Know your credit limit in no time with LazyPay

The amount available for individuals to conduct their day-to-day and monthly purchases in their favorite buy now pay later apps such as LazyPay is known as the credit limit. Synonymously known as microcredit, this feature on LazyPay enables users to utilize the entire amount subject to the condition that it is prepaid within 15 days. Customers need not worry about having a clean credit study as LazyPay sets its own limits and processes the instant credit applications in a swift way, thus equipping you with the necessary funds to fulfill your credit requirements in a timely fashion.

Credit Limit in LazyPay

 Knowing your credit limit is an important component to conduct stress-free transactions on food aggregator websites such as Swiggy as Zomato; on travel aggregator apps such as MakeMyTrip.

Mobile phone companies and Direct to Home recharge companies such as Tatasky are integrating the services of LazyPay on their payment platforms, thus imparting credibility to the online credit services that LazyPay is offering.

• Customers have a better chance of achieving a higher credit limit when they make frequent use of the LazyPay app for their shopping needs. For example, using LazyPay services at food aggregator websites and mobile phone recharges ensures that your credit score is increased, which automatically enhances the LazyPay credit limit.
• All purchases that you make on LazyPay are consolidated on a single platform that helps keep effective track of your expenses and inculcate the spirit of financial prudence in the long turn.

 

 

 How credit history affects you LazyPay credit limit?

 Credit score is an important criterion for enlarging your credit limit. It is imperative that you maintain responsible financial behavior to get into the good books of credit agencies. Any late payment and other penal charges will decrease your credit score. The LazyPay customer service team sends constant reminders to the customers when the payment due date is approaching and help the customers in maintaining a clean credit score.

 Conducting financial transactions with ease using LazyPay

• LazyPay authenticates your financial information during the process of sign up. You need to click on the order button simply, and the payment is successfully carried out in a matter of 10 seconds.
• The repayment choice is completely at the discretion of the LazyPay user, and they can clear outstanding amount at any point of time with no questions asked and with zero charges levied.
• There will be zero application of interest on the outstanding balance for a grace period of 15 days which also has the added benefit of interest savings on your savings bank account. Shop now pay later online apps like LazyPay help customers to save their extra money for emergency needs by postponing the payments to various retail merchants for up to a maximum of 14 days.
• There is no need to enter bank debit card and internet banking details at the point of sale when you have a LazyPay app.

Avoiding Transaction failure at Check out

• LazyPay apps can eliminate the unwanted and undesirable headaches of transaction failures during debit card payments at online stores. Apart from this, zero processing charges are applied when you conduct transactions using LazyPay credit limit.
• The personal loans given by LazyPay also offer a chance to users to clear the outstanding amount in the form of affordable EMIs.
• LazyPay ensures a hassle-free checkout experience whenever you are short of time and want to order outside food or book a taxi immediately.
• The error-free experience at LazyPay is making the existing users use this buy now pay later app as their primary payment method in online transactions.

Getting an enhanced credit limit at LazyPay

The credit limits of the LazyPay app will automatically get increased when repeated transactions are made. Consistency in making transactions is rewarded among users in the form of cashback and other non-monetary rewards depending on the quantum of purchase.

Clearing the bills on time increases your financial credibility in the eyes of the loan executives of LazyPay, thereby favoring the chances of getting your credit limits enhanced.