When can the cooling off period be availed on StuCred?
- Cooling off period on StuCred can only be availed within 3 days from the date of loan borrowed.
- Please note that the day of loan borrowed is counted as day 1 of the 3 day cooling period. Rest of the details and payment information will be sent to you via email.
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What is cooling off period?
A cooling-off period is a time period during which a borrower can exit the loan by repaying the principal amount and the proportionate annual percentage interest rate without any penalty
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.
What if I want StuCred to erase all my data?
As a RBI regulated entity we are under regulatory obligations to keep your data for a minimum of 5 years. These retention requirements supersede any right to erasure requests under applicable data protection laws (such as GDPR). We cannot therefore ...
How can I use StuCred®?
Download the StuCred app (Available on Play Store and App Store) and create your own StuCred profile to take loans, manage your account, view exclusive offers and much more!
What is StuCred?
StuCred is a secure digital platform offering short term loans to empower and educate the student community in India! We offer credit within the range of Rs 1000 to Rs 15,000 instantly to the users bank account - ensuring one always has 'cash on ...