Online lending platforms gear up for festival loan rush with offers, discounts
Online lenders not only allow customers to borrow for short tenures, but also offer the choice of prepaying the loan without paying interest burden for the entire tenure.
i2iFunding plans to increase loans disbursal to Rs 200 cr over next two years
The platform acts as a marketplace for people looking to borrow...
'NBFC status to P2P puts compliance burden; lending to go up'
It is a new era crowd funded loan raising mechanism driven by technology that m...
P2P firm i2ifunding launches protection fund for retail investors
The loan processing fee charged to the borrowers ranges between 3% and nvestors are charged 1% as 8% and the investors are charged 1% as fund management and registration fee.
Faircent-Baxi: Auto loans lend a hand to P2P players for hassle-free lending
Other players also like LendenClub and i2iFunding aim to offer investment products like auto loans and invoice discounting options on their platform.
P2P Lenders have Insurance Covered
While some have already started offering insurance products, most of them are waiting for the RBI to issues guidelines.
NBFC-P2P Association appoints Faircent’s Rajat Gandhi as its new President
The regulatory authority has decided that in order to give the next push to the P2P lending platforms, the aggregate exposure of a lender to all borrowers at any point of time, across all P2P platforms, will be increased to a cap of Rs. 50 lakh.
Women from small towns queue up for P2P loans
"women borrowers make more timely repayments as compared to their male counterparts. "
5 questions you must ask before lending on a P2P platform
Here is a list of questions investors should ask the concerned company before getting themselves listed on a P2P platform.
5 ways to reduce risk in P2P lending
Lending money is a risky affair. However, there are ways to minimize the risk.
RBI may change Rs 10 lakh lending cap on P2P platforms, say P2P players
Peer to Peer or P2P players are hopeful that the comprehensive financial data sought by the RBI might help the regulator to take some major policy decisions
4 questions you should ask before borrowing from a P2P platform
Planning to register on a P2P platform to borrow money? There are a few things you should go through besides the FAQs.
Five things you should know before lending on P2P platform
Here’s a list of five things you should know before planning to lend on P2P.
P2P lenders give thumbs up to budget 2019
A slew of tax sops in budget 2019 would have a positive impact on the P2P industry, believe leaders of the emerging industry.
Pay for surgery via a cheaper P2P loan
Processing work on peer-to-peer platforms faster, top-ups usually easier than banks.
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