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Worst company Lendbox
Issue Resolved
Brand-aid! The problem has been fixed. Happy Ending.
Apr 27, 2018 08:23 AM 4667 Views

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TRANSACTREE TECHNOLOGIES PRIVATE LIMITED Cares

TRANSACTREE TECHNOLOGIES PRIVATE LIMITED is working closely with MouthShut.com to enhance customer satisfaction.

I have invested more than 70000 through lendbox, they mentioned all the borrowers in their site are verified customers, Lendbox has verified their income sources, aadharcard, PAN, Payslips etc. After taking loan, none of them paying EMIs, when we send a mail to Lenbox support, did not receive proper response, only answer we get is "We are following up with them". No Recovery action taken by lendbox, now I am suspecting they are fake profiles created by lendbox and eating up investors money. I am planning to file a case on lendbox and proceed legally and do needfull for other investors too, stay away from this worst company. dont even invest 1 rupee of your hard earned money.


Brand Response

Hello sir, as we checked, 3 of your borrowers closed loans while rest are still in recovery,l and you some wallet balance available to withdraw. Investments in P2P lending falls under credit risk and requires proper diversification across different risk categories for great risk adjusted returns. Our recovery efforts and collection greatly evolved since 2018 as you'll notice there's very few bad reviews in recent while number of transacting investors are over 10,000 every month as we have recently launched multiple new low risk investment products under Lendbox Alternate investments where you can earn up to 15% with some options coming with principal protection and nero zero risk of default. Please reach out to your wealth manager to know more about it.

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