Responsible lending
At Creditmonga, we are committed to responsible lending. This is essential to safeguarding both our lenders and borrowers. We adhere to the standards set by our regulators to ensure fairness and transparency in all our lending activities.
Pricing and affordability

We consider the borrowers income and expenditure to asses the affordabilty of any loan products. We provide competitive pricing driven by lower capital requirements and cost efficiencies and always aim for transparency in fees and charges.

Credit assesments

We run affordability and credit checks on the borrowers. In are cases when the borrower runs into financial difficulty, we try to get best out come by continuously engaging with borrower and keeping investors concerned informed.

Product suitability

We always check that our products meet our customers' needs. Lending products that take account of evolving borrower expectations, digital trends and cater for varied borrower profiles and circumstances.

Lending approach

Flexibility in credit underwriting; lending decisions allowing for the dynamic borrower circumstances with less use of rigid, automated lending criteria.

Digital experience and automation

Enhanced borrowing experience - seamless loan application process and onboarding, easy to make repayments and manage accounts online

Data-led

Gain insights from our data to aid product design, lending decisions and pricing.