- CRED launched two new products for its users – CRED RentPay and CRED Stash, available to users who have a credit score of 750 and above.
- CRED RentPay allows users to pay their rent on credit.
- CRED Stash allows users to avail an instant line of credit up to ₹5 lakh.
Credit card payment app CRED has introduced two new features – CRED RentPay and CRED Stash in India. CRED RentPay allows users to pay one of their highest recurring expense – monthly rent on credit. CRED Stash is an instant credit line.
In addition to allowing users to pay their rent, CRED is reportedly also working on allowing users to make payments such to landlords such as maintenance charges and security charges using their credit cards.