LenDenClub is an exclusive P2P (Peer To Peer) platform offering quicker, faster, safer and more advantageous lending/borrowing facility than any other financial institution in India. The company has already 2611 registered borrowers and 1460 registered lenders. LenDenClub enjoys an incredible record of 100% loan funding ratio.
How safe is LenDenClub:
1. LenDenClub is absolutely trustworthy as it lists only the verified profiles for borrowers and lenders.
2. The profiles are shortlisted only after extensive verification, both digitally and personally.
3. Though there is no chance of any inconvenience, there remains the LPF (Lender Protection Fund) for the greater assurance of the Lender’s money.
4. It’s an absolutely authorized process as P2P is the latest domain of investment acknowledged by RBI.
Quickest and the most beneficial:
It takes only 18 hours, or lesser for your loan request to be verified. LenDenClub is more beneficial than the banks as unlike the banks; here you don’t have to get satisfied with the interest rate that it (bank offers). Rather, through LenDenClub, you can go through the borrower profile and decide on the interest rate. Borrowers can have a greater option as they have an extensive list of options for the lenders. At 12.5% - 30%, LenDenClub offers the most competitive rate.
Decide the worth of your money, and grow quick:
No one interferes in terms of assigning an interest rate to you being a lender. Similarly, the borrowers are approved for a loan within 18 hours.