Credi.com sets new records by processing its largest loan

Set new record processing its largest loan

Credi.com, the platform that powers “the Bank of Mum and Dad” – has set a new record by processing its largest loan. A Credi.com user processed a loan with a related party for $ 950 K in June.

Tim Dean, Credi.com CEO commented. We are still digesting our launch, yet the uptick in customer acquisition over the last 30 days has been very encouraging. We are still pre any direct program marketing, yet through PR and word of mouth, we have grown by over 75% in live loans on our platform. Credi.com users are documenting property transactions, car purchases, startup costs and loan consolidation. From $ 950,000 for property purchases to $ 60 for a pair of shoes.

Over the next three months, we will see our partner program launch and product extensions to cover a variety of loan types.



NOTE: The views and opinions expressed here are mine and do not necessarily represent or reflect the views of Credi Pty Ltd.

Credi Pty Ltd (Credi) is not a bank, provider of legal advice or a financial lender.

Credi only provides a platform that allows friends, family and third parties to originate, negotiate and conclude loan agreements amongst themselves.

Credi does not provide legal advice, monitor or assess, agree, approve or decline any loan requests nor does the platform perform any funds transfer services.

Credi is not a law firm or legal practise, is not engaged in a legal practise and Credi does not act as lawyers or provide a legal service.

Nothing on this site should be considered is legal advice and you should consult a lawyer in your area to get specific legal advice and certainty of your legal rights and obligations.

The use of the Credi platform is governed by Credi’s Terms of Use.

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