mere 12.5%

CRED Cash Unlocked - Loan
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Got a message from CRED that I have unlocked CRED cash and can avail 5 Lacs loan at mere 12.5% interest rate… Checked in App too..Sounds too good to be true and also one can repay the full amount anytime without any preclosure charges….Anyone tried them?
My friend took 71k loan for 6 months but pre closed this week, no extra charge
But keep in mind when taking loan there is some bank charge
Interest rate is really good
cm4444 wrote:mere 12.5%
For personal loan its very good
EkdamSastaRaju wrote:My friend took 71k loan for 6 months but pre closed this week, no extra charge
But keep in mind when taking loan there is some bank chargeInterest rate is really good
Thanks for the info…KG+
showing 16.5% for me
Smiling wrote:showing 16.5% for me
Have u taken any loan from them in past?
flawlessking wrote:Have u taken any loan from them in past?
No
Smiling wrote:showing 16.5% for me
Depends on cbil score n other factors least is 11% I think
Dileep_kumar wrote:Depends on cbil score n other factors least is 11% I think
This was their main motto
Build a credit worthy base and offer loan with very less chance of default
Well played Kunal
EkdamSastaRaju wrote:For personal loan its very good
IDFC is giving at 9%(user specific but many got) thru credit cards
All good n flexible. but interest rate is very high
caks2006407 wrote:IDFC is giving at 9%(user specific but many got) thru credit cards
Creds banking partner is IDFC only
Where to check on Cred app?
Andhra_Abbayi wrote:Where to check on Cred app?
After u login, click on the top right option called Control, might be there if u have already unlocked..
EkdamSastaRaju wrote:This was their main motto
Build a credit worthy base and offer loan with very less chance of default
Well played Kunal
Yes, having the users itself and their activity is the added advantage, perfect database!
EkdamSastaRaju wrote:This was their main motto
Build a credit worthy base and offer loan with very less chance of default
Well played Kunal
@flawlessking where do I find this?
MrKool_JJ wrote:@flawlessking where do I find this?
U mean the cred cash option?
flawlessking wrote:U mean the cred cash option?
Yes
flawlessking wrote:After u login, click on the top right option called Control, might be there if u have already unlocked..
Thanks but no such option for me!
took PL from icici at 10.5%, no foreclosing fess, but foreclosing allowed only after 1 year of repayment.
MrKool_JJ wrote:@flawlessking where do I find this?
After u login, click on the top right option called Control
flawlessking wrote:After u login, click on the top right option called Control
It’s 16.99 %
not showing cash option
Its good.. and limit gets unlocked while you pay. For example, if you have taken 5lakh and paid 50% outstanding, you can take 50% again in case you required
