Faircent User Reviews

Faircent - P2P Investment
Faircent - P2P Investment
Fairassets Technologies India Pvt. Ltd.

Top reviews

What’s the use of this app???

You are not allowing me to login as I created borrower account. When I am trying to register it says email existed. What’s the actual use of this app???

Lost my 5 lakh rs

They converted my fd of 1 year into 36 month without my permission , received full interest only for first 6 months but now getting only partial amount , not sure how much money will be recovered

This is just scam

They are not repaying my 12 lakhs back. They converted by FD of 6 mnths to P2P lending for 36 mnths without my concent and now not giving my money back

Never lend your money through Faircent

Fraudsters, locked my money for over four years - while they said it will be given back in a year.

I am not even receiving all instalments on time now - this is such a scam and people shouldn’t give their hard earned money to fraudulent companies like Faircent.

Update doesn’t work

When I open the app, i get a pop up which states a new update is available and takes me to the App Store. There, there is no update button, just the Open button, which takes me back yo the app and the pop of which states there is a new version available. Super frustrating. Was a UAT done before releasing this version?
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App is not working

App is nog working on iPhone

Fraud alert

Do not invest in Faircent. They will take your money and not let you withdraw from your account. Without customer’s permission they reinvest the amount (EMI) received in customer account in new products and keep deducting fees on that. This has happened multiple times and they don’t reply or address the issue.
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App doesn’t work. I feel this is a fraud.

I went to withdraw my funds, which I invested 6 months prior. Maturity date is gone, and still I have not received my money in bank. Also, the link in mail, directs you to download the app, which works only once.
I am worried about my investment.

Fraud app

Please don’t use it if you want to keep your money safe. There are better apps like mobikwik extra which gives fixed returns. Fyi use my referral code - 3BPZ4W for mobikwik

Worst app and customer service

Don’t go with this app for investment

Extremely slow server

I am user of Faircent for more than 3 years. While the app is user friendly, it is extremely slow to fetch data and most of the time it says ‘time out’. Also it does not holistically show all my investments. Example, my term loans are not displayed at all. That’s where I have maximum defaults. So, the dashboard is useless. While there are innumerable reports, many of them don’t work. This is after updating the app today.
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App does not work

Once I download app works only once and every time I have install to see only once, this is happening in Apple and latest OS, please update as per iOS and help us to use app

Fraud

Fraud service. After completing all verification even home video call verification , and E-Mandate completing .
On disbrus time they reject application.
It's too much fraud.

Fraud company

Don’t invest, I have invested in this company after 2 years I get only invested money not earning anything. Their customer service also very bad. Don’t trust them

Expected a Robust Loan App Given the Recent Frauds

Faircent does not have website presence since the website mandatorily leads into the App hosted on AppStore. In this case, the App should be so much fortified to instill confidence in the investor that, he should not doubt the veracity of the App being genuine or otherwise. A LOT OF AREA TO COVER AND WORK TO DO!!! Completely disappointed despite being a regular investor
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Fraud app

I would not recommend anyone to invest their hard earned money with these frauds. Most of the borrowers do not return the money and these guys take no action. It’s been more than a year now since I have not received any money from 5 borrowers and no action is taken yet.

App is not working.

App is asking to update whereas there is no update and it goes in circles for asking updates. Please fix on priority

Overall experience

Absolutely bad financial offerings as well as attitude of the team. Inspite of selecting safer, lower interest products results are 25% npa. Pathetic recovery and false promises of FLDG etc. Never recommend investing even 10k with them

Loss of investment

There is very high chance of losing your hard earned money .
Hence only put money that you think that you can lose .
There is no recovery mechanism.

App for borrower not there

Tried login in to the app but for borrower is not there only for lender