Banks turning your loan application down! Private financiers are charging incredibly high interest rates! It is time for you to switch to alternative modes of financing – i2ifunding.com, a peer to peer financing platform.
When it comes to borrowing online, there are many questions which come to people’s mind, is it safe to borrow online? Will they ask for many documents? What would be their charges? Will there be hidden charges? How long would it take to complete the process? On the contrary, at i2ifunding.com, all your fears are answered. They are fully transparent with their process and fee structure and give genuine advice to tackle your loan application. It gives you a platform to let real people invest in your loan project.
A bank may reject a loan application because of your poor credit rating, low income, no credit history or some other reason. Sadly, this is the case for many people looking for personal loan. Even if bank accepts your personal loan application, they charge high interest rates with heavy penalties for pre-payment. At i2ifunding, though it is true that good credit score with a sizeable income keeps you in good position to avail loan but definitely not a mandatory perquisite. They provide financial inclusion where banks may falter. They review your profile on various parameters and give a holistic credit score which is based on more than 30 parameters by definition, peer to peer lending means any individual borrowing money directly from another individual. Borrowers are given a platform where they can raise fund from retail investors directly. This allows investors to evaluate your application directly and simultaneously fund your projects. I2ifunding.com ensures fair and genuine borrowers are listed and funded. The legal documentation, physical verification and credit scoring is done by i2ifunding at a nominal fee. This fee mainly accounts for their operational and admin cost.
P2P is an easy and convenient source for getting unsecured loans wherein you do need a reasonable credit score in order to get funded but at i2ifunding, they evaluate you using their own proprietary credit scoring model which takes more than 30 parameters into consideration and assign you a risk category and interest rate which makes it more viable for borrowers with no credit history or low income.
How I2IFunding Works
At i2ifunding, borrowers are also educated on how to improve their credit score, basic net banking techniques and how to manage personal finances. Borrowers get scheduled reminders on when to make payment so that they do not default inadvertently. Dealing with online peer to peer lending platform may sound contemporary in nature but it’s the same traditional lending but online. Only difference is, empowering borrowers to make informed decisions. Giving borrowers adequate information so that fair interest rate is charged to them and loans are made available to them at a click of a mouse.
Borrow Easily, Invest Safely is the mantra i2ifunding believes in.
Twitter Handle – i2ifunding
asha chaudhry
hi neha,
some quick tweaks – pls link your website so we can chk it out. and add your twitter handle at the end. helps me mention it over social.
how different are you from LENDBOX (you’ve even used the same image!)
https://www.therodinhoods.com/forum/topics/peer-to-peer-lending-in-india-an-easy-and-reliable-alternative
Sridhar Rajendran
Hi Neha,
When a repayment is defaulted by a borrower, does i2i ‘guarantee’ the money will be returned to the investor?
The FAQ section seems to worded for an advocate not for a layman like me to understand.
Neha Aggarwal
Hi Asha,
Thanks for your question. As far as the image is concerned, this is our process in nutshell. You may visit our websitehttp://www.i2ifunding.com and experience the same. We are a peer to peer platform for unsecured loans that can be used for multiple purposes which include purchase of consumer durable, debt consolidation (i.e. repayment of credit card debt etc.), medical expenses, education expenses, cash cycle optimization etc. The entire credit process is transparent, quick and easy. Apart from providing end to end services, i2i diligently evaluates the credit risk of each of the loan projects post which it assigns risk category and recommends an interest rate for that project (a borrower can borrow at an interest rate which is higher than or equal to this rate). This helps the borrowers as well as the investors to have a benchmark while finalizing the interest rate. In the process, the investors get an opportunity to earn higher ‘risk adjusted returns’ while the borrowers get an opportunity to get funded at the lowest cost possible as per their risk profile and market based demand.
We are currently featured in Economic Times (https://epaperbeta.timesofindia.com/index.aspx?eid=31816&dt=20151115&Ar=1)
Neha Aggarwal