Category Archives: Lenders

The internet portal GetMoney is currently presenting itself as a true think-tank in matters of credit. Loan sponsors recently had their premiere here, to help loan seekers with advice and support, and credit providers now feel the blessings of the GetMoney creative pool. For the first time in the history of so-called P2P loans (peer-to-peer loans, or private-to-private loans) cars can now be used for credit protection. The already low GetMoney credit default rate of just under 6 percent (of which only 0.19% complete losses) should be lowered even further. One recognizes this form of protection by a car symbol on the profile of the loan seeker, with the latter indicates that he guarantees as a car owner for the security of a loan. In order to determine the current value of his car and thus the value of the car security for his credit , the borrower must use…

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