Show HN: Credy – Peer-to-Peer Lending Platform for India

Re:Show HN: Credy – Peer-to-Peer Lending Platform for India by pratishgandhi on Thursday February 23, 2017 @12:26PM (#13715715)

Thanks for the comment! Yes, we understand your risk appetite, and we expose borrowers whose risk profile matches yours. We can also filter or limit as per your preferred purpose.

[ Parent | on HN ]

Re:Show HN: Credy – Peer-to-Peer Lending Platform for India by baron19 on Thursday February 23, 2017 @12:45PM (#13715895)

That's nice, even better if you can give investors some guarantees on default risk.

Another question. I was looking at the investor dashboard and it shows a 'salary to EMI ratio', does that mean people who aren't employed with a regular salary are out? Like small business owners and such.

In my personal experience, I find that they are usually more interested in short-term borrowing since their cash inflows and outflows don't always balance, leading them to having to borrow quickly and for a short term.

[ Parent | on HN ]

Re:Show HN: Credy – Peer-to-Peer Lending Platform for India by pratishgandhi on Thursday February 23, 2017 @01:01PM (#13716065)

You're absolutely right about the businesses. We are not giving loans to them at the moment, however we plan to expand to that segment soon.

[ Parent | on HN ]