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Builders in Fintech

Creditspring

by Creditspring

Information provided by Creditspring, reviewed by Builders in Fintech.

Membership-based small loans with a fixed fee instead of interest

Category
Consumer credit and BNPL
API
Not available
Markets
United Kingdom

Creditspring is a UK lender that offers small personal loans through a membership. Members pay one fixed monthly fee with no interest and no hidden costs, and in return can take two loans a year, with plan sizes ranging from 200 to 1,200 pounds per loan. The service is aimed at people who need a safety net for unexpected costs as an alternative to payday and other high-cost credit.

Company-provided, not part of the CC BY dataset.