In an age where everything is at the center of technology, even the traditional lending industry is developing on this innovative digital approach. The Estonian company that also operates in Albania, IuteCredit, is at the forefront of the change.
In recent years, the company has invested intensively to make the process of obtaining a consumer loan faster, more efficient and more accessible to customers through the Myiute application.
Recently, it has introduced another element of this application: PAL or "Pre-approved limit". This mechanism enables customers who have a good repayment history with IuteCredit to get pre-approved for their next loan with just one click on the Myiute app.
This means that customers no longer have to wait for the approval of their loan application, which could take several minutes. By upgrading itself, IuteCredit enables any applicant who meets the aforementioned characteristics to be approved instantly and withdraw funds from IuteCredit ATMs at any time of the day or night.
Additionally, they can also use their PAL to make purchases at any of the company's partner stores, disbursing the loan in installments over time.
In an interview for our media, the Director of Customer Service at IuteCredit. Ms. Lida Xhengo said that the PAL function is part of the company's mission to make lending more accessible and user-friendly.
"We believe that digital solutions can make a significant difference in the lives of our customers, and we are committed to providing them with the most exceptional experience," she said.
