Bengaluru entrepreneur helps billionaire Nithin Kamath ‘repair’ his credit score rating: ‘I’m not ok’ | Trending
Zerodha co-founder Nithin Kamath sparked a lighthearted social media change after revealing that his credit score rating may not meet the requirements of the favored credit score rewards platform, CRED.
In a put up shared on his social media deal with, Kamath wrote, “I did a credit score test on @zerodhacapital to take a look at the circulate, and my rating is 747. So I’m not ok for CRED.”
He additionally shared a screenshot of the credit score rating, which was categorized beneath the “Good” class, falling simply wanting the “Glorious” vary. CRED is understood for accepting solely customers with excessive credit score scores, usually above 750.
(Additionally Learn: Billionaire Nithin Kamath sits like abnormal viewers member in Bengaluru temple for son’s mrudanga efficiency)
Take a look at his put up right here:
Tagging CRED’s founder Kunal Shah within the put up, Kamath’s tongue-in-cheek remark drew a fast response. “I’ll name you and enable you repair it. Glad you’re caring about scores and rising consciousness. Extra individuals want to do that :)” Shah, who can also be based mostly in Bengaluru, replied.
How did X customers react?
A number of X customers jumped into the dialog after Zerodha co-founder Nithin Kamath revealed his credit score rating, playfully claiming they’d outperformed him.
Some shared screenshots of their very own scores, quipping “I beat you” in response to Kamath’s put up.
Others have been shocked to seek out their credit score numbers larger than that of the well-known entrepreneur, with one consumer commenting, “I can’t imagine I’ve a greater credit score rating than yours.”
Whereas some praised Kamath for drawing consideration to the problem, others used the second to critique the credit standing system itself. “Glad you’re doing this. CIBIL is a complete rip-off.
Making an attempt to rectify an error is a nightmare,” one consumer wrote, including that it’s far simpler to convey down somebody’s rating than repair it.
Just a few speculated concerning the causes behind Kamath’s decrease rating, suggesting a missed mortgage cost or advising him to hunt steerage from monetary influencers on Instagram.
(Additionally Learn: ‘They weren’t regular children’: Nithin and Nikhil Kamath’s mom shares struggles of elevating two youngsters)
