Pinda Launches Superior Private Loan Comparison Service

## Finda Launches 'Excellent Lending Business Loan Comparison Brokerage Service,' a New Hope for the Financially Vulnerable Fintech leader Finda has officially launched an innovative service, the 'Excellent Lending Business Loan Comparison Brokerage Service,' which will open wide the door to institutional finance for the financially underserved. This is a meaningful step by Finda to provide legal and safe loan options to low-credit individuals who were frustrated by the high barriers of financial institutions, preventing them from being driven into the illegal private lending market. **What is an 'Excellent Lender'? A Special Financial Safety Net for the Financially Underserved** The 'Excellent Lender' system grants various incentives to exemplary lending businesses that meet the loan requirements for low-credit individuals. These businesses are given opportunities for bank borrowing and benefits such as entry into loan comparison platforms like Finda, which ultimately provides more options to the financially vulnerable, creating a virtuous cycle. As of the end of September this year, among 2,810 lending businesses nationwide, only 24 excellent lenders are officially registered with the Financial Supervisory Service, demonstrating that their selection criteria and significance are very strict and special. **Finda's Overwhelming Partnership Network: Wider, More Diverse Options** Finda quickly partnered with 14 of these excellent lending businesses, and its total number of partners has significantly expanded to 88, the most in the industry. A broad product lineup of 30 types, encompassing not only credit loans and secured loans but also individual rehabilitation loans, helps low-credit individuals find the financial solution best suited to their situation. Finda is not satisfied with this and plans to continuously increase partnerships with excellent lending businesses and various financial companies in the future, further expanding the scope of its services. This service is expected to serve as a true 'financial safety net' for low-credit individuals who could not obtain loan approval from traditional financial institutions. Finda only brokers products with a legal maximum interest rate of 20% or less, which allows those who were excluded from institutional finance to no longer fall into the temptation of high-interest illegal private lending, providing them with the opportunity to use legal and transparent loans. Lee Hye-min, co-CEO of Finda, emphasized, "The financially vulnerable, who face difficulties due to lower approval rates from financial institutions because of loan regulations, should never be driven into illegal private lending." She stated, "We launched this service to help people find legal and diverse loan options through Finda and resolve their concerns." Through this service, Finda aims to alleviate the difficulties of the financially underserved and enable them to lead healthy financial lives by acting as a strong assistant.