Understanding credit score One person has one identity. Therefore, your name in all legal records has to be the same, else, there would be complete chaos. This is why your Aadhaar number is unique and remains the same always. However, in the world of banking and finance, credit score is
RBI guidelines to act as a growth catalyst for P2P business This post was first published on Yourstory.com A rapid growth phase is in the offing for P2P lending platforms as the RBI gears up to issue guidelines to regulate various aspects of the P2P lending business. The law
Expand Your Business with a P2P Loan India’s economy is one of the fastest growing in the world. The Asian Development Bank projects 7.4% growth in fiscal year 2017, which follows up on 7.6% actual growth in fiscal year 2016. When economies grow this fast, people feel more comfortable about
Corruption Targeted with Currency Ban Today, the Modi Government announced a currency ban on India’s largest notes, the Rs 500 and the Rs 1000. Prime Minister Modi said this is in an attempt to fight corruption and that banks will be closed on Wednesday to prepare for this adjustment. A
How Much You Should Invest in Peer to Peer loans Now that p2p lending is emerging and growing in India, it makes sense to ask the question “How much I should invest in peer to peer loans?” New Asset Class P2P Lending is a new asset class in India. It’s
Attention Financial advisors: Here are 3 reasons why you should consider P2P Lending for your investors’ portfolio “Tell me the investment that offers the best returns.” As a financial advisor, you have heard the above statement umpteen times from prospective investors. What are the options you usually offer? Stocks? Mutual
Principal Protection – What an investor cannot do without? Dear Readers, Please note our Principal protection, Terms & condition have changed w.e.f 10th July 2017. You can find more details about revised program here. What’s the purpose of the seat belts or the air bags in a car? Why
How to double your money in just over 4 years? Let’s look at the obvious options. PPF? No. At the current 8.1% rate of interest, it would take 8 to 9 years. NSC? No, again. At the current 8.1% rate of interest, it would take 8 to 9 years. Bank
5 steps to get out of the credit card debt trap The story of a credit card user Credit cards – what a fabulous invention! I bought my favorite phone and I didn’t have to pay the entire amount upfront. My credit card had an offer, which allowed me to
The beginning In 2006, the world’s first peer-to-peer (p2p) lending platform, Zopa began operations in the UK. Since then peer to peer lending has spread rapidly across the globe. Soon after Zopa was launched in UK, LendingClub was started in US. Another company called Prosper followed it. The trend quickly