Cred will soon allow its users to pay rent using credit card


Kunal Shah's credit card payments app Cred is starting two new lending products - a flexible credit line & paying rent via credit cards, initially will be available for Cred members & then for rest of its users Both services would be fee-based, rent payment service may be chargeable up to 1.75% of the amount, a credit line would be offered at around one-third of interest on credit card charges. Cred is a credit card payment platform that lets cardholders pay bills through the app, and get a bouquet of benefits via Cred coins. The virtual coins can be redeemed across coffee shops, movie theatres, e-commerce shopping, and other curated experiences and workshops, among others.

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