How do I cancel a loan agreement?

Credi allows you to mark a loan as cancelled inside the platform. This will notify both parties of the loan cancellation, once agreed the loan will be marked as cancelled in your Credi account. The ‘Cancel Loan Action’ is under the ‘Loan Action’ drop down on the top right of the manage loan page.

How do I add an extra repayment to a loan?

To add manual payments click on the ‘Loan’ icon at the top of the dashboard page. From the list of loans, click on ‘Manage’ icon from the loan to add the extra payment (right-hand side). Scroll down the ‘manage a loan’ page up to the ‘Manage Repayments’ section and click on the ‘Add a Payment’ […]

How are repayments managed in Credi?

On the Manage Loan page, below your agreement details, you will see the Manage Repayments section. Here you can view your repayment schedule and your repayment transactions. At the top of the repayment schedule, you’ll see the initial disbursement amount. This is the full amount lent. Below this is the repayment schedule with the planned […]

What are the minimum system requirements?

The Credi platform supports the following browsers listed below: Chrome 54 and later Firefox 48 and later Safari 10 or later Microsoft Edge Unfortunately, Credi does not support any version of Internet Explorer. For the best experience, we recommend downloading the newest version of your preferred browser. To make sure works to the best of […]

Would Credi work in my country?

Credi is offered to over 50 countries around the world. calculates loans in the currency of your selected country and the Credi loan agreement is governed by the law in the country that the borrower resides in. This may mean that Credi is applicable and usable by you.

How much does Credi cost?

At Credi, we have a clear and simple fee structure. All loans on the Credi platform under $2000 AUD are free of charge. For loans over $2000 AUD, Credi charges a one-off fee of $88 AUD including GST.

Would Credi work on Mac?

Yes, Credi works across all devices: desktop, laptop, tablets and mobile.

Is Credi a software that I need to download?

Credi is a web-based application accessible from any device. There is no download required at all.

How is Credi different P2P lenders like Circlender, Lending Club, Zopa, Yirendai, etc?

Credi is not a lending marketplace and does not connect users to lenders. Credi is simply a platform that a lender and borrower use to facilitate their loan, making the process easier to manage and formalised all in one place. Credi allows you to build your loan, varying terms such as loan amount, term, interest […]

Does Credi guarantee repayment of loans?

Credi does not guarantee repayment of loans. Lenders fund loans at their own risk and goodwill to help out a friend, family member or business acquaintance.