Last Updated: 27.06.2019.
|Effective APR charged to borrowers:||0%-607%|
|Loans Outstanding on Mintos:||€ 9 568 840|
Metrokredit, established in St Petersburg and regulated by the Central Bank of Russia, offers its borrowers a fast and convenient service. All loans are issued solely online via their website and for first-time borrowers, they can receive a loan in just five minutes once approved. For repeated borrowers the time is even shorter - they can have funds in their account in only one minute. The approval process is also very fast as the company uses an advanced self-developed scoring model. This allows the company to evaluate the creditworthiness of a borrower within 10 minutes.
Metrokredit is a related party to Mintos according to IAS 24.