The above lines clearly show a growing demand for quick money. Many a time people end up in a trap after taking a quick loan. To avoid such a plot, we need to address two issues;
- How to make people aware of hidden traps?
- What is the alternative safer way to satisfy the current financial need?
At CashAdvanceCare.com, we are trying to address the first issue. There is no short cut for the second issue unless we do an innovation. Ampmcash is trying to implement a platform to address the quick money issue. We are borrowing the concept from a very successful model "Grameen Bank". We are trying to implement a platform where friends (a trusted community member) can help friends (another trusted community member) in the community (near your location). If we can make a breakthrough with this innovation, people can get and offer help using this platform thereby getting rid of all the high interest rate, hidden charges and other issues.
This is not an easy model to implement, so we are still working out the plans. We request your valuable feedback and suggestions to make this happen.
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