CredyT Refinancing

Refinance your credit card bill and SAVE UPTO 15000.

Credit cards are convenient - we can shop online, at stores and pay for periodic subscriptions. Credit cards are great when you have a steady source of income that can easily support the monthly bills.

However, the darker side of credit cards starts revealing when you lag on your bill payments. Credit cards quickly turn from a free cash advance into a very costly loan, with hefty fees and long lasting repercussions of delays.

Below we help you understand exactly how banks charge for credit card delays.

Credit Card Fees

Joining and Annual fees Varies by credit card
Late payment fees Depends on outstanding amount and bank, can go upto Rs 750 for Rs 10,000 or more outstanding
Interest rates
(Annualized Percentage Rate)
Varies by credit card,typically 36% - 42% APR (Annualized Percentage Rate)
Fresh Credit Interest Varies by credit card, typically 36% - 42% APR

Things to remember

Credit card interest is charged even when a part of the bill is outstanding. Even if you pay the minimum amount due, the interest is still charged on the remaining unpaid amount.
When you have outstanding amount that is past due date, any new expenditure is charged the interest rate (typically 36-42%), from the day of expenditure to the date when you repay the dues. Credit card becomes a ultra high interest running loan at that point!
Credit card delays affect your credit score, making credit card or future loans costlier or even infeasible.

How it works

instant approval icon

Get instant approval for Credy refinancing.

fast, reliable icon

Verify Aadhaar, Sign agreement electronically.

account details icon

Provide credit card A/C details. Submit auto debit instruction.

refinace credit card icon

We repay your bill directly. Repay in cheaper EMIs. Save money, Save credit score.

Why You Save Money

We charge around 18-25%, unlike credit cards who charge upto 42%

Since you will settle the bill.

Some might say this is priceless!

Calculate Your Savings

Pay Over How Many Months? 3

3 9
Credit Card Charges
Credy Refinance Charges


Your Savings

Savings on late fees & changes 0
Estimated cost of poor credit score 0