• 2013

Company Description

Faircent.com is a website where borrowers and lenders connect directly.

Faircent helps in eliminating the high margins which intermediaries like banks and financial institutions make on our transactions. Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. Banks must take large margins on the money that passes through them. Whereas at Faircent.com people who have spare money lend it directly to people who want to borrow. There are no banks in the middle, no huge overheads