Credi’s platform can help you create custom loan agreements in under 5 minutes.
Credi platform protects your relationships by formalising the process, preventing disagreements and problems from arising.
Remembering repayment dates or hassling others about payments is a pain. Our repayment reminders keep the lender and borrower up to date.
Credi’s platform manages and tracks payments, allowing the lender to label each payment as overdue, forgiven, cleared or failed and notify the borrower.
Credi helps to guide you through the process of lending and borrowing, to people you know, in a cost effective way.
Throughout the lending process, all changes are recorded and communicated – keeping everyone up to date at all times.
Create a completely customisable loan agreement in minutes. Simply complete the required fields including the amount, term, start date, fee (if any) and repayment dates.
Credi lets both parties customise and negotiate the terms of the loan until you’re happy to sign the contract.
Once both parties have agreed to the loan contracts are eSigned and legally binding contracts are issued.
Email alerts notify both lender and borrower of forthcoming repayments and any requests for repayment changes.
Credi’s platform allows the lender to label each repayment. Payments can also be amended and the repayments schedule will automatically update reflecting the amendment.
Credi records all changes and tracks them 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!