When can the cooling off period be availed on StuCred?

When can the cooling off period be availed on StuCred?

  1. Cooling off period on StuCred can only be availed within 3 days from the date of loan borrowed.
  2. 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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      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 10 years. These retention requirements supersede any right to erasure requests under applicable data protection laws (such as GDPR). We cannot therefore ...

    • Who can use StuCred®?

      Currently, StuCred is available to college students ( 18 years + ) actively enrolled in specified colleges in India. Click here to check if your college has StuCred!

    • Other touch points for StuCred:

      Call us: Corporate Number 044 - 24487769 Grievance Redressal Officer nodalgrievanceofficer@stucred.com Contact: 044 - 24487769