CRED MINT - New Peer to Peer Lending Platform

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Earlier i have invested in faircent and incurred heavy losses.
Beware of such things and don’t be too greedy.

This is a world where people default big institutions like bank. And here we talk about peer stranger lending.avoid

Better off moving that money in crypto or MFs

Who takes guarantee of your money ? Cred ?

MF, RD and FD are safest places for your hard earned money.

Useless. You will lose money. Run away very far.

Members can invest between ₹1,00,000 – ₹10,00,000, commission-free.

MF seems to be less risky than this! having said that no guarantee with FD also these days. some bank will default some day.

The money can’t be paid directly from one user to other. Some intermediary has to be there to manage all the transactions and administrative work. Liquiloans is going to do the same. Also this takes care of regulatory requirements as well

True and thats what is going to make a Cred different in the market.. we need to wait for more details to come

@umesh1404 as you already join in early access . can you see borrowers now and can see loan listing ??

Saw very bad reviews for such P2P platforms in a Twitter thread yesterday. For God sake, do not invest your money in such platforms. 5% interest returns in Nationalized banks is better than these Zero Capital Returns.

if anyone wants to invest, I have couple of invites.

Only serious people DM me

I have few invites available.. If anyone interested, let me know.. Ping me only if you want to use..

You can invest 1 lakh here if you have overflow or savings of 20 – 30 times of this amount. Don’t even consider if you are thinking to invest 1 lakh which is your max savings amount.