Krepl Expands Loan Comparison Channel to Include Naver Pay and KB Alda

The online finance platform Krepl has expanded its loan comparison services for personal credit refinancing products.

PFCT, the company operating Krepl, announced on July 6 that its personal credit refinancing product has been newly added to the loan comparison services of Naver Pay and KB Alda as of July 3. This means that users can now access comparison services through Naver Pay and KB Alda, in addition to Kakao Pay, which was previously available.

Krepl's personal credit refinancing product is designed to allow borrowers to switch from high-interest loans to lower-interest options while simultaneously applying for new loans based on their creditworthiness and limits. This service is made possible through the application of its proprietary AI credit risk management solution, AIRPACK.

Since its launch, Krepl has provided a total of 10.4 billion won in refinancing loans to 228 borrowers with mid-to-low credit scores over the past five months. The average credit score of these borrowers, based on NICE standards, was 749.6, with a weighted average interest rate of 10.21%. This has resulted in an average monthly interest burden reduction of approximately 234,000 won, or about 2.81 million won annually.

CEO Lee Soo-hwan stated, "In a high-interest environment, it is essential not only to offer competitive refinancing products but also to create an environment where financial consumers can easily and conveniently compare and choose their options. With this new addition, we will continue to enhance financial accessibility for more mid-to-low credit borrowers to utilize reasonable refinancing options."