Loan agreements between family, friends and colleagues.
Why do people use Credi?
In many cases, when people lend or borrow from family and friends the terms and agreements of the loan are not formalised or documented in writing. As a result, issues can arise and sometimes relationships are left in ruins. People use Credi to formalise their loans and then manage them – protecting their relationships and avoiding disagreements.
Credi changes the way people lend to each other by providing them with a platform to create, negotiate and accept loan agreements with the people they know and trust. Credi loan agreement, relationship lending, division 7a loans and repayment management online platform offers users transparency, flexibility, and formality to informal loan agreements in Australia.