Make your money work for you
Risk of scam when investing in loans In my article regarding borrower’s default, I stated that borrower’s default was the main risk when investing in loans. After many platforms turned out to be scams in early 2020, I’m unfortunately starting to reconsider this statement. Kuetzal and Envestio indeed turned out to be scams in January, … Read more Risk of scam
Website changes As announced last month, I started updating reviews in order to include ratings for the platforms’ reliability and transparency. In addition, I now use the actual performance (instead of the platform’s interest rates) to evaluate the performance.Updated reviews include , , , , and ; next in line are , and . Lendermarket … Read more Crowd-lending portfolio review for February 2020
Lendermarket’s overview allows to invest in short-term individual loans yielding 14% annually; they’re secured by a buyback guarantee. My opinion on Lendermarket Thanks to 14% interest rates, very reliable loan originators and a simple but effective website, ‘s offer is very appealing. Detailed ratings Actual performance My portfolio is fairly new and I regularly add … Read more Lendermarket review
Changes overview My previous post about my favorite platforms was published in March 2019. With the downfall of both Envestio and Kuetzal, I couldn’t prevent writing another update. It pains me a lot that out of eight platforms present in my previous selection, two turned out to be scams. As outlined in my post regarding … Read more My favorite crowdlending platforms – February 2020 update
Website changes As both and proved to be scams, this portfolio review is the most painful one I’ve had to write in three years or so.After a lot of thinking, I’ve decided to make several editorial changes in order to focus more on investments safety. While the first iteration of my article on lessons from … Read more Crowd-lending portfolio review for January 2020
What are loan originators ? A loan originator (often abbreviated as LO) is a company that lends money to borrowers, before putting to loan for sale through loan marketplaces such as , or . They commonly provide what’s called a buyback guarantee; this means that if the borrower defaults (usually by being more than 30 … Read more How to select the right loan originators
Debitum Network’s overview offers to invest in business loans and invoice financing; the interest rates vary between 6% and 11%, with durations from a few days to two years. Most loans are secured by a buyback guarantee. My opinion on Debitum Network Being a speculative investor, I find ‘s returns too low; however, their very … Read more Debitum Network review
Trust-shattering events In late December 2019 and early January 2020, it turned out that was probably a scam. A few days later, ‘s website became unreachable, and the management team disappeared. These events were a shock for many P2P investors, including me. Indeed, call me naive if you want, but I expected the main risk … Read more Lessons from Kuetzal and Envestio
Website changes Well, it looks live I’ve been very naughty : there still hasn’t been any new platform review in December.On one hand, I’m very enthusiastic about several platforms I recently discovered ( and for example), but I’m waiting until I have a good grasp of their inner workings and some actual performance to show. … Read more Crowd-lending portfolio review for December 2019
Website changes Not much happened on the website this month, and – shame on me – I didn’t even write a new review ! We spent most of November preparing our return to Europe, so I mostly focused on bringing existing reviews up-to-date. Noteworthy news from the crowdlending world In case you missed them, here’s … Read more Crowd-lending portfolio review for November 2019