Will you carry out a credit search?
As a responsible lender, Cred will always carry out a credit search. A credit search will be performed when you submit an application for a Cred account which will leave a “hard footprint” on your credit report. Checking your eligibility for Cred won’t impact your credit rating. We use TransUnion to carry out the credit searches.
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What happens if I take out Cred flexible credit and change my mind after?
You have 14 days from the day after you receive confirmation of your initial credit limit to tell the Cred team that you want to withdraw from the agreement. Confirmation of the initial credit limit will be emailed to you when your application has ...
Will Cred ever charge me extra fees?
There’s no fee for opening your account, setting up an instalment plan, or repaying early. If you miss payments and we need to take enforcement action to recover what’s owed, we may charge reasonable costs such as court costs, tracing costs or ...
How much can I borrow?
Cred offers credit limits between £1,000 and £10,000. The limit we offer you is determined following a creditworthiness and affordability assessment at the time of your application, which includes a credit search carried out by TransUnion. We will ...
How do I raise a complaint?
To look at our complaints policy please click here. This will take you to our complaints page where you can tell us how you think we can improve. You can make a complaint in several ways. Raise complaint directly with us via raising a service ticket ...
Who are Cred?
Cred is a direct lender offering responsible credit directly to UK consumers. You can easily access our mobile app on the App Store or Google Play Store, or simply visit our website for quick access to download links Cred offers customers a flexible ...