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Comments 8
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Saurabh PunhaniI was going to "invest" gamble in this but after research looks like p2p lending is not for India and especially not to be trusted with these websites. Its very peculiar and doubtful that every 5 star review has similar tone and more so perfect english!! something I have never come across in online comments in India. Seems like they are paying their own low level employees to post reviews online. Stay Away.
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Abhiroop GhoshIt was a nice experience to talk with the representative. Faircent customer care really helped me to go the loan process very smooth.I am happy that i became one among the Faircent family.
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Mana MohantyNo one will put a big amount as lender Lets say you are putting 10k as a lender EARNING (at one of the highest rates of 33% which you are unlikely to get) Earning @33% for 10k for 1 year : 1100 EXPENSES Registration charge : 1000 Transaction fee : 100 Statement fee : 500 (Website is too confusing) Delinquency (say 5%) : 500 There is no way you will make a gain out of it even if you exclude the Registration charges. Incase Faicent survives as a company beyond a year and you are lucky to see your principal amount comes back, you may decide to put more money. But please have a look at your simple risk free FD interest vs this investment. Make a choice Note: I am a new Lender at Faircent and regret my decision
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Dhananjay Vatsfaircent is Excellent company to deal for loans. what is the process for investment?
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bakle p.m. Baklegr8 my loan was sanction in week. 2 installment already paid.
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Anvita AditiMy experience at Faircent is satisfactory. I really appreciate their norms and process. Their services are good and reliable. My personal loan request was processed within a day at very reasonable rate of interest as per my budget.
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Abhilasha ThakkarNice to have such services in India. My dream of europe trip came true by loan through this portal. thanks Faircent Team :) :)
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Suhani RoyMy overall experience of Faircent was good. The process is transparent and the customer support system is excellent. They guide you throughout the process and also take care of all the paperwork.
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