Find out if P2P lending is right for you. Learn everything you need to know about Cube's P2P lending partner, Faircent. Understand how you can start investing in P2P by Faircent using the Cube Wealth app.
April 26, 2021
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Investing in alternative assets is one of the most effective ways to create passive income with lucrative returns for the medium term. Peer to peer lending (P2P) by Faircent gives you access to exactly that.
This blog will help you understand whether P2P lending by Faircent can be suitable for you. We'll tell you all about the facts and figures of the investment option and how you can invest in P2P using Cube.
What Is P2P Lending?
In P2P lending, a lender loans money to one or more borrowers directly without a middleman (a bank). This allows lenders to gain a higher share of the profits while helping borrowers in need.
Cube's P2P partner Faircent is one of India's oldest RBI Certified P2P NBFC. It is a P2P lending marketplace that connects high-quality borrowers directly with lenders.
P2P lending by Faircent ensures that you lend money to thoroughly vetted borrowers who have an average CIBIL score of 768. Moreover, your P2P investment with Cube is split across borrowers to reduce risk.
Who Should Invest In P2P By Faircent?
P2P lending by Faircent is ideal for investors looking to earn a stable passive income over the medium term (1 to 3 years). Furthermore, the net returns are predictable and range from 11-12%.
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