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Now, startups allow you to borrow without going to a moneylender – or even a bank

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These startups essentially help people crowd-fund money through their platforms, using the reach of social media and internet. The differentiating factor, however, is that these are not donations made by individuals but loans extended at a fixed rate of interest and strict repayment terms.

For more on this story visit the following link: Now, startups allow you to borrow without going to a moneylender – or even a bank

Source: Scroll.in

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