ivom
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Post by ivom on Jan 4, 2017 12:43:20 GMT
Just noticed some new 12% loans form a seemingly new company.
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ivom
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Post by ivom on Dec 12, 2016 17:44:47 GMT
was browsing through over the weekend, saw there was "Viventor" instead of "ViaInvest" in one of the agreements in some places. could not find it now anymore. simona7 can you explain? was ready to do a test, but found this confusing and paused.
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ivom
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Post by ivom on Dec 1, 2016 10:56:11 GMT
Apologies, but I don't like this. *100% risk free*? Really? A payday lender founded earlier this year, operating in volatile markets like Georgia and Poland ensuring no risk - this does not diminish the risk actually. First marketplace built, taking into account investors' needs? So guys at Mintos, Viventor, Twino and other platforms have been ignoring their customers? Also, have tried out their mobile app - congrats on launching it, but the app is far from user friendly. Taking into account the risks implied and their loud statements - thanks, but I'll stick with the other 3, more professional Latvia platforms.
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ivom
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Post by ivom on Nov 4, 2016 10:35:05 GMT
I think it is like buttchopf23 says that we can invest <10EUR only manually. At least my AI has not picked up any tiny fractions and seems to be working just fine. P.S. Noticed some new loans from cochego (?) - 11% return, look like instalment loans with buyback. anyone has info?
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ivom
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Post by ivom on Oct 23, 2016 17:50:01 GMT
Please correct me if I am wrong but this seems a lot like derivatives/securitisation. Only other company doing something similar to my knowledge is Crosslend, and they have the appropriate licence in place as it seems. Maybe someone familiar with Latvia laws can comment if there is a licence for securitisation needed? Was just about to add some mortgage loans to my Mintos portfolio but am not sure if there will not be problems down the road.
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ivom
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Post by ivom on Sept 1, 2016 12:30:36 GMT
Noticed some Swedish loans from ViaConto today. 12% return with Buyback - not bad at all.
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ivom
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Post by ivom on May 27, 2016 10:11:47 GMT
Hi
Congrats on turning 1 year old, Twino!
However I am really confused about one thing from your yesterday's e-mail.
Loans Funded, Total: EUR 22'100'000 Interest Paid, Total: EUR 325'000 Average Return (as stated in e-mail): 13,92% Average Return, if we do very simple estimation: 325'000 / 22'100'000 = 1,47%
Now I understand that a lot of investments have come only lately, and this is one factor to take into account. also the formula for calculating the 13,92% is certainly different, and my estimation is Elementary-school level as well.
Still, the two figures differ almost 10 times, and this is something really bothering.
Just thinking out loud here, but: 1) Lots of money may be sitting uninvested, and you do the calculation only for the amount that is invested? 2) Bondora-style fairytales?
Pleas provide some logics behind this.
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ivom
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Post by ivom on Apr 14, 2016 14:03:36 GMT
Mintos originally financed all their mortgage loans themselves, then formed separate companies, Hipocredit issuing the loans and Mintos Marketplace offering P2P lending via many different loan originators including Hipocredit, so you could choose to invest only in those if you think that is an advantage. I prefer the wider diversification available with their marketplace and believe the risk is lower because of that. Anyone lending to Spain through Bondora two years ago will not be so keen to lend there as default recovery has been very poor so far. I prefer other loans over mortgage loans on Mintos, as I have practically no knowledge about Latvian real estate market. Not sure about possibility of selling a real estate property in Latvia if the borrower defaults, while this should not be so complicated in Southern Europe or UK. Never invested in Bondora, and not likely to give it a try - from what I read here and on other forums, I am surprised how the platform is still alive. Also all Latvian platforms use different model than Bondora - all loans are initially financed by loan originators = considerably reduced risk for us. I have had very good experience with Spain (via Viventor) so far, and will likely try other platforms working in Western and Southern Europe as well. Not sure what Bondora did there, but one company's mistakes shouldn't doom the whole region.
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ivom
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Post by ivom on Apr 14, 2016 11:51:10 GMT
I would agree with homes119 and the statement that true default rate is unknown, but important. Especially, in the case of Mogo. Considering that almost all of the loans offered are issued in Latvia, Lithuania, Estonia and Georgia, there are substantial risks to consider even with the buyback offered. lmrpereira, I am also investing in Twino and Viventor. I am just a beginner, and the advantages over Mintos I see are that Twino and Viventor have closely related lending companies, giving them expertise also in the lending side of the business, which is crucial. Also they offer investing in loans from countries like Denmark (Twino) and Spain (Viventor) that I feel more secure investing in that Baltics or Georgia. And of course some nice diversification over several platforms to reduce risks.
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ivom
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Post by ivom on Feb 19, 2016 17:46:44 GMT
Hi, I'm new to this forum and fairly new to p2p investing in general. Looking to invest in some more platforms. Can anyone share their experience with Viventor? Is this a good time get started here?
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ivom
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Post by ivom on Feb 19, 2016 17:45:55 GMT
Hi, I'm new to this forum and fairly new to p2p investing in general. Looking to invest in some more platforms. Can anyone share their experience with Investly? Is this a good time get started here?
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ivom
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Post by ivom on Feb 19, 2016 14:54:01 GMT
p2pmaster thanks, already have invested some money with them. Now looking for diversification amongst platforms, as well as different countries. Have you tried any of the mentioned platforms? How do those compare to Twino/Mintos?
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ivom
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Post by ivom on Feb 19, 2016 14:47:28 GMT
VERY disappointing. At the very least they could've given a notice a few weeks in advance. To change things this dramatically effective immediately is not very customer friendly. I'm not an expert or an experienced investor, but totally agree with you. Guess I'll give a try to other platform instead of commiting more in Twino. What do you think about other Baltic platforms, such as Bondora, EstateGuru, Viventor? As I noticed, Viventor now also have high interest loans, 12% and 15% with guarantee.
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