The Peer to Peer lending is a new kid in the fixed investment instrument’s block. If you haven’t checked out the website such as Faircent.com you may want to do so. Even if you an investor yet, you will find this cyber trip interesting and noteworthy.
What is Peer to Peer Lending? These sites work as financial matchmakers matching individuals who need to borrow with those with savings to invest in loan products. Borrowers get better loan terms and likewise, lenders can earn whopping high returns than what they can get from the traditional financing institutions. 1. P2P borrowing: The creditworthy borrowers get assigned a risk bucket. Generally, there are 6 risk buckets. Starting from Minimal risk to Very high risk. The interest rates are predetermined within a credit risk bucket. Borrowers with good credit history and financial background can easily secure a loan with interest rate as low as 12% p.a. The loan rates depend on your own creditworthiness and evaluated risk. You can Apply for Personal Loan for home appliances, home renovation, wedding and Loan for Business Without Security. 2. P2P Investing: Lenders, on the contrary, can spread their investment between all six risk buckets. It is called risk diversification. The returns within each risk bucket are different. The overall returns for the lender are cumulative from each risk bucket. It is generally in the middle of 12% to 36% p.a. Depending on how an investor allocates his or her assets. Apply Now!! What are you looking for? A personal loan or investment in P2P loans? All need to do is visit the website of credible, reliable and RBI registered P2P lending platform. It is fast, easy and so simple! What is Peer to Peer Lending Apply for Personal Loan Loan for Business Without Security
1 Comment
1/11/2023 09:54:16 pm
Thanks, I am really happy with these great tips! ANNA monitors what’s been paid into your account, and checks it against sent invoices. So everything’s clean, tidy and up to date for your accountant.
Reply
Leave a Reply. |
|