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Peer to Peer(P2P) Lending at loanbaba.com

10-07-2016 03:26 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: loanbabab.com

Many of us experience a lengthy procedure of getting a loan from financial institution or bank, with filling forms, waiting for days, physical trips to the lender and more. However, with online agents and companies stepping as intermediaries, getting funds from lender has become a piece of cake, more so with P2P or peer to peer lending system at loanbaba.com, where borrowers and lenders can interact among themselves, negotiate and get the funding arranged.

P2P is known by other names as well such as social/marketplace/alternative/lending or crowd-funding. The idea of peer to peer lending is expanding rapidly, where verified individuals can lend and earn better, and verified borrowers can get personal loans to fulfil their requirements.

Pros of Peer to Peer Lending in India

The P2P lenders can be private finance providers or individuals who can register on a certified platform for the loaning procedure. Every loan is based on a pre-agreed interest rate between the lender and the borrower.

The loan procedure takes less time. The borrowers can borrow at attractive interest rates, sometimes with no repayment penalties.

The one who needs fund can get everything thing right at home, from submitting application online on peer to peer lending platform, understand different options to get the cash flow.

Once a deal is finalized the amount is disbursed in a short-time. Any person with valid credentials can certify as a loan taker or giver.
Online peer to peer lending is gaining momentum, and websites such as loanbaba.com etc. are coming ahead to spearhead P2P platforms in India.

loanbaba.com is India's leading Peer to Peer (p2p) online lending platform. Verified Borrowers & Lenders. Fast, Safe & Secure way to Lend or Borrow money online. Register Now.

Lakhani Centrium, 4th Floor, Plot #27, Sector – 15, CBD Belapur, Navi Mumbai - 400614.
https://p2p.loanbaba.com/

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