Taipei, Aug. 26 (CNA) StarLux Airlines, Taiwan's newest international carrier, has launched a plan to increase its paid-in capital by NT$3.3 billion (US$109 million) to strengthen its financial structure after suffering massive losses during the COVID-19 pandemic.
The Joint Credit Information Center (JCIC, 金融聯合徵信中心) plans to start in the second quarter to provide personal credit ratings to local peer-to-peer (P2P) lending companies with the consent of consumers, the agency said yesterday as the nation continues to boost inclusive finance.
P2P companies are not members of the JCIC and they do not have access to the agency’s database to check individual credit ratings. To provide loans, the companies have to ask borrowers to retrieve their ratings from the agency.
“The current practice has several disadvantages: First, consumers cannot retrieve and share their credit ratings via the Internet completely and it