Company Name: Credi
Announcement Date: 19/10/2017
Announcement Category: Awards/recognition
Announcement Content:
Credi was live on Channel 9 News last Thursday and Friday. Nathan Brooks reports on how many adult children are turning to their parents when buying their first home. Resulting in the so-called ‘bank of mum and dad’ becoming the fifth biggest lender in Australia.
CEO, Tim Dean, created the platform to help family and friends formalise and manage loans. 9 News reported that 50% of informal loans between family and friends aren’t documented, as a result arguments often arise and relationships can be damaged. Tim Dean, having countlessly lent to his adult children and colleagues over the years realised how important a platform like Credi was to help protect relationships and safeguard trust.
Watch the video below of the interview that aired on 9 News Thursday and Friday of last week
Credit: Nathan Brooks 9 News
Source: Nine News
Announcement URL: https://credi.com/2017/10/16/credi-9-news-feature/
About Credi:
We want to save relationships from the strain of financial dealings by turning informal agreements into credible, manageable and formal ones. We believe that by taking the duty of reminders, calendaring and contracting on behalf of the lender and borrower we are removing the most fraught aspects of relationship loans.
Credi gives you the platform and the tools for loans between family and friends. Simply use the app to generate a legally binding document and add your e-signature. Once agreed, you can manage repayments to stay on top of your loan. A simple and easy way to loan money from your loved ones!
Go to Company Profile for: Credi
Announcement Contact: [email protected]
