The idea is simple. On the one hand there are people who want to give loans and get attractive interest rate on their money. On the other hand, there are people with a monthly salary of € 1,000 and up, who need a loan of up to 15,000 €. Blender makes the connection between them, verifies their ability to repay, and anonymously connect them. The result: higher interest rates for loan providers, and lower interest rates to borrowers.
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