10 Compelling Reasons To Trust CreditMantri

Reason #01 Accurate Credit Score & Report

The free credit score we offer is your actual credit score and not just estimates. The credit score and report you see on CreditMantri come directly from Equifax, one of India's four major consumer credit bureaus. The credit score and report offered by us accurately reflect the latest credit information held by credit bureaus. This is why we ask for your PAN number to pull up the current information credit bureaus have on file.

Reason #02 Your Data is 100% Safe with Us

We take data security very seriously. Our site uses 128-bit encryption to protect the data transmitted via our channels.

We do not share your personal information with third parties without your consent.

Reason #03 We let the Numbers do the Talking

We have helped over 10 million users, and over 2.3 million credit-challenged users, since we launched our platform in July 2015.

Over 1 million customers have improved their credit score with CreditMantri.

Over 50% of credit-challenged users registered on our site have improved their credit scores post engagement with the CreditMantri team.

We work with 60+ financial institutions in India and 35 lakhs+ loan applications processed to date.

We have helped multi-lingual and multi-channel customers from all over India.

Reason #04 We are Recognised by the Best in the Industry

Some of the feathers in our cap include:

Winner of the Best Fintech (2018) – VAS of Business Today – Money Today Financial Services Awards

The CII Connect Award (2018) – For Exemplary Application of IT

The Economic Times BFSI Innovation Tribe Award (2018) – In the Start-Up Category

The TiECon Chennai Award (2018) – For the Growth Story of the Year

Winner of the CB Insights 2017 Fintech 250 (2017)

Winner of the Red Herring Asia 100 (2017)

Presenter at the Finovate Asia (2017)

Reason #05 We hold the Records for Prestigious Firsts

Over the last four years in operation, we have pioneered some of the credit industry's most significant developments. We hold the record for:

First to offer a credit score for free in India. We are the first intermediary to access credit information and history from authorised credit bureaus and offer it online for our customers for free in real-time.

First and largest digital player to offer credit management and credit improvement services to the credit challenged segment.

First digital player to co-create a loan and credit card product in partnership with an NBFC exclusively for the new to credit segment.

First, to launch a module to help customers compare, evaluate and optimise their borrowing costs for credit cards and loans.

Reason #06 We leverage the Power of Data and Technology

We help customers make the best credit decisions by leveraging the power of data and technology. We build a customer profile framework using traditional and alternate data. We capture real-time data from users in a user-consent driven model. We call it the “ASCII Pillars of Credit – Ability, Stability, Contactability, Intent and Identification." Every time a customer interacts with our platform, we ensure the latest data is captured to get the best credit offers matched to their current credit profile.

We gather and mine data from over 3000+ data points from various sources like Institutional, Statutory and User Declared. Our data bank collects data from numerous reliable sources like bank statements, bureau data, statutory data, customer-declared data and even non-traditional sources like social media. With our comprehensive data set, we offer the best credit solutions thanks to our extensive lender network for customers spanning the entire credit spectrum.

Reason #07 We Help you Inculcate a Credit Healthy Lifestyle

We strongly believe in the adage, “Give a man a fish, and you feed him for a day. Teach him to fish, and you feed him for a lifetime.”

We are different from any other credit resolution services in India. We go beyond one-time credit help. Instead, we are dedicated to providing you with the right knowledge and tools so that you can build a healthier relationship with your credit. We empower you to create a credit-healthy lifestyle so that you can unlock your financial dreams.

Reason #08 We Empower the Credit Invisibles

Our core mission is to empower the growth of the “credit invisibles.” Over 80% of Indian adults fall under the umbrella of credit undeserved, either because they are new-to-credit or have a low score due to low income or challenged credit history.

At CreditMantri, our core mission is to empower the credit invisibles and facilitate their financial growth. We help consumers be aware of their credit score and understand their credit health to take better borrowing decisions.

Reason #09 We Match Customers to the Best Credit Products based on their Credit Profile

At CreditMantri, we use a customer profiling framework using traditional and alternate data to classify customers into various segments accurately: credit challenged, new to credit, low-income credit healthy, and high-income credit healthy. Depending on your credit profile, we list the best credit products available for you at the best offers from our extensive network of 60+ lenders.

Reason #10 We Open the Doors to Credit for the Credit Challenged

Traditionally, lenders extend credit easily to high-income credit healthy users. There is a massive shortage of financial institutions willing to extend credit to the credit invisibles, who are new to credit or have low income.

We work with lenders to co-create tailor-made credit products for the credit challenged. Lenders use our income estimation model, lendability score and verification score to assess and approve credit applications for the credit challenged.