The Fintech room has seen significant growth in peer-to-peer lending. Online loans and loan doors eliminate intermediaries and let you borrow money directly from investors at a lower level. You can also look at this website for more information about p2p loans.
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1. Grow exponentially
According to market experts, the Indian P2P lending industry will reach $ 5 billion by 2020. This is quite surprising. It is not an exaggerated estimate, but it is not impossible to predict.
2. Cheaper default
In recent years, corporate loan defaults have risen with prominent entrepreneurs leading the list. Market loans, on the other side, have default levels in the range between 3-5% and are as cheap as any other loan. They can also be ignored.
3. Invest in a regulatory environment
This was the impact of India's P2P loan platform. It was only natural that the country's highest financial regulator would step in. The P2P sector is recognized by the RBI as a part of the broader NBFC category (nonbanking, non-banking). This sector can add value.
4. Easy and profitable
Contrary to popular belief there are investments assets that outperform equity and have fair margins. Investors can easily achieve a range of 25-35% through P2P loans with zero volatility.
5. Feel-good factors
The P2P loan platform is a great way to digitalize. Peer-to-peer lending could be the future in finance in this country, with so many positives!