A+ rating: NEO Finance introduces credit rating for most reliable borrowers

2020-04-09

NEO Finance

To single out the lowest risk investments, NEO Finance presented the A+ rating. These are the most reliable customers who used to be assigned A rating and will have a separate A+ rating. Currently there are 4 ratings that can take loans using NEO Finance platform – A+, A, B and C.

The A+ rating is extremely reliable, so the risk of investing in this rating is extremely low, while the return on interest remains solid. Interest rates for this rating start at 6% for minimum amounts and from 11% for maximum amounts.

A+ rating will also save funds for the most reliable borrowers, for whom we will provide services with a lower Brokerage Fee than for other ratings.

NEO Finance have been using Artificial intelligence (AI) to calculate borrowers’ creditworthiness rating since October 2019.