Small loans and Big Data
Applying for a small loan trough one of our subsidiaries is very simple. There is no unnecessary paperwork to do, documents to fax or annoying hold music, because our services are provided 100% online from start to the end. Customers can use our sliders to decide exactly how much money they want to borrow and how many days they need to pay back the small loan. We show the full cost of repayment and, once our customers have chosen how much they want to lend, they just click to apply. We’ll then ask for some personal details and banking information and run our fully automatized scoring technology to check their credit worthiness. We usually provide our decision in a few seconds and, if approved, we send the cash to the bank-accounts within 15 minutes. That makes us the fastest 24/7 small loan lender in each of the countries we operate. We don’t want to keep our customers in debt. Our subsidiaries provide small loans for a few weeks. Our customers are always free to make an early repayment and with no hidden fees. We will always tell the potential customers what the full cost of repayment will be upfront. There are no catches or hidden extra costs. If you ask yourself, why we are issuing small loans in so many countries, the answer is clear. Based on the repayments we are able to create our big data scoring model, which can be used in each country!