Tips and tricks

Is i2i funding safe?

Is i2i funding safe?

An ideal P2P Lending platform, therefore, is one that meets all these criteria, and more. i2iFunding offers all these important checks, and thus we ensure that your investments are safe and you earn higher returns with low risk.

How safe is lenden?

Investors are often apprehensive about lending money online. However, it is quite safe due to risk diversification, borrower profile verification, transparency and RBI regulation.

Are LiquiLoans good?

this is one of the fraudulent company. do not take any kind of loan from them. they will deduct lot of unnecessary charges from your account after some NACH registration.

Is Lendbox RBI certified?

We are excited to announce that Lendbox is now an RBI registered NBFC-P2P making us a fully authorized and regulated entity which can legally operate a P2P Lending Platform. Getting the Certificate of Registration (CoR) from RBI further reinforces the trust that brand Lendbox carries amongst its borrowers and lenders.

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Is lending money legal in India?

P2P lending is a completely legal process with various regulated by the RBI – ensuring protection of interests of both – borrowers and lenders. It is done via various online organizations. The key feature of this type of funding is that they don’t come with interest payments.

Is LenDenClub safe Quora?

Lenden Club’s borrowers are mostly in unidentified risk category (40\% – 50\% returns) and highly risky & unsafe. 25\% to 30\% of them will be defaulters and recovering the money is highly impossible. I suggest you not to invest & always go for LOW/VERY LOW/MODERATE & even the next category is fine.

Is LiquiLoans RBI registered?

Ltd (LiquiLoans) is an RBI registered NBFC – P2P. 12+ crores in LiquiLoans, given the Company’s defined focus on P2P Segment and its proven execution capabilities.

Is LiquiLoans a NBFC?

RBI REGULATION To operate a peer to peer platform its mandatory to avail a P2P NBFC license from the Reserve Bank of India. The LiquiLoans process is in complete compliance with all RBI regulations mandated for Peer-to-Peer Lending.

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Is it profitable and safe to invest via Lendbox?

Study global economics to navigate your business through uncertain times. If you ignore the risk due to unethical practice and misguiding approach of the platform, then it is profitable and safe to invest via lendbox. You should avoid lendbox altogether. I will share few of the experience:

How safe is peer to peer lending in India?

However, it is pretty safe due to risk diversification, borrower profile verification, transparency and RBI regulations. The peer to peer lending club in India is growing popular as an alternate credit investment.

What does Lendbox do?

What lendbox do: Lendbox connects lenders and borrowers online. That is the one and only thing it would do. Lendbox is strictly not responsible for any defaults made by borrowers. But if you remove the veil there is a business, Conflict of interest between a lender and a P2P company. I lent in both platforms. NEVER EVER lend in Lendbox.

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Is it safe to invest in P2P Lending Club?

Hence, the first-time P2P lending club investors often worry about the safety of their money while lending money online. You can start investing in P2P lending club with an amount as low as Rs.5,000. So, you are not putting a higher amount of money at risk in one go.