Should i invest in cred mint?
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If you want your 1lakh MIA go ahead
Avoid over diversification….
Again, Cred is not managing Money Lending. And borrowers are not directly taking money from Cred. They are tying up with a P2P lending company which will give to borrowers. Also, they have given you risks, and minimization of risk which directly means there is a risk of loosing some or all of your principal interest. Kindly check again how secure is your principal, and even interest then.
PS: This is my opinion, I won’t invest.
11 votes So far and all are saying No ,all are against Investing
Absolutely, everyone should make a decision for themselves.
9% se jyada Long term share market se uth jaega, y take risk
Hey guys my Cred Mint link is expired, i need invite to gain the accesss. Pls share with me, if possible.
DM in case you still need it
Risk in investment should always be propositionate to the returns one gets. What the point in taking so much risk for just for 9% returns while most mutual funds schemes will generate more returns than this with comparatively lower risks.
In Cred Mint?
Have around 1L to invest, what do you suggest?
@jimmy786
Yep, Cred.
For short term, i think cred would be best.
But for long term, you could go for Equity or Some Small Finance Bank FDs too. Now that the repo rate is way high, 9% is not much exciting anymore.
If you are open to taking risks, go for the 12% club by Bharatpe instead.
@kipte.khoka Take this 12% thing. Both are P2P lending and carries the same risk.
Yes. I am invested in 12% club from Last 2 years, So far no issues. DM me for a referral. However risk is involved in these P2P loans, be cautious before putting your hard earned money.
thnx for answer . you are right for debt mutual funds . but was thinking a chance considering kunal shah onboard since he can be trusted! i hope the redemption process is no problem ??
great
thnx for response
@suhagkmaru387
Cred mint needs min 1L to start investing. If this is just a start for you in P2P lending, will advise to take 12% or mobikwik xtra and put in just a little amount to get the feel.
Just my personal view though Cred gives 9% but feels more reliable with very less negative social media traction. Then comes 12% and last is mobikwik xtra.
Many i know have invested in mint and haven't heard any negative comments yet
Yes but I don't have a refferal link so if anyone have a Refferal link pls share with me ...
No, because there are better P2P options available.
Cred Mint is a P2P platform that offers an investor upto 9% ROI annually but on the other hand, P2P platforms like Mobikwik Xtra offers investors upto 12% annual interest.
On the other hand, Mobikwik Xtra is trusted by a community of more than 50,000 P2P investors.
Best is ashneer grover wala bharat pe . I am using from 3 years and getting 12 percent.
It's most secure because most borrowers are shopkeeper who use bharat pe and this app is deducting daily balanced from there settlement.
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