No. We examine every loan application thoroughly to protect loaners and loanees to prevent excessive indebtedness. Minors, people with personal bankruptcy, a legal guardian, ongoing debt collection processes, certificates of loss as well as people from abroad with expiring residence permits etc. are all not eligible to get a loan over the Cashare platform. Loan applications with a loan amount higher than the borrowing power of the applicant aren't published either. As with private individuals, the credit worthiness and borrowing power of companies is carefully assessed before their loan project is published on our platform.
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