Kiva Lending Team: Easycredit
We loan because...
Sins 2006 Easycredit has helped over 90 000 people in Sweden with micro loans. The big banks in Sweden rarely approve loans to people with a bad financial status. Easycredit wants to be different and instead of disapprove the application because of a persons current economical status, we look closely at the application before taking a decision.
In Sweden the micro loans, or payday loans as some would call it, has become very popular because of the quick application processing. You get answer if you are approved or not in just a couple of seconds after you have filled in the loan application.
Easycredit was the first lender to provide people with this micro loans in Sweden. In the early 2006 this loan form was called sms lån, which in swedish means sms loans. That's because you just had to send an sms with the amount that you wanted to apply for and in a couple of seconds you would receive the answer.
Today the technique has made it possible to apply for a loan online no matter which device you are using or even just call and apply for the loan if you would like to. Even though you don't send an sms to apply for the loan in Sweden anymore, this loan form is still called sms lån.
Location: Sms lån in Sweden Team website
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