LoanTube partners with Gain Credit to increase credit access for non-prime borrowers

Digital credit marketplace LoanTube has partnered with non-prime lending specialist Gain Credit to expand its offering for non-prime borrowers.

LoanTube customers will now get personalised offers from Drafty Loans and Lending Stream, two brands operated by Gain Credit, during their credit application process, allowing users to compare APRs, fees and terms all at once.

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LoanTube and Gain Credit are both authorised by the FCA and both serve non-prime borrowers.

GainCredit’s two brands, Drafty and Lending Stream, offer short term loans repayable within six months, while LoanTube’s marketplace connects non-prime borrowers with special lenders.

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“At LoanTube, our mission is to empower non-prime borrowers with increased access to credit,”said Aymeric Monod-Gayraud, co-founder of LoanTube. “Our partnership with Gain Credit expands the borrowing options available to this underserved demographic.”

“LoanTube is as an ideal partner due to their shared commitment to improving the financial well-being of the non-prime market,” added Andrew Wayland, VP customer & proposition at Gain Credit.

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