The company said the app combines multiple credit-related tools, including credit score checks, loan calculators and affordability analysis, into a single platform. Unlike some of CRED’s existing offerings, the new app is available to all users and is not limited to CRED members.
According to the company, the platform analyses users’ spending patterns to estimate monthly surplus income and determine the level of equated monthly instalments (EMIs) they may be able to manage. It also provides details on interest costs, fees and other charges before presenting loan offers to eligible users.
The launch comes as digital lending platforms continue to expand services aimed at simplifying credit access and improving transparency around borrowing. CRED said the app is designed to help users better understand their repayment obligations and make informed borrowing decisions.
Commenting on the launch, Kunal Shah, Kunal Shah, founder of CRED, said the app is intended to support responsible borrowing and repayment behaviour by providing users with greater transparency and context around credit decisions.
The company stated that the platform seeks to help users build stronger credit histories by offering tools that evaluate affordability before extending loan options.
Cash by CRED is currently available for download on Android devices. Financial terms, loan offers and eligibility criteria will vary based on individual user profiles and lender assessments.
