Financial Services - São Paulo, State of São Paulo, Brazil
Credit should enable people to lead better lives.The reality in Brazil is that people are heavily overcharged for credit, in particular for loans without guarantees: Average annualized interest costs for unsecured bank loans are +100% and reach +300% for credit card debt. These astronomical rates completely destroy the purpose of credit and often push people into financial distress. Emprex has developed a digital lending system with a cutting-edge machine learning credit scoring engine. Our solution combines better credit risk assessment with leaner lending processes and allows us to offer fair and affordable consumer loans in Brazil.
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