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Post by tomas on May 1, 2018 5:22:01 GMT
I noticed that all time along about 10% of my investments in Mogo are returning as buybacks in one month time. Taking into account their buyback compain it could give a huge return. Nevertheless that bothers me as its too good to be true. Mogo is virtually sucking into everything on the platform. I would add that proportionally most of loans that are 30-60 days late are Mogos.
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Post by kissmyjazz on May 1, 2018 12:13:27 GMT
Please keep in mind that Mogo charges 10% loan issuance fee from its borrowers. They can afford to give you 3% back on average.
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Post by patright on May 3, 2018 16:23:49 GMT
with Mogo so far, I have to admit it's been great, let's hope it continues
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Post by tomas on May 5, 2018 6:02:43 GMT
Mogo does not pay interest on delayed loans. Right now 2/3 of my Mogo loans are current. The rest should not pay interest than?
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