The study took into account annual data of 4 lakh users to analyse key trends in the P2P lending industry
SaveIN, launched in April, allows users to lend and borrow money among their trusted circle of friends, family and acquaintances
Pranjal Kamra, CEO of Finology Ventures, lists nine tips for first-time investors looking to make a killing
Fintech companies, that hold a market share of 56% in the 'new to credit' segment, are using machine learning technology to assess repayment ability
While you will still be holding MF units in your folio and the new investment in the fund can continue, the ownership of the fund goes to the bank
Typically, do not use more than 30-40% of your credit limit at a time. Decide the number of cards you wish to hold basis these factors
The collection on securitised loans are set to see a recovery post the second wave once the restrictions are slowly lifted
While it’s true that deals offered by credit card companies may be unparalleled but beware if you’re a procrastinator when it comes to repayments
Never use emergency funds or sacrifice existing investments earmarked for crucial financial goals to prepay loans
Salary loans are typically personal loans only but the difference in our product is that it is a smaller loan for a smaller period of time