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I currently invests in https://www.lendbox.in https://www.lendbox.in, even though lot of delays in repayment. No actual default has happened in my knowledge on
by Rajat_Dindoria 10y ago
I currently invests in https://www.lendbox.in https://www.lendbox.in, even though lot of delays in repayment. No actual default has happened in my knowledge on the platform. What is your tackling solution for delays and potential defaults
- pratishgandhi 10y agoHi Rajat, thanks for your comment! We are rolling out auto-debit feature to pull money from the borrower's bank account so that you don't have to track it. We also have processes to followup with borrowers automatically before due dates to remind him to pay the installment.