MAKE FAIR LENDING DECISIONS WITH KARMA
To shake up the lending sector, Karma has created a financial platform offering competition to traditional banks and many P2P-platforms. Financial products traditionally have been offered at rates which were advantageous only to the lender and on their terms, regulating which loans could be made or not, defining which parameters on which to do credit scoring and risk assessments. This is where Karma comes in, giving the power of financial decision-making to a larger scale of users, offering a new solution to this age old problem.
On the Karma platform, participants have the freedom to produce different kinds of financial products, from short-term loans to interest-free, unsecured loans with an open return date. Furthermore, any assets can be given as collateral or towards credit.
Each participant can request a loan on any terms and for investors, they can offer investments on any terms, especially even with an open date – meaning you can return the loan as soon as reasonably possible.
Karma offers a steady and flexible ecosystem, making it easy to adjust to any state of the financial market, at any time.