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Post by gravitykillz on Aug 12, 2019 20:24:35 GMT
I have been investing with lendinvest since the start of the year. And found it to be one of the best platforms out there.
They have one of the best recovery teams out there. Just stick to loans for property at 60% or less. Development loans often overrun or default but capital and interest has always been recovered.
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benaj
Member of DD Central
Posts: 4,855 
Likes: 1,591
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Post by benaj on Aug 12, 2019 20:25:11 GMT
I have been lending on the Lendinvest platform over 30 months. I don't use auto lend and self select investment opportunities. Current XIRR is 6.49%.
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Post by gravitykillz on Aug 12, 2019 20:31:00 GMT
I think around xmas I was contemplating joining lendinvest or funding secure.
Glad I joined lendinvest and not the latter considering all the bad loans.
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quidco
Member of DD Central
Posts: 290
Likes: 361
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Post by quidco on Sept 10, 2019 11:15:47 GMT
I've had an account since 2014 and also had one for my dad for a while as power of attorney. I personally think they're the best P2P I've encountered although they don't seem to garner as much attention as others, possibly because the rates are lower. I've had significant sums in at various tiimes and everything has been repaid 100% which I suspect is the main worry these days. There's no secondary market so you have to wait a while to get the money back. As far as I'm aware LendInvest is the secondary market of Montello who originate the loans and then guve investors the chance to buy into them. Generally I get the imnpression it's a well run business.
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