Faircent doing good in 420 (Fraud). First of all they will make you to do registration with 500 ₹ and prepare documentation. After that suddenly credit team will come up with credit history and whatever amount you will suppose to get, they will only provide 10-15% of that amount.This is well planned fraud. They are doing all this black business under the shadow of RBI(Reserve Bank of India).JAN HIT ME JAARI
If you are investor then forget yours money. even your invested money you will not get back. waste website
We have partnered with Faircent to provide our clients with the option of P2P.The tough times of COVID reduced the return to some extent but they were still well above the FD mark. What I appreciate is the transparency with which they have displayed their returns. Integrity is truly important in todays world.They have also routinely come up with new products to suit the market requirements which is appreciable.
If you are borrower then good website., but if you are investor then forget yours money. They will take care of recovery. just call to customer care and call again. So borrow money from this website and enjoy life
They r fraud people who is here to loot money from you in the name of registration. If your loan is rejected also they will say it will get approved and they will take the registration fees. as soon as i paid within 30 minutes the rejection mail will come with lots of blah blah reason which i only have shared with them.same way my many friends also faced the same, so please do not take their service and waste your money. I feel they can go n beg in the market better than cheating people like this.
#Faircent Totally fraud company dont borrow money from this firm they will abuse you if any emi bounce.
Fake company, they are just collect the 500rs you not get any loan here. Fraud people, beggars. They living on our money. And they told lies you are qualified for higher amount loan offer. Once money collected then said you are qualified for lesser amount. What is this non sense. Your company close ASAP.
Im a lender with Faircent since 2018 and the company has failed to recover the amount from the borrower from last 2 years.All they do is call the borrowers and ask for repayment call and the borrowers keep defaulting and and keep giving excuses and Faircent cant do anything.Its been 2 years and and they have not been able to recover the landed amount from the borrower.It may be good for people who just want to borrow money from lenders and want to run away with it.If you are planning to invest as an lender, stay far away from this company and this P2P concept.
I will update review after my application successfully completed and Approved
Invest at your own risk !
Pathetic experiencePathetic company with wotst ethics and no valuesNo support and most of money lended is in bad loand which r not recoverable.Dont ever invest through this appNobody picks the calls when U need support
Worst company They have appointed ladies to abuse the customers they wanted EMI on time during moritoriumAnd even after emis on time they use harsh language with Customers ,After paying full amount they will try to steal your money through the blank cheques you have provided to them.Please dont invest your money as a investor or take loan as a Borrower with this company,The worst And cheap company in Indian Market ,Which will be Bank Currupted due to their Idiot Employees.
It is very bad company, they taken 500/-for registration as non refundable from people and after that they deny to issue any loan. I request to all people please dont believe Faircent.
Be careful of them.... they are frauds.They charge you 9% processing fee. They claim interest rate lower than banks, but they charge twice as much of any banks...26%...Looks like their sole motive is to charge 500 registration charges...Please do not do any business with them.Scamsters
Actually they called me a lots of time for documents, after I forwarded they told me to pay the amount to get a loan but after that they just disappeared ..till not get any reply..dont give them any documents they make the people totally fool..its Chor company...
Their team call telling file review and credit check has been done, pay 500 for registration and then their team will call to proceed. Any sane company will deduct this 500 from processed loan, but these people ask for advance, clearly indicate they are fraud. U can check their website suggest they do 1000+ registration per week, u can calculate by mere registering they earn lacs of rupees per month. Go to some bank or genuine Fintech company, Faricent only waste time and also take away 500 rupees
The staff at Faircent. is also not the way to talk. How to do with customer? Lets talk with the customer in a very awful way. My suggestion do not approch this company for loan. My personal experience involved me applying a loan and they tell us your loan will be approved . After submitting documents theyll ask to pay a registration amount of 500 rs and next day ull get a call telling that we could approve to you only 50 k of loan .
Very good experience. You can easily take loans at reasonable rates.
Fake promise with no recovery. You can not even recover yours principle amount.
ILLITRATE STAFF, I DO HAVE CIBIL 850+ AND WITH LACS OF TRANSACTION IN ACCOUNT. AND OLD CUSTOMER OF FAIRCENT ,, I PAID OLD LOAN PROMPTLY STILL REJECTED
When I applied i got the call from faircent they said this verification call and file is strong please pay fee and credit team will call you within 48hours to inform you. Now its more than 2weeks i havent received any call from credit team nor from any executive of faircent.Intact i also mailed them but till now no response has been given to me.
Very nice app and staff is very gud
I Bhavesh S Barot Mumbai India, have invested in Faircent first no proper returns also account manager changes like no words for example to fit , also very good return is updates ... Your account manager will update and the updates will be updated accordingly from your account manager..... nothing about money .A very Bad Experience and will not recommend.
My suggestion do not approch this company for loan. My personal experience involved me applying a loan and they tell us your loan will be approved . After submitting documents theyll ask to pay a registration amount of 500 rs and next day ull get a call telling that we could approve to you only 25 k of loan .Message to the owner for the reply: Please train your executives to tell the customers to read the terms and conditions and mention that 500rs is non refundable before making the payment not the other way around.
Sound like fraud -- before pay 500 fee company employees told you your file is very strong --- as you pay 500 fee thay told you your CIBIL score is bed ---- I think its fake or un-professional according to me not apply loan from hare -- thay down your CIBIL as well --
Less processing fee and easy to use. Amazing experience with faircent company. Kudos to them.
Good company for loan needs would recommend them to everyone without any issues at allI am rating them 5 on 5 from my end
Its a fake company. They cheat the customer just for rs 500. I read the worst reviews before applying the loan process but thought of trying once. My credit report is good with score 749.they rejected the loan saying my credit report is bad and not eligible for faircent loan service . On the first day of application they told my credit report is good and they will move forward and after paying 500 they rejected the loan.Beware of this company. Truely u will end up with waste of time. I think they will steal all the customer information and sell them . U people will suffer no doubt.
Its a fraud company. There just want to collect Rs 500 from you. Even after thousand of formalties they dont get satisfied. Very high charges plus they collect 1500 more even after collecting RS 500. Very bad process . Totally 420 company. Dont get trapped in
Totally fraud company. They just want to collect Rs 500 from you. After all the required formalities they dont get satisfied.Totally 420 company. Please dont get trapped in. Also no need to give any single star
Worst this company is fraud they will take 500 and no response plz dont ever apply in this company not responding and there is no customer care no.They take 500 for this they will speak some what
Excellent experience of investing in Faircent. The lender registration process was smooth. I reviewed the loan listing live on my dashboard, screened through different risk buckets. Each month I get my invested amount back in the form of EMIs. I actively reinvest my returns to further enjoy compounding benefits. Overall, P2P lending is the good option if you are also working towards your retirement goals. I am happy with high returns I have received so far!
500 lene ke baad not even a single call to update status, just one mail that your application couldn’t be processed. FRAUDSTERS
Faircent is a trustworthy company to do business with. I would recommend them to anyone looking for investment in Peer to Peer lending. The entire registration process has been a breeze. In addition to the steady monthly cash flows that my portfolio provides, investors are also getting reinvestment option to earn even greater returns.
Its nothing but just a scam to collect 500 INR5% flat intrest per month.... they sanctioned loan 46000 and we pay 80000 in 12 months... worst.... dont play with peoples.. koi sach main problems main ho sakata hey bcoz of people like you they....
Have been investing for 5 months now. Did not find any thing wrong. India the Sahukars are operating as money lenders to micro businesses. Faircent operates in that area albeit with technology, RBI regulation and streamlined processes. As any investment, you need to understand how P2P works. Watch couple of videos at least on YouTube hosted by long term investors. You will be convinced why you need to have P2P as part of your portfolio for higher growth. I have been trading in equity and avid Mutual fund investor. I am finding my P2P investments are safer and regular returna than my equity and mutual fund investments. Do your own research before jumping in and start small, you will be enjoy the returns I bet .
Do not invest money here. the are collecting money and there is no recovery here. best way is the get loan as a borrwer and no need to pay.Recovery team will call you for 3 years and without any tension you will get lacs rupee from borrowers because investors are *****. check the status of recovery.
Very worest all documents provided all queries clear why rejected my loan I dont understand one week processing status shown I am Much hope but rejected this is not correct
Good place for taking loan easily with less interest rates
Never ever take call from faircent. I have worst experience. Dont even think about it. They will ask registration fee so be careful it is non refundable. Fake company
One of the best companies for personal loan needs would like to recommend them to everyone
I wanted to buy a car. With no credit limits on my cards and a low CIBIL score; I was looking for alternative options for loans, other than banks and financial companies. I saw an ad of Faircent offering personal loans by means of p2p lending. So, I thought to apply and try. I was a little hesitant in the beginning, but, the customer support team guided me through the complete documentation process on call. The interest rates and monthly payments are reasonable too. Sitting at home I applied for a Personal loan from my mobile and within a few days, money was deposited in my account.Thanks, Faircent! .
I have taken the personal loan for home renovation from Faircent, the process was smooth and fast. At the time of getting a loan, I didn’t expect within a week I will receive the amount in my bank account.
If you are taking 500 bucks then its your duty to inform your customers with proper reason of loan rejection, My transaction per month is more than 1 lakhs and CIBIL around 800, if i cant get then what the hell is your criteria. Bajaj immediately approved my loan and you people are making fool of everyone. Nice begging , keep it up.
Their operation method is pretty simple. They will collect Rs 500 in the beginning for backend processing. Then 2 or 3 people will call you stage wise telling you that your loan is in process and they are passing it further. Then the last person will try to find faults in your case and will assure you that he will check with his senior and come back. Within 2 minutes you will get an email that your loan cannot be processed. Loss of Rs 500. Imagine even if they get 10 such applications in a day, they earn Rs 5000 per day, Rs 1.5 lacs per month and Rs 18 lacs in a year just by duping people.Most fraudulent company of all times. Of course run by worlds smartest goons, the Delhiites.
Its a fraud company : they have no answer on client quires and they will change rule anytime : beware and dont not invest via them
I would like to recommend faircent to all. There services is very impressive and overall loan processing was really quick. Even the costumer care was very helpful and friendly. I applied for business loan and got it from faircent. It is the best peer to peer lending platform.
My experience at Faircent is satisfactory. I really appreciate their norms and process. Their services are good and reliable. My personal loan request was processed within a day at very reasonable rate of interest as per my budget.
Faircent is a very good and helpful financial institution for loans and credit needs.
They charge 500 for registration and immediately after paying they say you are not eligible for the loan. Actually theyve opened the company only for loot.
I want your cantact Number because I sent 500 rupees but no response I want to talk please give number
God financial services but its interest rate is so high.
Its was bad experience with this. They are just taking 500 for everyone if looking for personal loan dont apply on this aap. Really this is a feck aap.
Its nothing but just a scam to collect 500 INR per person. Better go with other alternatives.
Good try faircent, checked most of your reviewers and their review (total review) who have marked you positive, have reviewed same companies. only real reviews are the negative ones. thank god I checked it properly before investing and got saved.stop conning people.
Good personal loan needs for everyone using their services
One of the best financial institutions for loan needs in india
Guys dont pay Any money to this people while taking loans and anything because they will take 500 rupees from you and will return back you fu cking pdf files, if you see positive reviews please click on that review all that reviews are from their own employees please dont get cheated like me
FRAUD COMPANY. STAY AWAY. The promoters are only rating on the portal for themselves which shows how big a cheat they are. The founders & employees are only focused towards getting funding for a big bubble that they have created rather than towards customer services & fixing their gaps which would burst any moment & they would be gone. All promises from many months to resolve but no resolution even after highlighting the matter to founders. BEWARE & read the fine prints before investing. The agreement you sign is a 4 pager non-sense & all clauses are changed to the benefit of the company without any intimation or agreement. Its a complete SHAME.
Easy to apply and easy to get funds thanks a lot fair cent
Cheat company never pay fess its a fraud company. Just using website for fees collection. They are fraud.
Total fraudulent company.. Stay away..
Really superb experience with Faircent. Services were fast and the people who called me really are helpful in giving the required information. I feel very comfortable using the website and the follow up was perfect.
Faircent loan process is amazing. I receive loan with in a week. Thanks faircent
I am paid the registration charges but still there is no update from Faircent side on my application.
Great customer service and i got my loan easily
The details related to each and every loan in the website was so beautiful and one can easily go and navigate throughout and get the information. I am overall happy with the services of Faircent and the website is quite user friendly.
Irresponsive support team !!!!Being an investor, when you need reply from the support team, they are never available. Irresponsive support teamPlus the default rate of borrowers is also high. In my case almost 30% have been defaulting regularly and the collection team does nothing to recover the same.
Pathetic service, they charge you Registration fee before providing any help and later they will say they are sorry to make you disappointed, don’t waste your hard earned money on non refundable registration fee and get disappointed
Worst customer service, not responding on time , very slow service , they take all your documents and not giving any loan , i found very poor service
My overall experience of Faircent was good. The process is transparent and the customer support system is excellent. They guide you throughout the process and also take care of all the paperwork.
It was a lovely experience with Faircent for the personal loan. They were good in completing my process on time. The services are good.
P2P lending is not new for me. I invested around 5 lakhs this year in different borrower loans. Quite satisfied the way my portfolio is performing. Overall, I’m getting good monthly returns in the form EMIs. I would recommend Faircent P2P lending platform for all those investors who are looking to generate a passive source of income. Thanx Faircent :) :)
They asked me to pay 500 but when I asked them 500 for what, there is no reply, their phone numbers are now switched off, although I have submitted all the documents, still there is no reply.Thank God I havent paid them anything.
The worst app and people, dont get fooled, they are begers to beg 500 Rs form every customer, and finally nothing will happen, guys never trust this guys in emergency there are many other services who can provide loans but this guys are just to kill it time and money..
Worst financial institute. It takes registration fees but dose not give loan... everything is fraud
I think Vijay Malaya, Nirav Modi & Mehul Choksy should give a try to this website. They are the best borrowers any lender can dream of to get 33% interest. Best of luck to investors.
Very Bad Experience. Pathetic In actual. These people think they are GODs, Yet charging Fees taking all confidential documents beforehand itself. This would surely be misused as Multiple calls/Messages for various things have started coming to me post my application was placed here! And the site says that they are reviewing my Doc!....My Recommendation.....AVOID Or Leave Them..They would eat up your Privacy..without giving anything....And for the Lenders...IT Scrutiny Is Up for all people due to Breach in Income Tax Payments!
Faircent concept is simply awesome! It was not a big deal to take a personal loan with Faircent. There were no rejections and communication gaps between the lenders and a borrower. I was happy while my loan application was being processed. Everything was transparent. There were no hidden charges, no processing charges for fast transfer of money. Everything they did according to their rules. All the facilities are excellent. In the end, I am happy with my EMIs.
Poor WEBSITE, I have lost more than 50000 Rs in this website. if some borrower fails to refund loan they we will not provide any aadhar, pan , address copy, not even cheque copy. In that Case You can not recover yours money.Do Not invest in this website.Pramod
Very poor process. I chose all persons on medium and low risk profiles as per them and over half of them stopped paying EMI within 2-4 months. I dont see any efforts to collect EMI apart from calling people everyday which according to their dashboard, people dont even receive their calls!! How would money come back if the person is not even contacted!! I have not even seen a cheque bounced message on their dashboard which as per their website they collect. So no legal route can be taken either. Lenders, please expect a default rate of atleast 30-40% here and no amount of high returns can bring your capital back.
No 1 cheater company.....100% fraud company....never trust these guys and dont ever pay their registration fee of rs 500 to these fraudsters
Very bad experience collected rs500 in the name of registration after that no one responded.
Very worst finance company
I registered myself for the loan and got approval in 4 and 5 days only.
Nice to have such services in India. My dream of europe trip came true by loan through this portal. thanks Faircent Team :) :)
Faircent works well. At first, I was in doubt about the working of Faircent, but now I am a happy borrower because Faircent gave me powers as they empowered the role of lenders. My personal loan application was processed within two days. My documents were ready as I was looking for a personal loan and Faircent helped me a lot. The online marketplace to lend P2P loan is fabulous. All in all, it is a friendly site with lots of good content.
Email address please send me.
Very Bad Experience, they have collected 5 nos of cheque from me for disbursement of loan, but after that they refused to give the loan. May be 420. dont giving any star...sorry.
Gr8 my loan was sanction in week. 2 installment already paid.
Very Fake Company................Please Any Transaction Carefully....You Are Own Responsible...
Very bad experience disgusting company
Very bad experience with faircent.. Without any confirmation of Loan, they charge the registration fees from us.When we ask anything, they dont answer properly so I dont think that we should go for loan through this company....
It is not correct to collect registration fee later they will tell rejected
Awesome Experience for Loan. i got loan within a week.
They come up with new products on a regular basis.
Borrower privacy is taken care of also got loan in no time
Nice company for loan needs
Verry bad experience please dont download this app
I am very much satisfied with faircent