Credy

Credy is a credit line for Indian consumers

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Credy is a full stack lending company for India. We are a mobile credit line with customization for specific end use - such as medical emergency, school fee payments, and debt consolidation https://play.google.com/store/apps/details?id=in.credy.borrowerapp.full www.credy.in
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Launch tags:
Fintech•Tech
Launch Team

What do you think? …

Mohamed Yunus
Congrats Team! Great stuff to solve. Sometimes Defaulters outnumber no matter what their credit score is. When you take the responsibility of the lenders' money, like an escrow with returns, how do you handle it for the lenders, when the guy who has taken the money defaults or any negative scenes occur ?
Abhash Anand
Maker
@tweetyunus We have some safeguards against defaulting borrowers. We take Post Dated Cheques and rolling out their modern equivalent(NACH) soon. NACH will allow us to pull in EMIs from the borrower's bank accounts whenever they have money in their account. This significantly reduces chances of defaults.
Christophe L.
fantastic idea!
Abhash Anand
Maker
@lassuytchristop Thanks for the appreciation!
Harshit Vaishnav
Maker
Credy is a mobile Credit Line for the new India. . We offer fast and paperless loan solution for the borrowers. Everything is backed by India’s fast improving digital infrastructure. Check us out at https://www.credy.in
Harshit Vaishnav
Maker