Creditstair Credit views: functioning, features and benefits
The Creditstair Credit, beyond the name, is a web platform specialized in the provision of online loans, which operates with a regular authorization issued to the company that manages it, the Creditstair Sa of French origin (which operates under license from the Bank of France and which, in Italy, is also included in the lists of the Bank of Italy). From here it is easy to arrive at positive opinions on the safety of his work, an aspect that is also emphasized by that of convenience, given that it offers very competitive rates.
What is that?
Creditstair Credit’s “marketplace” function and structure can make it associate and confuse with a Social lending platform, of which it maintains its role as a “showcase” (which finds its strength in the web), and the fact that, in a transparent way, the offer is put before the demand. On the other hand the company that manages it operates, as mentioned, by virtue of a banking license issued by the appropriate authorities, which instead produces a very clear difference. Creditstair Credit acts as an intermediary, but does so as a “bank”. In practice, therefore, it does not offer its own loans, but allows demand and supply to meet in the conditions that both parties deem most convenient.
How does it work?
From the operational point of view the operation is however completely overlapping with that of a social lending platform (see also Opinions Smartika). In particular:
- both those who want to perform the function of investor and applicant must register;
- requests judged to be financeable are published in the marketplace, so that the various lenders can subscribe for a loan, so as to share the risk that it will not be fully or partially reimbursed.
Once registered according to the type of role to be played, request for a loan or investment of one’s own savings (which, however, is only accessible to “professional investors”), very different paths are followed, as the strength and reliability of the applicants is subjected to a careful analysis carried out by the staff of Creditstair Credit.
By registering you create the credentials that will allow you to enter your personal area when you want, also to be able to follow the point where the request is located, or the repayment situation (for example how many installments are missing, make a new request, etc. ). The interest rates applied depend on various factors (such as solidity, reliability, amount requested, etc.), which makes the aspect of the loans as well as the investment aspect “customizable”
If you are interested in Creditstair credit services as investors, you can do it only if you prove to be professional figures, or have the appropriate experience, knowledge and skills, especially in relation to the risks associated with this type of ‘investment.
Conditions: amounts and durations
Personalization remains a very important aspect, even if compromises have to be accepted in the durations, due to the stakes that the French company has entered. In particular, for the duration, the range from the minimum of 6 installments to the maximum of 84 monthly installments must be accepted. Amounts with Creditstair Credit start from 1000 euros (even those who want to invest must start from at least 1000 euros) to reach the maximum threshold of 50 thousand euros. This, in particular cases, can be overcome, even if after a careful control on the applicant given the greater difficulties that can be encountered in repaying 50 thousand euros or more in just 7 years.
NB The rate that can be obtained is determined according to one’s earnings situation and the rating that the French company has assigned to the applicant. This explains some differences from the minimum rates that can be advertised on the web.
How to register?
Let’s start with the hypothesis of a person seeking funding. First you need to do some sort of screening depending on what you are looking for:
After selecting the appropriate parameters according to your needs, you must enter a valid e-mail address where the loan proposals will be sent in line with the indications we have provided:
Only at this point will you have to provide more in-depth information on the type of work, monthly net salary and personal data to complete the actual registration. Once the procedure is completed, the e-mail address must be validated and the registration must be confirmed.
If you are faced with a suitable proposal, you can proceed to the actual request. This is done 100% online with the digital signature of the contract which is sent by e-mail by Creditstair credit (it is of course necessary to attach the various documents required). The assessment of the admissibility of the loan request takes place in approximately 24 hours from the completion of the sending of the requested documents.
Opening a new current account?
If you follow the registration as “financed” you do not open a new “bank” account but only an account to handle requests, documents, etc. Among other things during registration, Iban must be provided with its current account, which will receive monthly installments via Sepa Direct.
Company data and contacts
There are no actual branches, precisely because the structure of Creditstair credit was created for an online offer. Obviously the company that manages the platform has official offices, namely:
- Italian registered office and General Management in Via Sardegna 40, 00187 Rome, which refers to Creditstair Sa in Italy, in turn subject to control by the French parent company;
- registered office in Paris, 24 rue Drouot.
As contacts, for Italian customers, the choice is:
- the landline number 06 94 80 21 39, for example if you need help in filling in the data;
- the form on the site on the site for information or assistance.
The recent history of Creditstair Sa, despite being founded in 2011, has led to the ‘birth’ of numerous reviews, which seem to converge towards a unanimous opinion in support of fairness, transparency and convenience. An aspect also proven by the official website which shows about 95% of reviews and positive opinions from Trustpilot ( date 12/07/2019 – Source: Trustpilot site ).