Is CRED registered with RBI?

The firm has launched CRED Mint in partnership with Liquiloans, an RBI registered peer-to-peer (P2P) NBFC. Shah has stated that CRED Cash has a loan book of Rs 2,415 crores with NPAs under 1\% due to its creditworthy members.

Is CRED RBI regulated?

In a monumental move, the Reserve Bank Of India(RBI) has barred unregulated fintech firms from accessing the consumer credit history. This order can drastically alter the business model followed by many fintech firms such as CRED, BankBazar, Indialends, Nira Finance and InstaPAisa.

Can I trust CRED app?

Is CRED App Safe? the CRED app safety, Security: As the founder of CRED App had prior experience in handling millions of users on Freecharge, its safe to assume that the app is completely secure. Privacy: The app has an option to allow email access for reading your statements.

Is CRED protected?

CRED is also equipped with the CRED protect feature which is an AI backed system that keeps track of every single nuance of a credit card payment journey – right from due date reminders, spend patterns and other card usage statistics.

What is cred secure your card as per RBI guidelines?

CRED Secure Your Card To Get Rs 100 Cashback for Each Card (Upto 1000 for New Users) -How To Claim. CRED Secure Your Card To Get Rs 100 Cashback for Each Card. New Reward is available. Now Secure your Credit Cards as per the RBI guidelines in the CRED app and earn Flat Rs.

Should we use cred app?

CRED App is GOOD and we recommend using this App to pay your Credit Cards bill.

Is cred app useful Quora?

Yes,it is good for credit card payments,it is fast,secure and also a rewarding app. For every payment you do in your CRED is rewarding. every time you pay your credit card bills on CRED, you receive CRED coins. you can use these to win exclusive rewards or get special access to curated products and experiences.

Should we use CRED app?