Following the news it is quite obvious a slowdown of the world economy is ongoing. It may turn out to be a recession in the Euro area. So how will P2P lending be impacted by a recession? At the last recession, the financial crisis 2007-2008, P2P lending was rather new. Lending Club in the US […]
Almost every review of a peer-to-peer site or offering focus on the existance of buyback and the detailed terms. More seldom is the question asked: Is buyback really worth the associated cost? The obvious risk when buying a P2P loan is that the borrower can’t pay his interest. Eventually the loan will default, usually after […]
Is the Mintos loan provider Aforti in trouble? Update 14 aug: It seems the payments from Aforti will recommence. The message is technical problems are the root cause for the disruption. Given that also other platforms than Mintos have experienced problems with Aforti it is likely in the Aforti system. https://blog.mintos.com/aforti-resumes-transferring-borrower-repayments/ Update 7 aug: Mintos […]
Looking at Mintos Loans in Roubles, it is immediately clear there are nice interest rates. Examples: EcoFinance (rating B), 19.5%, 60 days term Kviku (rating B), 19.1%, 12 months term Dozarplati (rating B-), 19.0%, 12 months term Mikro Kapital (rating A-), 18.0%, 24 months It is quite feasible to get an average interest rate around […]
My purpose writing on this website is to share experience from P2P investments, news from the P2P community, thoughts and comments on the market development. It is a fast growing, fascinating field and I really look forward to documenting it here.