Passive income is income that you generate, as they say, on the side. The effort on the recipient's part is minimal, and yet there’s a continuous flow of money. Broadly, there can be two kinds of passive income: • Income...
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RBI has released the regulatory framework for Peer to Peer lending in India - ushering them in as a new class of NBFCs. At Monexo, we welcome RBI’s decision to regulate Peer to Peer lending platforms as a new class of Non...
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Monexo makes borrowing simple and easy with its 100% online process. Know more in this video on personal loans from Monexo, a peer to peer lending marketplace
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Question: Are you a Millennial? Hint: You were born between 1982 and 2004. If you are, then this may be the most important decade of your life - the decisions that you take about your education, career and health will be...
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NACH Debit is a mechanism to facilitate auto debit of EMI from borrower’s bank account to Monexo administrative account. Watch this video to know how to fill and submit a NACH debit form.
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. These companies are known for their innovation, best practices, track record and customer accolades. Today's company...
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I got fired - key “financial check up” steps to do now! Recently, lots of news articles are talking about lay offs, down sizing and pink slips in the IT Industry. Lay offs, down sizing are now normal in business and it is...
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. These companies are known for their innovation, best practices, track record and customer accolades. Today's company...
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. These companies are known for their innovation, best practices, track record and customer accolades. Today's company...
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. Today's company profiled is ZOPA The first company to offer peer-to-peer loans in the world was Zopa. It is...
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In the practical Indian situation, not all the businessmen file their ITR and not all the employees get their salary slips, even though they make good money. On the other hand, every bank in India requires proper income proof and...
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As part of our P2P education series, we are regularly profiling P2P lending companies from around the globe. These companies are known for their innovation, best practices, track record and customer accolades. Today's company...
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Today, the peer to peer online lending has been put forth as an alternative opportunity for investment, mainly because of its greater yielding returns. Most p2p sites offer both secured and unsecured loans to the borrowers....
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Monexo is an online Peer to Peer Lending Platform launched in Oct 2016. We, at Monexo, are superbly excited to serve both the borrowers and lenders. Our borrowers are mainly from metro cities like Bangalore, Pune, Chennai, and...
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Although the banks have been the leaders in the Indian financial sector, the number of online P2P platform registrations is increasing at a prodigious rate. We Indians are the best at trailing the footsteps of our ancestors, even...
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Availing loans can be overwhelming, but intelligent borrowing with exact decisions on how much to borrow; checking the ability to repay, and creating rational repayment schedules for an educational loan is definitely an...
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The unorganized money lending sector today, even after the kind of banking penetration we have managed and even when a plethora of lending products are made available to pick from, still does a significant amount of business. It...
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P2P lending forms part of the emerging FinTech revolution enabled by a strong digital foundation leading to disruption of the traditional players like Banks. Globally, Peer-to-Peer lending or P2P lending is a decade old...
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Monexo encourages borrowers to pay their monthly installments on time which is due on 1st of the month. We proactively send them email reminders before the payment due date. However, if they are unable to make payment on the 1st...
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Whether it is a personal loan, credit card dues or any kind of debt, it is costing you money! And thinking about it keeps you up all night. Now is the right time to take action and steer clear of the debt trap. Tip...
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