Search results for interest rate cut request right
Finance
Banksalad launches interest-rate cut request service linked to credit score improvement
MyData company Banksalad said on Wednesday it will launch an AI-based interest-rate cut request service. If users agree in the app, AI requests a rate cut from a financial firm and notifies users of the result, with any approved lower rate applied immediately. It also analyzes loan data to detect when another cut may be possible and reapplies automatically. The company highlighted automatic use of a credit score improvement feature.
Finance
Toss says pre-registrations for automatic interest rate cut requests top 400,000
Viva Republica, operator of Toss, said on Feb. 26 it has formally opened a related service in line with the Financial Services Commission’s rollout of the MyData-based interest rate cut request program. Toss launched its “automatic interest rate cut request” service on Feb. 5 and began taking pre-registrations. The company said pre-registrations have surpassed 400,000. The service analyzes credit improvement signals and automatically requests rate cuts from financial firms.
Finance
Banksalad to start registration for interest rate cut request rights
Banksalad said on Feb. 2 it will begin registration from Feb. 4 for a service that automates requests for interest rate cuts. The right allows borrowers to ask lenders to lower rates when their credit improves, but users often had to apply separately to each financial firm. Banksalad said its app will let an agent request rate cuts and report results, while an AI agent continues to analyse loan data and apply at optimal times.