Credi can help stop disagreements and problems before they start, and help you protect your relationships.
Remembering payments dates or hassling others about payments is a pain. Our email/SMS payment reminders keep the lender and borrower up to date.
Credi will manage the tracking of payments, allowing the lender to mark as overdue, forgiven, cleared or failed any repayment and notify the borrower.
Our service is a cost effective way to help guide you through the process of lending and borrowing to people you know.
During the loan, any changes are recorded and communicated – keeping everyone up to date at all times.
Build your own customised loan. Select amount, term, start date, fee(if any), repayment dates, you choose.
Use the Credi platform to send your loan request out, and negotiate and change the terms until they are agreed.
Once agreed , contracts are eSIGNED by both parties and legally binding contracts are issued.
Alerts via email and SMS notify the borrower of forthcoming repayments, and any requests for repayment changes.
Repayment management looks after repayments, on time, early, late , underpayment , overpayment – updating the system and amending the future repayments schedule automatically.
Changes are recorded, and Credi tracks any changes in the agreement , payment history and future repayments – so everything is in one place.
Poor financial planning made us run out of money in the middle of a trip in South America. We had the option to get a loan from our Bank but preferred borrowing money from our own family back in Australia. Credi gave us the flexibility we needed in negotiating the interest rate and the repayments we could afford to pay back without stressing even more. We haven't talk about money with the family ever since, Credi made it simple yet efficient.
Credi was perfect for me, I documented a loan from my wifes parents to help us upgrade to a new house. Now we have no doubts about what to pay back, when and how.
I needed a five thousand dollar car loan, I asked my dad through Credi to formalise this because he wanted some security. We agreed on a twenty four month repayment schedule, what I like about Credi is that if i was late I could arrange with my father to put a pause a repayment or add extra payments, or even forgive me a payment. We were able to fully negotiate and deal with any problems as they arose. All in all an incredibly powerful product to help me and my father deal with our financial relationship in a positive and professional way.
Finally a solution to help me keep track of all my loans – goodbye spreadsheets!