Vedpathak (name changed) is 29 years old and lives in Hadapsar, Pune in his parents' house. He had a requirement of ₹75,000 for credit card bill payment. Credit cards are a convenient mode of transaction but if the bills are not paid regularly, the amount gets accumulated and becomes hard to pay.
Vedpathak 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. Vedpathak had a good monthly income of ₹39,000 which allowed us to evaluate his loan application despite being employed at a small company. After careful evaluation of this and several factors, Vedpathak's loan was disbursed.
Vedpathak is just one of the many happy customers who got quick access to credit, thanks to our easy process.