Is CRED app safe to use?
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Is CRED app safe to use?
CRED is hosted on a Virtual Private Cloud on Amazon Web Services which provides a secure and scalable technology platform to ensure we can provide you services securely and reliably.
How is CRED so successful?
Every time a user avails of the offers, Cred generates an income through it. Using the financial data of the users – Cred accumulates the financial data from the users who use the platform for paying their bills and more.
What is CRED how it works?
CRED was introduced in April 2018 with this plan to draw consumers. Download and type your cell phone number in the CRED App. The app checks the cards connected to the registered phone number until the account has been configured. If the credit score is greater than 750, users would be allowed to use the exclusive app.
How does cred work Quora?
Cred is a credit card payment platform which lets cardholders pay their credit card bill through the app and get a bouquet of benefits via Cred coins. The virtual coins can be redeemed across coffee shops, movie theatres, e-commerce shopping and curated experience workshops, among others.
Why should we use cred?
Advantages of Using CRED Besides being a one-stop platform for paying your credit card bills, you also earn reward points for every Rupee you pay towards your bill. The reward points are called ‘CRED coins’ and are redeemable on various offerings on the CRED app.
What is CRED startup?
Cred is an Indian fintech company, based in Bangalore, founded in 2018 by Kunal Shah. CRED app’s main feature is reward-based credit card payments. Later, CRED let users to make house rent payments and introduced short-term credit lines.
Who is the founder of CRED?
Kunal Shah
Cred (company)
| Founded | 2018 |
|---|---|
| Founder | Kunal Shah |
| Headquarters | Bangalore, Karnataka, India |
| Website | cred.club |
What is cred app by FreeCharge?
A Hebrew book on humankind Cred is an initiative of Kunal Shah, founder of FreeCharge. The app aims to make paying credit card bills simpler and reward you for paying them on time. The app asks for your phone number to check your credit score with Cibil, CRIF and Experian.
Who is the founder of cred?
It was founded in April 2018 by Kunal Shah, Freecharge’s former founder. Kunal shah began CRED with the intention of creating an exclusive society with the most credible people in India. It lets you handle and pay off all your credit card dues. It gives exclusive discounts on our credit card and tracks the expenses as well.
How do I get access to the cred app?
If your credit score is 750 or higher, you are granted access to the app, else you join a waitlist. The app scans any credit cards linked to your phone number and adds them to the app. To manage the cards, Cred requires access to your email account (this is not mandatory).
What is the business model of cred?
The 3 pillars of CRED’s business model – Customers who pay credit card bills, The CRED app and the Businesses who provide offers on the app. In order to access CRED programs, a credit score of more than 750 must be obtained.