How does StuCred decide my credit limit?

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• How can I check my credit limit?

  Go to the StuCred app, under profile section - click on credit limit to see where you are, and how much you have progressed.

• How do I get larger credit limits on StuCred?

  In time, through frequent use of the StuCred app, higher credit limits can be unlocked. The algorithm takes into consideration factors such as loan frequency, on time payments etc. StuCred aims to help students build their credit score through ...

• Why is my credit limit blocked even after repaying the loan?

  Your credit limit has been permanently blocked due to a significant delay in loan repayment. Unfortunately, due to your bad loan history, we are unable to offer further access to StuCred services.

• I have repaid the loan correctly. When will my credit limit increase?

  We appreciate your timely repayment! At StuCred, higher credit limits are unlocked gradually through responsible app usage. Our system considers several factors including: Loan repayment history Frequency of loan usage Overall borrowing behaviorYou ...

• What does StuCred® report to Credit Bureaus?

  StuCred® is a RBI registered NBFC; we are obligated to report all loans availed, payment history (including late payment and non-payment) and certain demographic details.