BORN FROM PERSONAL EXPERIENCE
The Founder, Richard van der Velde, has many years of experience working in the furniture & appliance rental industry. Over the years, he has watched unscrupulous companies take advantage of people, simply because those people did not fit into certain 'lending criteria'. This forced decent people to source funds from some very unsavoury people and/or companies.
Upon moving out of that area of work, he and his wife, Tonya, created PayMyParents,. This was for parents to lend money to their children under safe, nurturing conditions. When PayMyParents was in motion, they soon found that so many people needing money had little or no family support.
Thus, it was a logical step to provide a platform that allows legitimate Borrowers to find private people who are prepared to help them out with a loan.