9. How will my repayments affect my credit score and future loan applications?
Our lending robot makes use of your device and online data to calculate your initial credit score. You can also boost your credit score by connecting more online accounts to your TunaiKita user profile. Your initial credit score plays a significant role in the outcome of your first loan application with us.
Once your loan has been approved, our lending robot will start to take into account your repayment track record to adjust your credit score. Generally speaking, the more you repay on time and avoid late fees or delinquent repayments, the more your credit score will increase. Depending on the type of loan you apply for, generally speaking, a higher credit score will allow you to access larger credit limits and/or lower service fees.