Why does cashpresso lend only to Austrian and German citizens?
There are two reasons why cashpresso is only offered to German and Austrian citizens.
We would like to offer all our customers a simple registration process. The current, completely online process could not be accepted for citizens from other nations. Additional steps would be required, which would prolong the process. Due to the further steps, it would not be possible to assign the loans immediately. Another reason is the limited possibilities for late payment. The collection of outstanding amounts does not work across countries.
We work together with our partner bank on both topics and hope to soon offer cashpresso to citizens from other countries. Sign up for our newsletter. We keep you updated on our latest developments.