Credit sudhaar facts for kids

Credit Sudhaar is an online company in India that helps people understand and improve their credit. Think of it as a helpful guide for your money story! It started in 2010 and now helps customers in many cities across India.

What is Credit Sudhaar?

Credit Sudhaar is a company that works online. Its main goal is to help people in India with their credit. Credit is like a trust score for your money. When you borrow money, like for a phone or a house, lenders want to know if you will pay it back. Your credit score shows how good you are at paying back money you owe.

How Does Credit Work?

Imagine you want to buy something big, like a new video game console, but you don't have all the money right now. If a store lets you take it home and pay for it later, that's a form of credit. They trust you to pay them back.

Your credit score is a number that shows how well you manage borrowed money. A good credit score means you pay your bills on time. This makes it easier to borrow money in the future, like for a college loan or a car. A low credit score can make it harder.

Helping People with Credit

Credit Sudhaar helps people who might have a low credit score. They offer advice and plans to help improve it. This can involve teaching people how to manage their money better. They also help fix mistakes on credit reports. A credit report is like a detailed history of all the money you've borrowed and paid back.

History of Credit Sudhaar

Credit Sudhaar was started in 2010. It was founded by two people named Arun Ramamurthy and Gaurav Wadhwani. They wanted to create a way for people to easily get help with their credit. Since then, the company has grown a lot.

Where Does Credit Sudhaar Operate?

Credit Sudhaar helps people all over India. They have customers in 217 different cities across the country. This means they reach many people who need help with their financial health.