CreditQ- Zero Defaulters

CreditQ is an application for MSME to report defaulter and generate credit information reports.

CreditQ portal and the application facilitate CreditQ members to report defaulters, report business defaulters in order to caution other MSMEs to be aware of the defaulters. For the purpose of facilitating the MSMEs, CreditQ puts up a defaulter’s detail and businessmen can seek information about other businesses through Credit Information Report. CreditQ is the first Credit Information Reporting company in India which has come up as a useful resource for businesses across India. It acts as Vyapaar Ka Chowkidar and alerts businesses from dealing with reported defaulters.

Creditq is the first Indian platform which would have a positive impact on the overall economy. This would have a positive impact on the overall economy as there would be more fair and sure dealings, there would be no defaulters and the Indian economy’s growth would see an upward trend.

Key Features:
1. Businesses or MSME who have a valid GST registration number and who have already registered as members on the CreditQ portal or app can report a defaulter. And defaulter list is checked and verified by CreditQ’s professional team so that members can rest assured that the defaulter list and information on the portal is 100% verified and genuine.
2. Reporting a defaulter on the CreditQ platform increases the scope of settlement in the future. If the concerned parties, the registered members and the defaulters agree and settle the payment then the registered member could remove defaulters' names from the list of defaulters in the CreditQ platform. Based on the information provided by its members as well as through valid and authentic official sources, CreditQ prepares the Credit Report of businesses. Based on this credit report which highlights some vital information about the financial dealings, the members can make informed decisions about whether to deal with them or not.
3. Track Business Defaulters on the go
4. Membership
5. Report Defaulters
6. Settle Payment
7. Credit Information Report
8. MSME
9. Businessman
10. Business Defaulters
11. Credit Defaulters

Quick Steps to Remove the name from Defaulters list:
1. Justify your payment terms
2. Settle your pending payments
3. Maintain your relation with creditors
4. Start improving your CIR today
5. Avoid delay in payments
6. Avoid deficit in cash flow

Benefits:
1. Benefits to becoming a CreditQ member provide you complete information on the prospective client and helps you to identify if the client has defaulted on payments before and it will be feasible or safe to do a business dealing with the said client.
2. The benefit of reporting defaulter on the CreditQ platform, the defaulter will be exposed all over India as the Credit Information Report and defaulters list will be available to all the members across India.
3. A Credit Information Report can be generated by registered members on the CreditQ portal. The CreditQ Credit Information Report of the businesses and clients follows a specialized format. It has a unique Credit Information Reporting Diagram. The report also highlights the number of companies that have declared the business as a defaulter. Besides, these, the report also highlights other information which is helpful to the members in making up their minds about dealing with the said new business or client.