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RE: PaySense - Instant personal Loan app.Quick n easy loan upto Rs 2Lakhs
This sounds or feels nice. But most of these apps require a collateral and that's what ensures they get their money back. So in this case, what do they ask for as a collateral?
They don't require any collateral for loan. It's collateral free and they do provide to people who don't even have any credit history. This is the thing which is making them different than others.