Started March 2017
Pros
- Good loan availability - always a loan meeting my criteria when I need one
- Good loan rates - 15% is achievable if you take on long term loans
- Diverse - long/short term / invoice/car/mortgage/personal loans etc
- Payment guarantee on many
- Good performance so far - not one troublesome loan
- Some financial reports available on originators (however not on Lenndy itself, and the statements provided are just the summary numbers and not signed/audited copies of the official versions).
Cons
- Newish platform - higher risk
- No auto investor - it's annoying but if implemented, it might drive loan availability so it's hard to judge whether I should moan about this or not
- Paysera based account (not so bad really)
- No fine control over email notifications
- I'm still not entirely comfortable and have some trust issues due to the sudden move from Lithuania to Latvia. I felt that it wasn't really explained and makes me nervous.
- cannot control language in configuration - it always defaults to where I live (German), and not my first language (English).
Summary: Go for it, but don't put too much in.