If you don’t know what Creditbulls is, it’s probably best that you peek your head out from under that large rock you have been living till today. Yup, Creditbulls is that big, and a single investment might be exactly what you need to earn a salary without lifting a finger.
However, despite the benefits Creditbulls offers, it is natural to feel a little sceptical when something seems too good to be true. Luckily, you’ve got us to guide you so you can make the right decision with no regrets.
What Is Creditbulls?
For starters, Creditbulls , as the name entails, has nothing to do with credit cards or bulls either. It allows you to invest in a monthly income plan and promises up to 2% interest rates in return. That is about four times what you would get from investing in a fixed deposit plan!
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So, How Does It Work?
Creditbulls gathers deposits from multiple investors just like you and secures them with PDC. The next step is investing the deposits in high-value equity, and voila, you get a fixed monthly payment. Think of it as a salary you don’t have to work for.
The best part? You don’t even have to know how investing works or keep an eye out on the stock market. Professional investors do everything for you.
All you have to do is register and send over some KYC documents. Once your registration is approved, you can start investing.
What are the risks?
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Every investment comes with a risk, right? Wrong.
Okay, maybe an “almost zero” risk like Creditbulls.
Creditbulls’ promises to invest in equity that comes with a 1:2 risk-reward ratio. So, unless the economy is deeply shaken to its core and collapses, you most probably have nothing to worry about.
The downside? Your income will be subject to taxes as per Indian law, although you can invest in multiple monthly income plans to earn more. After all, the bolder the investment, the more returns you get.
Is Creditbulls Safe?
Well, it’s highly unlikely that Creditbulls will take all your money and skip town. After all, it is a fully registered and reputable company.
Your private information will also be kept safe, so you will not have to worry about it being sold or disclosed.
The Verdict
Is investing with Creditbulls a good idea? Absolutely! Who doesn’t want to earn a steady salary without a job or even in retirement? Given the low risks, high returns and security the platform offer, Creditbulls might be what you need to become financially stable.
