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Post by oppsididitagain on Sept 25, 2023 17:35:26 GMT
Hi
I can't seem to find much written about LendInvest on this forum. Personally I have been investing with them for about 8 years, so far Ive had very good returns. There have been some loans that have paid back after the due date, but all in all everything has been ok with very small defaults (kiss of death words)
They are launching their 3rd retail bond paying 11.5% for 3 years.
What do people think , will people be investing in the bond. ??
The launch of the bond would mean they are funding/ borrowing at 11.5% for 3 years. but the returns on the platform are about 6-8% ?
I invested in the original 5.375%. and the 6.5%. but always sold out after a year or so as the bond traded at a premium... so I took the coupons and the national increase.
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