There is a likelihood that these lenders are partners of e-commerce platforms from which you had availed of pay later or postpaid services. The company has tied up with Capital Float and IDFC First Bank for its pay later services, according to the company’s website. If you had signed up for Ola Money Postpaid, your credit report would have a limit sanctioned by ABFL. MAKE A NOTEWhen signing up for pay later or postpaid schemes, do keep a few things in mind. According to industry officials, pay later services are at the nascent stage.

Source: Mint May 03, 2021 18:29 UTC