Aug 02, 2017 12:59 PM
11754 Views
(Updated Aug 02, 2017 12:59 PM)
I started lending on Lendbox just when it started and as of now, I have invested over 10 lakhs with an average return rate of 19%. It's important to diversify your investments in p2p lending in order to cover the risk of defaults.
Customer support from Lendbox is quite good and I get responses within hours of submission. Except for few delays in EMI's, I haven't faced any default yet as 12 of my borrowers has been successfully closed the loan.
I'd recommend Lendbox for new investors, seeking to learn more about peer to peer lending as it doesn't charge regsitration frees at the moment.