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Comment by zeusk | Hacker News Reader

> https://www.credy.in/investor_Dashboard

The site looks janky, the fonts aren't rendering properly in chrome. (http://i.imgur.com/iRvmG2p.png)

Also, I was thinking of putting in some money but isn't 18% default rates kinda high? or is this some kind of test data (without any indication).

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The site looks mostly OK under Firefox, but the <canvas>es are rendering at (I believe) 50% of their intended height. This results in graphics on there being smudged and distorted, looking twice as wide as they should be.

I'm on a HiDPI/Retina display, for what it's worth.

Thanks for the feedback! We are looking into it.

Thanks for the feedback! Just to add to my partner Harshit's point, we are sending personalized reports to lenders which show live stats.

Like we described earlier, it was test data. Here is the dashboard for your reference (https://www.credy.in/investor_Dashboard) Apologies for the confusion.

Thanks for feedback. We are working on website along with rolling out new features. The dashboard page you saw was a mockup that was for testing (hence had all numbers as 18). We are fixing it, thanks for pointing out.

Actual default rate is of course lower than that.

18% isn't that high; fixed deposits (almost no risk) give about 8-9%.

Inflation in India is quite high.

I meant 18% default rates, not interest rates. But I'm still surprised there are 18% interest loans in India even though I was aware of the going 8~9% CD rates (am Indian).

Thanks for the comment! The loan interests vary as per type, for example home loans are very long tenor, lower rate and collateralized. For personal loans the rates are typically on the higher side. We offer loans starting from 12%

The rates depend on the credit quality of the borrower which depends on their financials, credit history and income.

Rates can be much higher in informal lending space (I have myself heard cases of more than 70% annualised rate, charged over a smaller duration). Borrowers in that space can benefit by moving to a more efficient platform like Credy.

Private lenders in India often charge up to 24-25%

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