FinTech Alliance company Monevo has partnered with flexible loan provider Creditspring.
In Brief:
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Creditspring offers customers two no-interest loans per year.
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It also helps them boost their credit score through a monthly membership fee.
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The lender will be integrated into Monevo’s personal loan marketplace in the UK.
What does this mean?
Monevo’s aim is to make finance work for everyone – its white label solution allows customers to find lending products that suit them in a clear and efficient way. An option to use on-time membership payments will enable consumers to build a credit score without getting into, or furhter into, debt.
