Dec 2019 | Experian in the news |

Now, an app to monitor your credit Score

 

It is now possible to monitor your credit score for free using a mobile app and even get advice to improve the same.

 

Experian India, the Indian arm of global information services company. Experian, has partnered with FPL Technologies, a fintech;, to educate consumers on credit behaviour via the’ latter’s OneScore mobile App, a credit-monitoring app.

 

This partnership will help consumers monitor, understand, and get insights into their credit score and report on a monthly basis. OneScore is an app with an Al powered ‘score planner’ that helps consumers improve their score.

 

The app, which is available on both Android and i0S, analyses one’s credit report and provides personalised tips on improving credit score, apart from sending alerts whenever the score changes.

 

Commenting on the partnership with OneScore, Ashish Singhal, Managing Director, Experian Credit Information Company of India said: “At Experian, we believe that it is important for consumers to understand their credit report. Partnering with players like OneScore gives us the opportunity to educate consumers about the importance of a good credit score. It also helps us fulfil our goal of enabling financial access to credit thereby putting consumers in control of their credit reports.” Anurag Sinha, co-founder and CEO, FPL Technologies said: ‘We are delighted to partner with Experian to educate consumers and create awareness around the importance of maintaining a healthy credit score. OneScore is a purist app, which means consumers are not spammed with promotions of third-party products.

 

The mission of FPL Technologies is to make consumers more aware of their loans and credit and repayment trends to have a healthy credit score. The -app also allows consumers to raise a query if there is any discrepancy in their report.

 

“We are optimistic that our partnership with Experian will help consumers understand the nuances of their credit report in a simplified manner and inculcate a credit discipline in them,” added.