What does a person do when they seek credit urgently? Usually, they rush to a bank and apply for a loan. And thus begins the horde of processes and investment of time. After all, no-one can understand the misery of signatures and paperwork better than the borrower himself. Moreover, in
P2P Lending Platforms To Gain More Credibility In Coming Years In this competitive world, efficiency matters a lot and P2P Lending Platforms are giving tough competition to traditional banking systems. If your performance goes down often and you miss your deadlines frequently, your employer may give you the sack. If
Blockchain Technology for P2P Lending Blockchain Technology – How it can help in revolutionize P2P Lending Industry? Can you trust everything on its face value? Suppose you are buying a “Made in France Perfume”, how can you be sure about its originality? Well, the seller may add a tag of
Budget 2017-18 And Its Impact On P2P Lending Industry The Union Budget 2017-18, presented by Finance Minister Arun Jaitley on February 01, 2017 is yet another prudent budget. At a time when India has been struggling to accelerate the economic growth, many were expecting the Government to divert slightly from
P2P Lending- Option during falling interest rate scenario Heard of P2P Lending, a digital marketplace for investors and borrowers, since investors are having a tough time these days. Pensioners and those who are looking for regular income have been sailing in the same boat. Demonetization has finally started showing its
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
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
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
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
Why you should invest in Peer to Peer lending? Peer-to-Peer Lending or P2P is emerging as an alternative and a sought after investment avenue. This is not without reasons. The benefits offered by p2p lending make it a relatively superior investment option compared not just to its fixed income counterparts