We practice responsible lending based on the principles outlined below. Our company targets only individuals whose future income is assessed as sufficient to repay the loan, with a margin remaining after covering living expenses and other fixed costs. We do not extend our services to clients with evident financial difficulties, such as ongoing debts with the Swedish Enforcement Authority.

For every application, a calculation of the “remaining disposable income” is carried out, and clients without sufficient margin for living expenses are declined. To combat over-indebtedness, clear regulations govern debt-to-income ratios, and Loankey Express uses transaction data from bank statements to identify excessive gambling or other high-risk behaviors. The company also conducts thorough fraud risk assessments to avoid costly disputes over contested loans and protect citizens from identity fraud.

Loankey Express also provides individuals with the option to self-exclude, preventing them from applying for credit with the company in the future. The company’s meticulous credit evaluations result in just over 80% of applications being approved over time, with higher approval rates for loyal customers and lower rates for first-time applicants.