Paisabazaar, a digital marketplace for consumer credit, has said 52.7 lakh people, who checked their free credit score from its platform, have improved their score by 20 points or more over a period of 18 months.
This includes 23.6 lakh customers whose score increased by 50+ points and 18.2 lakh customers who saw their scores rise by 75 and above points. Around 1.25 lakh Paisabazaar customers increased their credit score by a massive 100+ points over an 18-month period.
For the last five years, the company has enabled seamless access to credit score on its platform, with lifetime free tracking, which encourages customers to actively monitor their credit score and display responsible behaviour to build it further, according to Paisabazaar press release. Till date, around 2.6 crore customers have taken their free credit score and report from the Paisabazaar platform.
Naveen Kukreja, CEO & Co-founder, Paisabazaar,…