Rapicredit

Last Updated: 31.05.2018.

Rapicredit
Loans Originated
€ 44.2 M
Loan portfolio
€ 2.0 M
Buyback Guarantee
With a buyback guarantee
Skin in the Game
5%
Average NAR%
10.9%
Website: www.rapicredit.com
Founded: 2014
Employees: 45
Loan Type: Short-Term Loan
Country: Colombia
Currency: EUR
Effective APR charged to borrowers: 283%- 639%
Loans Outstanding on Mintos: € 438 934

About

RapiCredit.com is a front-runner in the online lending industry in Colombia and started its operations in April 2014. The company’s business model is built on its flexible, quick and hassle-free model to supply loans to borrowers using different online channels. The company was the first to launch a Facebook credit bot in the region. Rapicredit.com is committed to being transparent towards its customers, and this can be seen in its services - there are no hidden charges, fine print or unexpected costs.