HomeBlogKnowledge CenterWhat to Do When Your Credit Card Due Gives You A Stress

What to Do When Your Credit Card Due Gives You A Stress

Credit cards save you both time and efforts, when you use them for shopping, and other purposes. You can use the cards to buy both – goods and services, online and offline. The cards also offer you the credit facility, so that you can buy a necessity now, and pay for it later.

Credit Card Loans

Your financial position may go wayward anytime in life, and you may find yourself overburdened financially, because of the credit card payments and loans. Unknown circumstances are many-a-times behind these financial irregularities that many of us undergo in life.

Peer to Peer Lending

On the positive side, not everything is bad when you are engulfed by a heavy credit card payment. There are the reputed peer to peer lending websites in India (including LenDenClub), which offer you any amount of loan that you can use to repay your credit card dues. The loans are the ideal financial packages that help you resolve your stress, and have peace of mind once again.

How P2P Lending Solves Your Financial Stress

P2P lending offers you loans on the basis of fixed interest rates so that you can use them for clearing any of impending dues, including the most threatening ones. A number of investors add the consumer debt to their financial portfolios, in order to have a more decent and better profile. As the competition is high amongst the competitors, borrowers can easily choose from amongst them, and get a loan at lower costs.

P2P loans are a lot cheaper in comparison to the credit card loans. While you need to have a reliable financial profile to get a P2P loan at lowest interest rates, it is granted to you even if you have a low Cibil score. You can also get the benefit of long term loan repayment. This means that you can repay your loan in 2, 3, or even more years, depending on the conditions set by your loan lender and the negotiations. You can repay the loan in a single installment, or in smaller amounts, monthly, quarterly, or yearly. The flexibility of repayments makes the P2P loans even more “borrower” friendly. Your interest rates remain fixed throughout the repayment duration. Hence, you can easily enjoy the financial benefits of repaying your loan on the interest rates you desire, over a long period of time. No other financial scheme can offer you these many benefits.

Do your research

Online lending is cross-checked, and the borrowers have to undergo credit checks in order to get the money. In LenDenClub Borrowers are a checked on their personal, professional, personal, credit history and social backgrounds as well, and are rated according to their risk profiles. You should analyze the different borrower profiles fully, before lending the money. Repayments are easy and convenient when you lend your money to the more secure profiles.

While the P2P loans cannot solve the underlying financial defects that have landed you in the anxious situation, they do solve your financial problems, at the best terms. LenDenClub enjoys wide popularity across India and has emerged as a leader in the P2P lending segment, connecting thousands of lenders and borrowers. The deals are lucrative for both the parties, and the fee involved is so minuscule that you would not even need to bother about it.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.



The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.

LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app.

The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or investment returns. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any investment decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ investment amounts.


*P2P investment is subject to risks. And investment decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.

** Average value mentioned is the weighted average of returns received by investors

© 2023 LenDenClub by Innofin Solutions Private Limited | CIN: U74999MH2015PTC266499


Watch our latest commercial with Hardik Pandya.