Call us on 022 6263 2626
Loans For People With Low Credit Score
Your journey from rejection to approval of loans begins here !
Credit Sudhaar Finance is an NBFC (Non-Banking Financial Company), which offers loans to people, who have low credit scores and are struggling to break a cycle of poor credit.
Humans are bound to make mistakes. And there is no issue in making them. The only thing one should do is acknowledge that mistake and not repeat it. Once a person has acknowledged the mistake, now is the turn to ratify it. May it be personal life, professional life or credit health? One should never show the negligence over any kind of mistakes because at any given point of time you have to deal back with them. But if the damage is too big or too serious, the reversal is equally tiring and time consuming.Learn more
An individual at a time can avail multiple loans on his name. Each loan has its own significance and serves specific needs. For example, if you want to buy your dream home, you can opt for a home loan with attractive interest rates. Similarly, if you want a latest high end gadget, there are consumer durable loans available at your disposal.Learn more
According to a recent survey conducted, only 15% of the urban population knows about credit scores and how to maintain it. People only come to know about credit scores and its benefits only if their loans are denied.Learn more
India is a country with ample career opportunities especially in the metro cities such as Mumbai, Bangalore, Delhi, and Pune. If you have the right education and the right skills, you can get the job you want for sure. However, even with a huge package you can’t always expect to enjoy complete financial freedom.Learn more
Yes, getting a loan in individual capacity is definitely possible despite having a bad credit score. Credit Sudhaar Finance has introduced "Plus Loans" product for individuals who have stressed credit history owing to mistakes made in past.
Loan application can get declined for various reasons. The credit score or credit status is one of those. But borrower's credit score also happens to be the most important and dominant reason impacting the outcome of a loan application. The other reasons for decline could be failed verification, incomplete documentation apart from the credit policy of the bank.
The low credit score generally leads to rejection of loan application. Credit Sudhaar Finance has introduced an innovative product that aims to extend loans to those who have low credit score. Irrespective of the reason for low credit score, including delinquent accounts, Credit Sudhaar Finance will evaluate the application and will lend if the borrower meets the laid down criteria.
There are plenty of options on the market for people with limited credit history. Shop around to find the card with the lowest APR and fees you can qualify for. If you are having trouble being approved for cards, consider a secured credit card that requires a security deposit or ask a parent to add you as an authorized user on his or her card.
You can withdraw your credit report from any of the credit bureaus as many times as possible. This will not have any bearing on your credit score. However, the enquiries made by lenders can impact the credit score.
There is no particular loan defaulter list. The underwriting is based on the data available on applicant's current and past accounts available on the credit bureau report.