Easy Credit – First originator in iuvo

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Easy Credit is the biggest fast-lending company in Bulgaria. It was created in 2005 and for more than 10 years it has proved as an indisputable leader in personal lending.
Since its launching the company has allocated more than 1M to 500K users. The company clients are with different social status and origin and use Easy Credit products for various purposes – payment bills, repairs, medical expenses, vacations etc.
A characteristic distinction of the company is the personal approach of the lending. The core of its business is more than 6,000 credit consultants who visit customers where and when convenient, shortening the distance between the company and the people and creating personal and long-lasting relationships.

Part of the company’s financial results for 2015:

EURO
Annual turnover 38 860
Profit before tax 4 943
Total assets/em> 37 670
Total assets 30 272
Retained earnings 17 306

 

The company offers buyback guarantee for each credit listed to the platform and it is obligated to redeem the credits which entered more than 60 days delayed.
Easy Credit, as any other originator on the platform, is required to keep at least 30% of the value of each credit, the so called “skin in the game”. This ensures that the interests of both investors and originators are always the same.

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