Faircent Personal Loan
All of us have faced sudden or urgent requirements for money which have come up at odd times and in order to satisfy these, we start looking for a quick personal loan. The requirement could be for a wedding expense, a medical emergency, renovation or refurbishment of your home or even to take a vacation. Even those struggling with debt on credit cards may wish to consolidate it under a single low cost personal loan.
At Faircent.com, we are committed to provide easy and fast access to online personal loans at the lowest interest rates. Faircent.com is India’s largest peer to peer (P2P) lending website where borrowers deal directly with registered lenders thereby removing intermediary costs and margins of banks and financial institutions.
At Faircent.com, the guiding philosophy is to make the borrowing process simple for anyone who needs a personal loan. Every borrower is identity-verified, credit-checked and risk-assessed on the basis of documents received from them. The automated underwriting engine determines the maximum loan amount, rate of interest and the loan tenure at which you can avail a personal loan. The recommended rate of interest ranges from 12% p.a. to 28% p.a. and the loan tenure ranges from 6 months to 36 months. An individual can take a loan from ₹ 30 thousand to ₹ 7.5 lacs and for business purpose up to ₹ 10 lacs. So, e.g. an individual borrowing ₹ 2 lacs for 24 months @18% p.a. will have an EMI of ₹ 9985/- per month.
In order to assess your profile, process and list your personal loan requirement Faircent charges a small fee of Rs. 500/-.
So, register today to list your personal loan requirement and avail the lowest interest rates.