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New Zealand Herald digs deep to find out about the new Fintech in town

New Zealand Herald - CREDI The loan agreement platform

Credi.com, last month, announced the launch of its platform in New Zealand. Now with only a week to go, the New Zealand Herald has dug deep to find out what to expect from Credi’s fintech platform.

The main question on their mind was ‘the level of protection for users’. But CEO Tim Dean reassured them that the loan agreements were legally binding.

Dean states that “People are lending millions of dollars to friends and family, not because they want to make money out of them, but because they want to help them out and they just want to have a structure that means they don’t have to talk about it, and if there’s ever a problem ‘this is what we said, there’s no dispute’.”

Read the article in full below.

 

Credit: NZ Herald Staff Reporter

Source: New Zealand Herald

 

 

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. Nothing on this site is legal advice and you should consult a lawyer to get 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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