PeerCredit helps make your loans with friends and family easier and more secure. Here is how:
Making conditions clear. We guide you through all the necessary details to be agreed on - the loan amount, interest rate, start date, repayment frequency and repayment method.
Increased legal security. By recording a loan at PeerCredit, you gain access to an interactive, shared repayment schedule. Both the lender and borrower can make notes on dates when repayments are made. They can upload documents such as the loan agreement or proof of transactions, and send messages that cannot be deleted later.
Simplified administration. PeerCredit notifies you on any actions taken by the second party (e.g. making a note when the repayment is sent) as well as on upcoming or late payments. You are also able to send reminders with a single click.