1. Why does TunaiKita require access to my smartphone?
Over the past few years, the smartphone has become central to our daily lives as we carry it wherever we go. You communicate and make purchases for goods and services while creating and consuming digital content through it. Some of us can do without our wallets but feel uneasy without our smartphones.
Here at TunaiKita, we are committed to fast and flexible loans for you. To achieve that, our “lending robot” makes use of the data generated by your smartphone and your online accounts to rapidly determine your credit score and process your loan application. The outcome of your account registration and one-time user profile process is your personalised credit score. This credit score affects how much you can apply to borrow from us and is used by our “lending robot” to evaluate your credit worthiness and forms part of its underwriting process in determining the outcome of your loan applications.