Invested 1L and then withdrew 90K. 
  
 Their minimum investment size can be gamed.

Investment Manager

Have  invested close to 1L. It is money you need to be okay losing because default risk is higher.

Product Manager

I was PM for the most famous p2p app in the country, cred mint is safe for now but will turn problematic in a couple years of time once NPAs will pile up and NPAs will pile up. P2p is a high risk product, if you really have disposable income you can put it their else put it in an index fund and you’ll make 9% post taxes with limited downside.

Senior Product Manager

If you have more than 50L saved up you can choose to go to these random platforms. Till 50L follow a disciplined approach such as index investing + FDs.

Product Owner

Shall I invest in Cred mint?. Please let me know if anyone has invested or any other views over the same

Welcome to Personal Finance's Private Community

Views on Cred Mint

Application Analyst

Views on Cred Mint- Grapevine

How safe is credMint ? I am planning to move some of my funds due to ~9% return.

CredMint Opinion

Software Engineer

Hey guys if you are using Cred Mint for lending, please help. I wanted to know if you guys get the 9% return per annum as promised and what are the downside of this investment, if any. 

Also, is there any better alternative to Mint?

Cred Mint 9%

Welcome to Indian Startups's Private Community

How much safe is it to put say 5L+ in Cred mint

Opinion of Cred Mint

Business Development Manager

I’m thinking of investing 100000 per month as I need good returns with some liquidity. That’s 40% of my salary. Is it good?

Is Cred Mint Good for Investment with Liquidity?

Growth Manager

I am thinking to invest around 1lakh on a p2p lending platform with secure interest rate thoughts about 12% club

Thoughts on 12% club

Every month my salary gets credited I barely spend 20% of it the rest of it is just sitting around in my bank account it's already above 5L. I keep thinking of investing it in stocks/mf but it's a lot of work 😔 

What do you guys do with your salary, it would be great if you can share your investment strategy and how do you keep yourself motivated to stick to it

What should I do with my money

All the cool marketing and UI/UX aside I find myself wondering what's up with Cred? Here are my questions, knowledgeable product folk or better yet people from Cred or who worked at Cred can you please help with the following questions (and associated complaints)

1) What's the point of the store anymore? The brands are actually far less premium than they're made out to be. Plus you don't get access to exclusive products. 
2) The reward system is just sad now, why have they changed the logic and reduced the monetary rewards so much? What were just PLG features like earning cashback for referrals is a voucher now plus the Rs. 1 cashback is just insulting at this point. 
3) I used cred cash once and I'm not going to need much more. But I'm wondering if you're catering to the top 1%, do they really need liquidity at 9% interest? 
4) Cred Mint seems like a worthwhile proposition, however the returns are only marginally better than the best FDs out there. Also if they're partnering with Liquiloans, which primarily lends to other startups, isn't that risky? How will they guarantee returns if someday Liquiloans goes under?

What's the deal with Cred

Product Marketing Manager

What's the current value of those with Face value 10, How many do you own what's the Grey market Price ?

Does anyone own Cred Shares 🤑 💰

Welcome to News Discussion's Private Community

Has anyone used these P2P lending platforms, how has been their withdrawal process and overall credibility

Any reviews for CRED mint or mobikwik Xtra?

Associate Product Manager

imagine if cred allows you to get starbucks with credcoins

Business Analyst

Cred is truly a topic of surprise for me. Yes, I understand it has created a community of top spenders/credit worthy people in India. I also understand that they can use the information on such people for creating value for themselves.

Being a cred user, I only use it to pay the bills. I really wonder if they have built any b2b business or alternative source of income beyond what's seen to the end user. What's the game plan for the cred? 

I also applaud the fact that cred hasn't laid off people having paid them better than most companies. I really wonder if the business is really that strong or the conviction is. Would you join cred if given a chance to work there?

Cred

I feel cred is doomed and just trying to increase its value. 
 And the end goal is to sell the cred to someone with higher value and make money.

Views on Cred Mint

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