The company Ixpandit Fintech Factory, fintech dedicated to provide personal digital loans, conducted a survey among its customers to detect what was the reason at the time of requesting a loan in the service Advances.
The survey was sent to a base of more than 4 thousand people, of which 10.35% responded. The surveyed public declares to be, private employees (60%); public employees (22%) or monotributistas, housewives, retirees, among others (18%).
34% of the respondents said that they request a loan for the payment of services owed or cancellation of debts in general. 20%, on the other hand, allocates the funds for unforeseen expenses or arrangements at home. Meanwhile, health issues occupy the third place, with 15% of the total, being the purchase of medicines, health studies and medical consultations, the main destinations.
Among the reasons why people request an online loan through Advances, users prioritize the speed with which the deposit is made (42%); followed by the amount approved according to their credit risk (22%) and in third place, the trust they have for Ixpandit (20%).
Advances, specializes in offering personal loans and salary advances. In this way, it offers cash in a safe manner, applying protection practices to maintain the integrity of the information.
Since it is a 100% paper-free operation, the applicant – even if he is in Veraz’s situation – can enter his personal data in the online form from any device. This can be done at any time of the day, 365 days a year. Once the loan is approved, the money is deposited in the bank account in a period of 6 seconds, quickly and securely arranging the requested amount. The amounts of online loans with advances can range from 1,000 to 15,000 pesos.
Ixpandit, is a Fintech Factory, created by Matías and Tomás Friedberg, who position themselves as the new generation of the FINTECH world. The company combines knowledge of the financial world with the agility of e-commerce. Its focus is on digitizing traditional businesses and proposing new ways to improve the relationship with the end user. This is achieved thanks to Data Science to generate operational efficiency and Technology, with the aim of offering inclusion and speed in the services they provide. The service is 100% digital, instantaneous, 24×7 and without physical documentation. Ixpandit has more than 8 years in the market and has several lines of business, including: Grouit, a platform that provides loans to microentrepreneurs and SMEs using non-traditional sources of information for the granting decision; and Advances, platform focused on the consumer market, focused on offering salary advances instantaneously.