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Vansh Dahiya

"Beyond Credit Score... • 2m

Tired of CIBIL scores and high interest rates? We’re about to do something different! A platform where trust is the foundation, and everyone gets a fair shot. Instead of relying on your CIBIL score, we’re using alternative metrics that focus on YOU

Chamarti Sreekar

Passionate about Pos... • 2m

what those alternative metrics will be

1 replies

Replies (1)

Vansh Dahiya

"Beyond Credit Score... • 2m

it will implement alternative scoring methods, such as the TrustScore, which will be based on a borrower’s behavioral history and transaction performance. Users can see nearby lenders and borrowers based on their location. When a borrower needs a loan, they can submit a request, and nearby capable lenders will get notified. Lenders can set their interest rate and terms accordingly. Borrowers can provide guarantors, offering security to lenders. Each transaction will be secured with legal documentation and encryption to minimize fraud. Activity logs and e-stamping will ensure that every step is legally compliant and transparent.The primary goal of TrustyFunds is to democratize financial access, ensuring that everyone, regardless of their CIBIL score, has access to fair and affordable lending opportunities.

1 replies

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