Mumbai-based credit health improvement firm Credit Sudhaar has entered into a tie-up with credit information company Credit Information Bureau (India) or Cibil.
Credit Sudhaar will offer advisory services to those whose Cibil TransUnion Score doesnot meet the lenders' credit criteria.
"It will help us in not only reaching out to a wider audience base but in targeting those who have a low score and are seeking credit improvement services, directly,” said Arun Ramamurthy, co-founder of Credit Sudhaar.
As per the agreement, Credit Sudhaar will help individuals in improving their credit worthiness, which in turn will enable them to get better offers from lenders at Cibil Market Place.
Individuals who are not eligible for the offers they desire from lenders at Cibil Market Place will find offers from Credit Sudhaar.
Credit Sudhaar will help individuals improve their credit health by interpreting an individual’s credit report, which will help them to avail better offers on home, personal, car loans and credit cards, at Cibil Market Place.
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Cibil Market Place is an online platform that enables you to choose from multiple offers across products and from various lenders at one place. The offers are customised based on Cibil TransUnion Score, income and other parameters. These offers are best fitted as per one's eligibility from across the lenders.
"Your credit score plays a vital role in determining your financial health. It not only helps in getting your loan approved, but goes far beyond it. It is important to keep a check on your credit score to enjoy sound financial health and goodwill,” said Gaurav Wadhwani, co-founder Credit Sudhaar.
Credit Sudhaar is associated with Dipran Finance, a non-banking finance company and a credit institution, approved by RBI.