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Budget 2018 leaves “Bank of Mum and Dad” to help first-time buyers

Cpule use bank of mum and dad to buy first house

With over 50% of first-time buyers getting support from ‘The Bank of Mum and Dad’ , a number of parents were looking to the budget to help shoulder the financial cost of helping their children get into the housing market.

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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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CEO Tim Dean live on Channel 9 News

 

Formalise loan agreements with Credi

If you have a business associate, friend or family member who you would like to lend to or borrow from, you can use Credi to document the process.

 

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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Majority First-home buyers now use ‘Bank of Mum and Dad’ according to domain.com.au

The majority of first home buyers now borrow from the ‘The Bank of Mum and Dad’. Accounting for more than $20 billion in property loans after shooting 25 per cent higher in the past year.

Read Article 

Source: www.domain.com.au

Want to take the stress out of lending to friends or family?

Credi empowers ‘The Bank of Mum and Dad seamlessly managing your loan agreements avoiding potential disputes.

 

 

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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Couple loses £90,000 in what they thought was a loan to their daughter

Fomarlise a loan online with Credi empowering The Bank of Mum and Dad

A misunderstanding in loan terms causes a rift at the bank of Mum and Dad .
Read article

Source: dailymail.co.uk

Formalise a loan agreement with Credi

Credi.com is a world-first relationship-lending platform that empowers ‘The Bank of Mum and Dad’. It is an efficient, cost-effective means of formalising loan agreements between family members, friends and businesses. Credi is a web-based app specially designed to allow you to create, manage and automate your personal lending with friends, family members and business acquaintances. Credi does not lend money, it is simply the software that helps you manage and formalise your lending and borrowing with another party. Reducing potential stress and heartache.

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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Credi Corporate Presentation

We would like to share Credi’s latest corporate presentation which as well as being the latest snapshot on Credi, highlights where we see the next six months key activities.
 

The next 6 month plan

  • Onboard over 50 Partners
  • Complete the  integration with Jobhack –  delivering Credi to an additional 40,000 users in 187 countries
  • Launch Credi in hundreds of schools with the Kidpreneur Challenge   – accessing thousands of Australia households partnering with Australians leading Edtech company delivering the only curriculum based entrepreneur  education program, including Credi as a core component to the course.
  • Grow our Tekkon Tech Group to over 20 developers
  • Establish an ” on the ground ” presence in the UK

Establishing loan agreements between friends or family?

Credi is an efficient, cost-effective means of formalising loan agreements between family members, friends and businesses.

https://dashboard.credi.com/#/signup?ref=cpw-blog

Credi has now launched our partner program and is accepting applications. If you are a bookkeeper, accountant or finance professional find out how Credi Partner can save your clients time and money documenting loan agreements   – find out more.

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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Credi User Stats – January 2018

Credi takes up Internationally.

In December we quietly opened up our platform to 51 countries, and organically we are seeing usage spread globally. Our strategy remains to formally establish a presence in the UK in by mid-2018, and then accelerate through partnerships and strategic alliances.

Australia is still our dominant marketplace, and with our partner program imminently launching, we are continuing a local focus – mindful of the opportunities that are presenting themselves internationally.

We welcome any opportunities to partner / collaborate – and my team or I can be reached via partners@credi.com.

Tim Dean CEO

 

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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What a great 2017!

 

 

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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Home loans from the Bank of Parent

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.

2000 users cant be wrong, why wait.

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.

Credi on The Daily Drive

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.