Just a correction, the deck that you have shared is of Liquiloans who have an in-house collection team. So they have setup something to answer the problem
So the credit risk is borne by the lender (the person planning to park the fund in BharatPe /Cred) & how does he make sure he doesn't lose the fund? Does CRED and BharatPe punish the defaulter in any way - Credit score impact ?
P2P Lending in India: A Broken Promise ?
Great post.
I haven't received the deck for Flexiloan , could you pls share it at rohit.shroff88@gmail.com.
Many thanks
Just a correction, the deck that you have shared is of Liquiloans who have an in-house collection team. So they have setup something to answer the problem
So the credit risk is borne by the lender (the person planning to park the fund in BharatPe /Cred) & how does he make sure he doesn't lose the fund? Does CRED and BharatPe punish the defaulter in any way - Credit score impact ?