In India, a P2P (peer-to-peer) loan with bad credit loan is by definition a loan offered by Indian investors through Indian P2P platforms to an Indian person whose credit score is bad and poor who is facing difficulties in having their credit demands approved by Indian conventional banks.
In India, a P2P loan with bad credit score is often the unique option that remains with Indian borrowers who have bad credit due to defaults on existing debts and for whom credit bureaus such as CIBIL (Credit Information Bureau (India) Ltd allocate a credit score in the range between 300 550 which is considered as bad to Indian financial institutions and Indian lenders.
In India, the peer-to-peer- loan with poor credit rating becomes for any Indian consumer an alternative to regular financing that is based on a good or acceptable credit rating determined by the level of debt, on-time debt repayment and bill payment habits.
In India, a P2P lending facility offers other advantages to an Indian borrower other than cash only because it gives access to a loan while traditional banks refuse it, it is approved like a simplified loan application with a minimum of documentation sometimes without document and finally it requires a flexible repayment plan.
PERSONAL LOAN DEBT CONSOLIDATION BUSINESS LOAN MORTGAGE LOAN STUDENT LOAN ISLAMIC CAR LOAN MEDICAL LOAN BAD DEBT LOAN LIST P2P SITES HALAL START-UP LOAN FOR WEDDING FOR FARMER FOR HOUSEWIFE FOR UNEMPLOYED FOR DISABLED FOR POOR PEOPLE FOR ELDERLY P2P CAR SHARING P2P INSURANCE ISLAMIC P2P P2P BITCOIN POWER TRADING P2P HOME SHARING P2P PAYMENT LOAN WITH BAD CIBIL SCORE P2P CLOTHING RENTAL P2P OFFICE RENTAL LIST OF P2P LENDERS LIST OF DIGITAL LENDERS LIST BANNED LOAN APPS P2P NAPPING P2P DONATION P2P CRYPTO LENDING