Credi’s new records in July 2017

Credi.com, the platform that powers “the Bank of Mum and Dad” – has set new records this July 2017. Overall the platform has exponentially increased the number of users and overall loans on the platform.

This July 2017 saw $26 million worth of loans set up to be managed and formalised on the platform. With $8.5 million of this being active/live on our platform – seeing a 61% increase from last month.

The platform is also 46 away from reaching 1000 users on the platform. This has overall seen a 62% increase from last months user statistics.

Keep an eye out for more to come and next months statistics.

Isabella Fransz

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.