Loan program
Currently, the international digital depository «AitiMart» offers its clients a unified loan program. Its peculiarity lies in the fact that an individual loan can be obtained remotely - without the potential borrower visiting the depository office, without conducting an interview and without the potential borrower providing a wide range of documents that are required when applying for a loan from a regular bank.
At the same time, the circle of people who can apply to the international digital depository «AitiMart» for an individual loan is virtually unlimited because absolutely any individual can become a client of the depository with no restrictions on the principle of country of citizenship or country of residence, current location, profession and position, as well as income level.
The decision to provide an individual loan to a potential borrower in the international digital depository «AitiMart» is made on the basis of personal information provided by the client at the time of applying for a loan. At the same time, the total volume and nature of personal information, including the exact number of points in the borrower's personal questionnaire, are strictly defined and unchanged values for the entire circle of clients.
The decision to provide an individual loan to a potential borrower in the international digital depository «AitiMart» is made on the basis of unique calculation algorithms performed by a special program using artificial intelligence. This program is a proprietary development of AITI Tech Ltd and operates in a similar way to a scoring system, when upon personal data being entered, the system automatically awards the points for the answers. Based on the total sum of points, the expected reliability of the borrower is determined.
In addition, being a full participant in the global financial system, the international digital depository «AitiMart» also uses traditional banking algorithms for risk assessments.
How does the lending process work?
A potential borrower applies for an individual loan at «AitiMart» remotely.
To do this, a client needs to register on the website of the international digital depository «AitiMart», fill out a special application form for an individual loan, and then wait for the application to be reviewed and approved. The current average time for consideration of an application is 2-3 banking days, and in any case cannot exceed 7 banking days.
After consideration of the application and in case of a positive decision, the requested amount is credited to the client's account in the international digital depository «AitiMart» immediately and becomes available for withdrawal. The loan is provided in US dollars.
The rate on an individual loan at «AitiMart» is 1.75% for 1 full calendar day. The maximum term of an individual loan in the international digital depository «AitiMart» is 90 calendar days. The approved personal loan amount cannot exceed the equivalent of $3,500.
In case of a positive decision on issuing an individual loan, a single special insurance premium is withheld from the loan amount. Its size is 220 US dollars.
At the same time, the rate on individual loans, as well as the maximum term and maximum size of an individual loan in the international digital depository «AitiMart», are constant values.
In case of a positive decision to issue an individual loan to the client, such client enters into a loan agreement with AITI Tech Ltd. The text of this agreement becomes available to the client at the time he receives a decision on approval of his application for an individual loan. An additional option in the individual lending program at the international digital depository «AitiMart» is the issuance of credit cards to customers who are approved for an individual loan. The agreement and terms of service for «AitiMart» credit cards are provided to the client at the time of approval of his loan application.
More details on the specifics of the conditions and procedure for issuing an individual loan in the international digital depository «AitiMart» can be found in paragraph 4 of the Agreement «General Terms and Conditions Version 2023».