Did you see Credi CEO Tim Dean’s interview for CPA’s InTheBlack?

We all want to help out where we can when it comes to family but it’s important to have the right documentation in place in order to stop potential heartache and risk of default.

Even when lending to those closest and dearest to you, you should be seeking independent advice. Image & caption source: intheblack.com

“Tim Dean, founder of cloud-based loan documentation (and management) service Credi, believes a simple paperwork process, which keeps both parties on their toes, is the answer. The idea of going to a lawyer to draw up an agreement would not excite most parties, Dean says, and yet documentation will remove that uneasy conversation about last month’s missing repayment. Dean’s site has a loan-builder module which, he says, can do the complicated maths and present the loan in an easily digestible package.

“Some people deal in rates, while others say: ‘I’ll lend you A$100,000; you can repay me A$101,000 back in two years’ time’. Others may want monthly repayments. The platform can handle all the different scenarios,” says Dean.”

Learn more about formalising loan agreements among friends, family & business, and how Credi makes this process quick, easy and affordable.

Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews and appearances. More…

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Credi is the World’s #1 loan management platform for private lenders.

  • Formalise your loan agreements online
  • eSignature functionality means no paperwork needed
  • Trusted by over 5,000 people worldwide
  • Takes minutes to setup
  • Track repayments online or through the Credi mobile track app
  • Option to secure your loan with borrower assets (PPSR registration, for Australian users only)

Better Loan Documentation
& Management

Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.

Better Loan Documentation
& Management

Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.