Peer To Peer Lending Decoded!
You have received a salary bonus.
Voila! Now, you have some spare money in your hands. You don’t want
to lash it out on gadgets and parties. All gadgets do the same thing –
they eat your precious time! All parties give you the same thing – A
hangover next morning!
Let’s plan something wisely. What about
investing? The other day, your friend has talked big about mutual funds.
Good idea. But wait. “Net Asset Value (NAV) of the units of
the scheme will be computed by dividing the net assets of the Scheme”.
What on earth does it mean? Going through the jargons, either you fall
asleep or are frightened. You want to go with something simple and easy
to decipher. Also, that impatient enthusiastic person in you cannot wait
for months and years to reap benefits. You want to taste the fruits
fast. Now, with some money in your hands, how can you take an avatar of
investor and start earning good returns from the very beginning?
Not able to connect yourself with the paragraph
above? Is it not you?
Okay! You haven’t got the bonus. You don’t
have that spare money in your hands. In fact, you are going through
financial crises. You need some money urgently. Right this moment
you are worried about how to arrange that sum. So, you are on the other
side of the game.
For both of you – the one who got the bonus and the one who needs some money urgently, online lending platforms come as a handy option.
a) To invest your hardearned money on reliable
borrowers and start earning extra income from day one.
b) To borrow money and get cash loans instantly by
following simple procedures when compared to banks and other conventional
People and industry coined an apt name for it
– peer to peer lending.
Of course, spending a good amount of time with
Google on a daily basis, you know what it is, but there is nothing wrong in
starting from basics.
Now, what is it?
First of all, it’s simpler than you think!
It’s really simple, fast, convenient and reliable.
As you know, borrowing and lending are as ancient
as mankind. It’s just that with the latest technologies, the process has
been made hassle free and fast. People who need money and people who lend
money come under one roof, connect, lend, borrow and benefit from each
other. Online lending platforms provide lenders and
borrowers with a platform backed by the latest technology, bridge the gap and
connect people from both sides.
The entire process takes place through mobile apps
/ online platforms / websites and users get updates in real time. No need
for frequent visits, waiting for days, frequent phone calls to know the status
of loans and approvals.
For a busy and ambitious country like ours, peer to peer lending websites are a convenient option for borrowing and investing money at your convenient time and place without visiting banks and financial institutions frequently.
For that ambitious investor in you,
1. Peer to peer lending websites are
super convenient! No need to follow so many tiresome irritating
procedures. Manage all your investment related activities through mobile
app / lending platform. Apart from all other advantages, you
can save a great deal of time and effort.
2. Choose your borrower. LenDenClub, the
largest peer to peer lending platform, empowers you to analyze in detail the
profiles of borrowers and choose wisely.
3. Choose the figure! No fixed figures for
investment. From a range of flexible options, you can cherry-pick one
that suits you. At LenDenClub, the largest peer to peer investing
site in India, you can start from as low as Rs. 500!
4. Earn more! Get higher interest rates when
compared to traditional investment options.
5 Keep things under control! Keep track of
paybacks and due dates. To put it in one word, investment management at
For that borrower in you who needs money,
1. Peer to peer lending websites are
a convenient option when you need money instantly.
2. Swift approvals! You don’t have to go
through nail-biting moments wondering whether your loan will be approved or
not. Get instant updates, follow easy, hassle free process and get
3. Quick cash disbursements and convenient payback
options! For example, if you are using InstaMoney, LenDenClub’s money
lending app, you can get cash loans instantly and the loan amount will be
deposited in your bank account in just 2 hours!
4. Avail cash loans 24 x 7. Gone are the days
when people would form queues in front of counters at banks and discuss and
debate cricket, cinema and politics until their turn comes. Now,
through peer to peer lending sites, you can avail loans instantly
round the clock. No need for frequent visits and waiting for days and
5. Get cash loans at any time to fulfil any
purpose, and yes, you don’t get stuck. You don’t have to postpone
things. You don’t have to postpone life!