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Suggestions for best P2P lending apps (like 12% Club)
- Thread starter Batmanbaba
- Start date
lendbox. Others I am already invested so I am well aware of Xtra of mobiwik
No Cibil hit.
Their whole website seems to be indicative of scam. What is your experience now? Are you still using it?We can invest starting from 500 rupees and earn daily interest with 5-15%.
Don't invest in such sheme. I have heard lot of people's money are stuck in costa
Definitely will never do that, their whole website is half baked, calls 5-15% monthly return risk free, has fake reviews (one Mr. Manik Goyal looks positively African), text content is atrocious, 'operates in 134 countries'. Digging more on the company, it is registered as a FX company, so pretty sure illegally operating to club funds from different investors and trading in forex.
If anyone wishes to join Mobikwik Xtra-
Referral code: 6M3SYU
Referral code: 6M3SYU
I used your referral code to join today. Is there any benefit to either of us?
yes
i dont think reffered person gets any benefit
reffere gets a benefit of 250 plus 10% of the daily interest earned
the 250 is received if the person satys invested for an amount of 5k for more than some number of days
is there any p2p app left without any lock in period?
Shraaj
TF Premier
withdraw the p2p amount as soon as u can, i i have withdrawal myself in may -june i guess when they announced about some ratios. invest in better asset or mutual fund or any other option. just for sake of 2-4% u will loose out all the money,
Dude I am feeling like fuc**d
Mobikwik was allowing to withdraw money before but now they aren't before maturity date .
And also one investment matured yesterday still money didn't came
Before it was same day if withdraw before 2pm
Shraaj
TF Premier
I had also invested in Mobikwik Before but after the RBI RULES which definely going to impact the lenders like you. So do withdrawal the money asap
Piyush_Jaiswal
TF Ace
Now when everyone starts withdrawing fearing liquidity issue, it will cause a chain or say a domino effect and the liquidity will be some real issue then because loans have already been given and they can't ask the borrowers to pay at instant before their tenure.
People should not invest in P2P or markets if they don't have patience. It seems good when going smoothly, the instant some bad news comes, it worsens the situation by creating a domino effect. FD is a good option for them.
The issue of liquidity will be solved only when investors don't withdraw their money before tenure. You should fear only when the borrowers start defaulting. The only ratio you all should be worried of is their NPA. Liquidity is more dependent on investors, when you keep patience it will never be an issue.
PS: I haven't invested in P2P, withdrawn all amount in Jan Feb itself
People should not invest in P2P or markets if they don't have patience. It seems good when going smoothly, the instant some bad news comes, it worsens the situation by creating a domino effect. FD is a good option for them.
The issue of liquidity will be solved only when investors don't withdraw their money before tenure. You should fear only when the borrowers start defaulting. The only ratio you all should be worried of is their NPA. Liquidity is more dependent on investors, when you keep patience it will never be an issue.
PS: I haven't invested in P2P, withdrawn all amount in Jan Feb itself
