benaj
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Post by benaj on Jul 10, 2018 14:58:04 GMT
Has anyone invested with Lendable? According to Altfi Data, its 90 lending volume is 12% in the UK.
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Post by Iain - Orca on Jul 13, 2018 13:01:21 GMT
Lendable only target HNW investors or institutions. I believe their minimum deposit is £250k.
Loans are typically higher risk than other P2P consumer lenders (Zopa, RateSetter) so their is an opportunity for superior returns.
Cheers, Iain
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benaj
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Post by benaj on Jul 13, 2018 13:37:01 GMT
Thanks Iain - Orca, I got a reply from Lendable recently, I have been told the minimum ticket price is £250k!!!! Count me out. |
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Post by Iain - Orca on Jul 16, 2018 15:00:59 GMT
Yeah it's a pity as it's an interesting platform which offers a different risk profile from others on the market. If you are looking for a higher risk consumer platform, The Money Platform might be worth a look. I've no experience with them but it's an interesting proposition. themoneyplatform.com/lenderShort term consumer loans with lower (supposedly more ethical) rates than payday lenders. |
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Greenwood2
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Post by Greenwood2 on Jul 16, 2018 15:47:35 GMT
Yeah it's a pity as it's an interesting platform which offers a different risk profile from others on the market. If you are looking for a higher risk consumer platform, The Money Platform might be worth a look. I've no experience with them but it's an interesting proposition. themoneyplatform.com/lenderShort term consumer loans with lower (supposedly more ethical) rates than payday lenders. You really don't have any experience of them  , my worst ever P2P punt! Read the Money Platform threads for a laugh.
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Post by Iain - Orca on Jul 16, 2018 16:21:02 GMT
Will do, seems like it might be entertaining at the very least!
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, my worst ever P2P punt! Read the Money Platform threads for a laugh.