For the inherent dangers entailed in P2P lending, the return rates appears small
CRED, a fintech company, have launched CRED Mint, a peer-to-peer (P2P) financing platform. It allows eligible CRED users to lend funds and earn rates as high as 9 percentage annually. Though maybe not comparable, this will be greater compared to interest levels offered by financial set deposits (FDs). In case you spend or lend via this system?
CRED perfect is rolled out in cooperation with Liquiloans, a RBI-registered P2P non-banking money providers. Its a community-driven product that enables CRED members to earn as much as 9 percent interest per annum on idle cash by financing to other CRED people with a credit get above 730. Continue reading