The idea to facilitate the process of granting credits

When we think about getting a loan the process seems to be complicated, full of hidden catches and loopholes that scare us to sign the papers and get the money we need. After applying for credit, we wait for the decision and the end of the verification like it was never going to happen. Where in fact, the process should be transparent and easy, to encourage more customers to get credit.

The most common mistake is to sign a contract with a creditor who has a very high-interest rate. It’s mostly due to a lack of knowledge or research to find a better offer. People not always understand how the interest rate works and they usually end up disappointed.

On the other hand, after getting a few loans, people tend to lose their way around the amount of money they have to pay. Sometimes they have each credit in a different bank and then it is more difficult for them to manage.

That’s exactly what our client wanted to change. The project was a web application that was about to revolutionize the way people think about loans and help them better manage credit through a convenient online profile.

We started working on something great

We specialize in co-development so our developers joined the team of our client to help accelerate the project delivery. Our back-end and front-end developer along with a dedicated project manager was working on the solution while continuously exchanging information with the client. The key to success is always transparent communication and awareness of the common goal.

We integrated the app with a payment system and ensured the easy configuration of one’s profile with the bank account. Each user profile included information about their loan history, which was to facilitate the process of document verification. After successful configuration users would see a summary of all their loans (current and past) along with the outstanding payments and the option to pay off the loan choosing a suitable method (Paypal, credit card, etc.).