• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

CIBIL report on CRED

If they provided access, then yes.

A solid data against us to sell to third party. More money to them because eod no one bothers why a service provided free when it actually costs 1200 on own website, where they getting these 1200...
They don't have to pay 1200 per subscriber. They will be paying a lumpsum for the access which will be considerably lower and suits their business strategy.
 
There are so many providers who has these. Why worried about Cred? There is no such thing as privacy.
I just have khunnas with CRED. 😁 They take VC money and sponsor cricket matches with that. There are genuine startups solving real problems who doesn't get access to investment and die. And then we have CRED which does not solve any actual problem but has raised almost a billion dollar capital.
 
  • Haha
Reactions: SJM
I just have khunnas with CRED. 😁 They take VC money and sponsor cricket matches with that. There are genuine startups solving real problems who doesn't get access to investment and die. And then we have CRED which does not solve any actual problem but has raised almost a billion dollar capital.
Cred has also solved a problem...paying credit card bills were not so simple earlier. Now I simply say pay when I get an alert...don't need to keep a tab on due date or due amount either. Earlier I had to remember the date and amount and then pay through some net banking.
 
Cred has also solved a problem...paying credit card bills were not so simple earlier. Now I simply say pay when I get an alert...don't need to keep a tab on due date or due amount either. Earlier I had to remember the date and amount and then pay through some net banking.
I never considered that as problem. 😁

Let me ask that differently. How much will someone pay for that service?
 
Why should I pay...I get rewarded.
If CRED starts charging, how many people will pay? Even if bbps or other such services were not there, we would have switched back to NEFT.

CRED spends about 50 % of their revenue on payment gateway cbarges. They have no real business. 😁
 
They don't have to pay 1200 per subscriber. They will be paying a lumpsum for the access which will be considerably lower and suits their business strategy.

same like lounge service, we thought its free when banks actually have to pay "some amount" to lounge providers and when they see it takes couple of their revenue, they started limitations with restrictions.

but, here there is no scope for limitations or restrictions because they can easily get by trading customer data at backdoor without our involvement and it never trace back to them to get what they paid for.

1740377533187.webp

 
Can it be cos of Svalbard they changed from Experian to cibil?

Now they planning to give mf loans at 8.99% interest I suppose
 
Can it be cos of Svalbard they changed from Experian to cibil?

Now they planning to give mf loans at 8.99% interest I suppose
Yeah

Loan against securities, Nice Value add to their business(Loan Book)
 
Back
Top