Back

Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

See More

Kavan Prajapati IITB

B. Tech, IIT Bombayย โ€ขย 9m

For offering loans, you yourself should have a huge amount of money, which I believe you will borrow from let's say banks, and they will need intrest from you, so how will you repay those high intrests to your bank if you don't get interest bcoz of 0% policy?

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Medial User

Hey I am on Medialย โ€ขย 6d

Instead of earning small intrest through banks on FD OR RD diposit will you prefer gifts instead of money . Gifts will save your cost for buying anything

0 replies2 likes
Image Description
Image Description

Ninetyfive group

Looking to start a s...ย โ€ขย 1m

[This post has been deleted by the creator]

19 replies6 likes
1
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 7m

So Ashneer Grover has finally launched ZeroPe! It basically just provides pre-approved medical loans of up to Rs 5 lakh at their partner hospitals. Considering that many other banks and startups are also offering pre-approved loans, do you think it

See More
6 replies13 likes
Anonymous
Image Description
Image Description

Are you guys ready to to take loans for your startup idea with 2-3% intrest or you guy's are just want to burn invester money because you want to try entrepreneurship.

5 replies1 like
Image Description
Image Description

Mr Kumar

I will do something ...ย โ€ขย 2m

I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines. Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v

See More
5 replies12 likes
4

Pranjal Majumdar

Hey I am on Medialย โ€ขย 1m

"Big Changes in Credit Score Rules by RBI โ€“ Hereโ€™s How It Affects You!" Starting January 1, 2025, the RBI has introduced new rules that will make credit score updates faster and more accurate. Hereโ€™s what you need to know: โœ… Credit Score Updates Ev

See More
0 replies15 likes
Image Description
Image Description

Sahil

Hey I am on Medialย โ€ขย 6m

Business Overview: "I run a lending business where I provide small loans to individuals with easy, manageable repayment terms. The idea is simple: if you need a quick loan, you can borrow money from me and pay it back in weekly installments over a

See More
5 replies4 likes
1
Image Description
Image Description

Havish Gupta

Figuring Outย โ€ขย 28d

How Chime Became Americaโ€™s Biggest Neobank! So Back in 2012, Chris Britt and Ryan King realized that people were living paycheck to paycheck while banks were making billions from overdraft fees, monthly charges, and intrests. Thus, they decided to

See More
7 replies9 likes
1
Image Description
Image Description

Shivam Malhotra

Founder of stockkhat...ย โ€ขย 9m

Hey everyone! I'm developing a fintech app with a unique concept: offering 0% interest loans to users. While this sounds great for borrowers, I'm seeking your input on the biggest challenge - ensuring loan repayment. Here's the idea in a nutshell:

See More
17 replies10 likes
1
Image Description
Image Description

BigLoot IN

BigLoot.in - Where S...ย โ€ขย 4m

RBI has banned four NBFCs from issuing loans, including DMI Finance, Navi Finserv, Asirvad Finance, and Arohan Financial. The ban will take effect from October 21, 2024.

4 replies3 likes

Download the medial app to read full posts, comements and news.