GoodScore vs Olyv: Licences, phone permissions and user complaints compared

GoodScore and Olyv are credit score apps with over 1 crore installs each. Neither app matched an RBI licence on the registers we check. Both apps require permission to read your text messages, but they differ in audio permissions and how often they reply to user complaints.

By Qrates research desk · 2026-10-27

Quick answer: GoodScore vs Olyv

Neither GoodScore nor Olyv matched an RBI licence on the registers Qrates checks. Both apps require permission to read your text messages. Olyv replies to 100% of negative reviews, while GoodScore replies to 74% (Qrates directory). You can also view a broader BankBazaar vs GoodScore vs Olyv comparison to see how they stack up against other market players.

At a glance: GoodScore and Olyv compared

Here is a side-by-side look at the basic facts for both apps.

Feature	GoodScore	Olyv
Publisher	Arthvit 1809 Tech Private Limited	Olyv (Formerly SmartCoin)
Installs	1 crore+	1 crore+
Google Play rating	4.74	4.77
Recent review average	3.70	3.99

Licences and RBI registration

We could not match a licence for GoodScore or Olyv on the RBI, SEBI, or IRDAI registers we check. Instant personal loan apps often work with an NBFC partner rather than holding a direct licence. Checking the exact NBFC partner is a required step before taking a loan. For more details on safety, you can read our guide on is Olyv safe and registered in India? or check our report on is GoodScore safe and registered in India?.

Phone permissions and data privacy

Both apps ask for permission to read your text messages. GoodScore also asks to record audio and read phone identity (Qrates directory). Olyv asks to see your location. Olyv does not ask to record audio.

User complaints and customer support

GoodScore users mostly report credit report problems. We found this in 12 of 400 Google Play reviews. Another 3 of 400 reviews mention data and spam calls (Qrates directory).

Olyv users mostly report being pushed into things. This appeared in 7 of 400 reviews. Another 5 of 400 reviews mention credit report problems.

Olyv replies to 100% of one and two-star reviews. GoodScore replies to 74% of these negative reviews.

Who each one suits, by need

If customer support replies matter to you, note that Olyv replies to 100% of negative reviews. If app updates matter to you, note that GoodScore was updated 10 days ago. Olyv was updated 104 days ago (Qrates directory). If microphone privacy matters to you, note that GoodScore asks to record audio and Olyv does not. You can also explore other credit score apps if you are looking for alternatives.

FAQs

Is Olyv app RBI registered?

We could not match a licence for Olyv on the registers we check. Loan apps often use a separate NBFC partner to lend money.

Are Olyv and SmartCoin the same app?

Yes. Olyv is the new name for the SmartCoin app. The publisher name is now listed as Olyv (Formerly SmartCoin).

GoodScore app safe hai ya nahi?

GoodScore asks for permission to read your text messages, record audio, and read phone identity. It replies to 74% of negative reviews. Users mostly complain about credit report problems and spam calls (Qrates directory).

What is the interest rate of Olyv loan?

The interest rate depends on the NBFC partner and your credit profile. You should check the loan agreement for the exact rate before accepting any offer.

The short version

GoodScore and Olyv are both credit score apps with over 1 crore installs.
Neither app shows a direct licence on the registers we check.
They differ mainly in the phone permissions they request.
They also differ in how often they reply to user complaints.

Sources

Disclaimer

Qrates is an information directory. It takes no commission from any company listed and does not recommend products. Figures are taken from the sources named and dated, and they change; check the company's own page before you decide. This is not investment, credit, insurance or tax advice for your situation.