Cred, credit card payment app has launched its two new lending product i.e Cred Rent Pay, Cred Stash
According to Kunal Shah, Founder and CEO, CRED High-trust communities result in high-performance societies because the reduced risk allows institutions to offer a wide range of products and services with less friction and greater convenience. With the intent of enabling members to maintain their good credit track record and increase confidence at a time of economic uncertainty, we have fast-tracked the launch of two products with the support of banking partners, including IDFC FIRST Bank. CRED Stash and CRED RentPay are particularly useful in optimising cash and credit, which is critical in the current environment.”
Note: “Both of these above features are rolled out for the limited set of people as mentioned last week by Cred if things go well it will be rolled out for all the Cred customers”.
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