Creditstar Group

Creditstar Group, a provider of consumer financial services in Europe, was established in 2006 in Estonia, where they hold approximately 40% market share. Creditstar Group, a provider of consumer financial services in Europe, was established in 2006 in Estonia, where they hold approximately 40% market share. The Group is run by an entrepreneurial team of more than 140 people from more than 20 nationalities. Creditstar has surpassed the one million user accounts milestone, serving customers across eight countries in Europe, including Estonia, Finland, Sweden, Poland, UK, Czech Republic, Spain and Denmark. The company is one of the most seasoned issuers in the Baltic bond market, with 26 successful issues since established. At Lendermarket, Creditstar Group AS provides the investors with a group buyback guarantee to secure each loan originator's obligations. Creditstar’s revenue and customer growth have been fueled by entry to new geographical markets, expanding customer base and product development. The company offers unsecured online and mobile consumer loans in the amount of 50 to 10,000 euros for a period of 5 days to 36 months (or longer in case of credit line). Lending activity is supported by an industry-leading infrastructure that meets strict regulations and provides an exceptional user experience. Creditstar Group acts according to the Responsible Lending policy and thoroughly checks the background of all loan applicants. At Lendermarket, Creditstar Group AS provides the investors with a group buyback guarantee to secure each loan originator’s obligations. Creditstar can extend the duration of a loan by paying interest, as per loan schedule. A maximum of six extensions is allowed, 30 days per extension. Type of customers: Private individuals Products: Consumer credit accounts Customer APR: 25%-35% Geography: EU Currency: EUR
Loan originator Country Buyback obligation Group guarantee Loans listed at Lendermarket* Skin in the game Operating since Average interest rate at Lendermarket

CountrySpain
Buyback obligation Yes
Group guaranteeYes
Loans listed at Lendermarket*14,668,750 €
Skin in the game5%
Operating since2016
Average interest rate at Lendermarket15%

About company

Creditstar Spain SL has been part of the Group since December 2015. The team is proud to cooperate with the Spanish Association of Microloans and apply their Code of Ethics.

Loans are offered for 5 to 30 days, and repeat borrowers can increase the loan amount up to 1,000 euros. The seamless process of loan application makes funds available to borrowers in a matter of minutes.

CountryFinland
Buyback obligation Yes
Group guaranteeYes
Loans listed at Lendermarket*7,548,500 €
Skin in the game5%
Operating since2010
Average interest rate at Lendermarket12.8%

About company

Creditstar Group AS began international expansions in 2009 and Finland was the first market. Creditstar Finland has consolidated their position within Creditstar, growing the business year after year.

The company is regulated by the Finnish Regional State Administrative Agencies.

The team provides credit in a responsible manner offering amounts up to 2,000 euros, for the duration of 30 days to 12 months.

CountryDenmark
Buyback obligation Yes
Group guaranteeYes
Loans listed at Lendermarket*849,000 €
Skin in the game5%
Operating since2019
Average interest rate at Lendermarket13.6%

About company

Creditstar Denmark ApS has been operating since receiving authorisation from the Danish Financial Supervisory Authority in 2019.

The company follows responsible lending principles and offers personal loans to qualified customers through a fast and simple application process. Their loan period is 12 months, and the borrowers can apply for up to DKK 12,000.

CountryCzech
Buyback obligation Yes
Group guaranteeYes
Loans listed at Lendermarket*525,500 €
Skin in the game5%
Operating since2016
Average interest rate at Lendermarket14.8%

About company

Creditstar Czech began operations in 2016. The company is under supervision as a non-bank consumer credit provider by Czech National Bank.

Creditstar Czech provides customers with short-term loans for a period of 5 days to 6 months. Repeat borrowers may apply for up to CZK 25,000.

CountrySweden
Buyback obligation Yes
Group guaranteeNo
Loans listed at Lendermarket*392,500 €
Skin in the game5%
Operating since2011
Average interest rate at Lendermarket14.6%

About company

Since 2011, Creditstar Sweden AB is authorised and regulated as a consumer credit company by the Swedish Financial Supervisory Authority – Finansinspektionen.

The dedicated team of Creditstar Sweden offers unsecured loans to qualified customers through a fast online process. The loan period can be from 6 to 24 months. A person can apply to borrow between SEK 5,000 and SEK 50,000.