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Nepal
1 Level
453 Review
106 Karma

Review on SALT by Syed Adnan

Revainrating 3 out of 5

Quick and exchange-fee free liquidation.

The network provides users with the opportunity to evaluate on a security basis, not on a credit score alone. This deviation from the traditional consumer code allows for lower cost borrowing with value addition to real time blockchain assets than user history. As a result it helps enterprises use the funds without forecasts of an asset and avoids paying the same.

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Pros
  • Competitive rate with no prepayment penalty.
  • Blockchain cryptocurrency as parallel for security.
  • There is no specification for the cause of the loan or bifurcation.
  • Lower borrowing costs.
Cons
  • From the past few months and the continuing downward graph is not a good avenue.