Investing in loans may be confusing at first. As highlighted in our documentation, an essential part of the investment process is determining your investor’s profile. Which kind of loans do you want to invest in ? For how long ? And even more important, how much risk are you willing to take ? All these considerations can probably deter a potential investor.
Fortunately, several platforms now offer easier ways to invest, focusing on the expected returns.
Initially, DoFinance was the only company to offer such an opportunity. The target returns vary based on the investment duration, and this is the only choice one has to do. Returns were initially great for such an easy product; unfortunately, their new offering has lowered down the interest rates, making it slightly less interesting.
Now that Mintos offers predefined strategies, and with Bondora aggressively pushing their Go & Grow product, is it time to switch to DoFinance’s competitors ?