New standard & safe way to take loans from friends & family. 5 Easy Steps: Step 1 - Download the app & create “Request for Proposal” Step 2 - Share directly (unlimited) or discreetly (max 50) with your contacts Step 3 - Get offers from your network Step 4 - Accept offer & sign a digital contract Step 5 - Get money online or offline directly
As a borrower this helps: - Get faster loans - Normally at much lower interest rates - Reveal identity only on getting an offer (Discreet) - Remove awkwardness with our standard & mutually beneficial contract - As per your own terms and not as per bank’s terms
As a lender: Stop giving interest free non-contractual loans to anyone - Earn higher returns on investment while helping your friends and family in need. - Written contract & scheduled repayments - As per your terms & pre aligned with borrower - Build relations while investing in people you know
5 Easy Steps: Step 1 - Get invite only “Request for Proposal” from borrower Step 2 - Update and send a revised proposal Step 3 - Accept & sign a digital contract Step 4 - Transfer money online or offline Step 5 - Auto re-payment reminders
Terms of Usage: InPact is a platform facilitating communication & contract when you lend & borrow within your own network. This is not a/another P2P platform and InPact focuses on solving friction in borrowing or lending from someone you already know. These could be your family members, relatives, friends, colleagues or your other social connections who you know directly and interact directly online or offline.
This is very important to know that InPact DOES NOT: - Charge any fees or commission from lender or borrower - Provide any guarantee against the money involved in transaction - Do any KYC or identity verification - Check for credit worthiness or fraudulent behaviour - Allow borrowing or lending outside your network using the app
InPact DOES - Help you connect & communicate your borrowing need in safer way - Help you finalize a written digital contract with all clear terms of transaction - Help you reach more people in your network - Aim to reduce friction in communication & help provide more clarity by bringing standardization while lending or borrowing within your network
Updated on
Apr 6, 2024
Communication
Data safety
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Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.