I know that, in case of the default, you will send all documents to the courts, that's right? I would like to ask what type of documents you will send? Which ones? Do you have a list?
The service of the Guarantee Fund will be proposed if necessary. In this case,
we will issue the platform’s surety agreement.
In case of default, the platform will pay the loan amount (or a part of the loan,
depending on the selected Guarantee terms) to the Creditor, and the bail will
be collected and reimbursement of the platform will be completed
A loan agreement relevant to all aspects and requirements of the legislation, is created;
• The loan agreement is signed by an electronic signature, which is given
to the user when registering on the platform (with the relevant documents —
an agreement on the use of an analogous handwritten signature);
• The loan is issued on a previously verified credit card;
• The Borrower returns the loan in his account by charging money from his
credit card;
• The loan agreement provides for the possibility of changing the jurisdiction
of the dispute to the place of residence of the creditor in order to minimize
the legal costs;
• We legally support the creditor in order to recover the loan (in the case
of default).
