Mintos marketplace welcomes IuteCredit with loans issued in Albania



Consumer finance company IuteCredit has joined the Mintos marketplace and is placing personal loans issued in Albania on the marketplace. IuteCredit Group is an Estonia-based company that operates in Albania and Moldova. It aims to be the fastest and most comfortable credit provider in the region.

The average annual net return for IuteCredit loans offered to investors is expected to reach up to 14%. The average loan placed on the Mintos marketplace will be for EUR 500-700 with a maturity of 12-18 months. Loans delinquent for more than 60 days will be covered by a buyback guarantee. To…