar, Bengaluru with his family. He had a requirement of ₹50,000 for medical emergency. Medical emergencies often require urgent money and an instant loan may be the only way to handle it.
Lakshminarayana 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 assess the applicant's profile carefully and look at many factors such as monthly income, employer quality, banking history, payment history of previous loans, cibil score, etc. Size of the company is just one of the many factors. Lakshminarayana had a good monthly income of ₹45,000 which allowed us to evaluate his loan application despite being employed at a small company. After careful evaluation of this and several other factors, Lakshminarayana's loan was disbursed in just 5 hours!
Lakshminarayana is just one of the thousands of happy Credy customers who appreciate our dedication.