An unsecured loan is a loan that is not protected or secured by any asset. In this case the lender is taking a lot more risk and would likely charge a higher interest rate. The riskier the loan, the more expensive it will be. We make borrowing and lending a no-brainer for both borrowers and investors.
FintruX Network is one of the world’s first blockchain based online marketplace and automated administration platform connecting borrowers, lenders, and specialized servicing agents, enabling them to configure and construct each borrower contract real-time.
Our technology supports this innovative marketplace and administration model to efficiently connect and process the global supply and demand of capital.
Our platform also removes the need for physical infrastructure and brings out convenience and total automation, increasing efficiency, reducing manual processes and improving the overall borrowing and lending experience.
The lender will deposit funds and choose a credit decision package provided by one of the rated agencies; which include recommended fraud, identoty and credit scoring agencies. Borrowers filter criteria based on available funding parameters and are instantly matched to appropriate lenders. Borrowers can be represented affiliate marketing agency partner. After due diligence, funding is provided and subsequently lenders receive the invested principal and interest upon payments made by the borrowers. Participants will contribute to our platform and for each action as it is being performed on the network.
Attention. There is a risk that unverified members are not actually members of the team
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