This alternative lending platform feels consumer lending is more than just a trend
Even though LoanTap has a slight exposure to SME finance, their core focus is on salaried customers. Explaining the company’s vision, Vikas Kumar, Co-founder & CTO, LoanTap, said, unlike a bank, which generally offers one vanilla product to salaried borrowers – term loan, LoanTap focuses on need and cash flow-based products.
The Tech in Fintech: Leading platforms that are online right now
The age-old traditional system was time taking for users with a lot of hassle and collateral involved. LoanTap is a fintech consumer lending platform delivering flexible EMI free loan products to salaried professionals.
The Tech in Fintech: Leading platforms that are online right now
LoanTap uses technology to deliver smart and innovative products for millennials. Borrowers can choose custom- made loan products from an array of offerings.
Be prudent in taking, managing your personal loan
Managing personal finance is not an easy task. Despite prudent saving approach, one does find himself/herself in an emergency that needs additional financial support and ends up taking a personal loan. Credit card payments and EMIs have become a way of life
LoanTap envisions penetrating deeper into the Salaried Segment
LoanTap gives you the best of the best. It uses technology to deliver smart and innovative products for millennials. We offer unique products like Personal Overdraft, EMI Free Loans, credit card takeovers, advance salary etc. The unique product portfolio and customized products like EMI free loans for consumers have gained a lot of praise.
Flexible Credit: Why Alternate Loans are Becoming More Popular than Credit Cards
On top of the customer benefits, rewards, and user privileges, they give professionals the financial freedom to perform an array of transactions without fretting too much about their bank balance. This is precisely how people find themselves within the firm grasp of the debt trap. The borrower ends up paying the minimum due payment, which essentially is the interest rate at an inequitable 40 percent per annum.
These Fintech platforms facilitate hassle-free borrowing
LoanTap is a fintech consumer lending platform delivering flexible Equated monthly installments (EMI) free loan products to salaried professionals. The platform uses technology to deliver smart and innovative products for millennials.
Fintech platforms to consider for hassle-free borrowing
Financial technology platforms these days are helping to fill the credit gap in the economy. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have gained great traction and faith from borrowers.
Fintech platforms to consider for hassle-free borrowing
From companies like LoanTap, borrowers can choose custom made loan products from an array of offerings like overdraft facility, credit card takeover loans, rental security deposit loans, advance salary loans and consumer durable loans. Different types of digital lending models are processing loan applications based on information such as psychometric analysis, social profiles, credit score, and have gained great traction and faith from borrowers.
