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:
You can check your current progress by navigating to the “Profile” section in the StuCred app and selecting “Credit Limit.” Once you're eligible for an increase, our system will notify you automatically.
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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.
When will I receive the loan amount in my linked bank A/c?
If the transaction is successful, the amount will be credited to your linked bank A/c instantly. Sometimes, due to technical issues at the bank, money transfer gets delayed. In these cases, Banks take upto 3-5 working days to confirm transaction ...
Why is my Credit Limit not getting enhanced?
Before the limit is enhanced, we look into a various factors like timely repayment, how many times have you missed the initial deadline and other credibility ratings. Rest assured our systems will let us know when the limit can be increased for you.
The loan credit transaction is successful but a loan has not been created in my StuCred profile yet.
If the loan credit transaction is successful and the money has been received in your linked bank a/c, but, a loan has not yet been Credited in your StuCred Account, the following steps could help: · Refresh the app's 'Home' page by pulling the page ...
The loan credit transaction is successful but the loan amount is not yet credited to my linked bank A/c.
Please share your bank statement with us at care@stucred.com, and we’ll check the status and get back to you shortly.