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Post by stanyko on May 22, 2015 9:58:30 GMT
I'm really dissapointed by Bondora and it would be just waste of time to explain why.
Guys, is there any alternative where I could invest decent money in Euro currency?
Thx.
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jay
Posts: 46 
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Post by jay on May 22, 2015 12:49:15 GMT
I'm really dissapointed by Bondora and it would be just waste of time to explain why. Guys, is there any alternative where I could invest decent money in Euro currency? Thx.
No need to explain , we are well aware of why, abyssal amount of default , dodging questions , even the autofiller don't work on the main page... As of an alternative I would not invest in any P2P platform anymore , bondora vaccine me from P2P , next time I have idle money I'd rather give it to help Nepal reconstruction than wasting it here. But my brother is trying lendico ,and doesn't encounter the same disaster than me , so for now its maybe better, you have to do your homework and check statistics yourself . I've been told when people ask for a loan they have to write a small text to explain why. You can learn a lot about someone with just a small text. So maybe its a better alternative, the ROI is not very exciting , however its maybe a true ROI. Trust me i've read many forums in many languages , I have lot of time, I've not found anything exceptional.Quite often the interest received is inferior to the principal default.
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Post by stanyko on May 24, 2015 9:01:34 GMT
Thanks, I'll review the Lendico, whether its worthy to try. I was reading some reviews about US p2p sites like Lending club or Prosper and most investors are getting decent ROI - around 8-10%. Which seems to me as a miracle comparing to my loses in bondora (which is also my fault, as I didnt pay much attention to recent changes). I wanted to join Lending club as its really really userfriendly platform, but they allow overseas investors with minimum 100K budget. And thats not my case  But it looks, that its much difficult to create one platform accross EU than in US. For example, Bondora gets best results in their home country, but Spain and Slovakia was absolute fail. I believe, they failed in understning of local markets, because in Slovakia are tons of local lending companies making significant profits. Im not closing the doors, but agree with you, that best option for now is probably to aviod p2p lending in Eurozone and put money in bank for fixed rates... |
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bg
Member of DD Central
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Post by bg on May 24, 2015 14:50:02 GMT
Try Trustbuddy. Easy to use, decent returns for Euro investments.
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shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
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Post by shimself on May 27, 2015 12:32:37 GMT
Try Trustbuddy. Easy to use, decent returns for Euro investments. quite a lot of errors during the signup process and rubbish english, are they serious?
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bg
Member of DD Central
Posts: 1,368
Likes: 1,929
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Post by bg on May 27, 2015 12:52:12 GMT
Try Trustbuddy. Easy to use, decent returns for Euro investments. quite a lot of errors during the signup process and rubbish english, are they serious? They're quite a big company. To be fair it took me a while to get signed up and invested but have been returning net 15% over the past year and it's completely hands off.
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JamesFrance
Member of DD Central
Port Grimaud 1974
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Post by JamesFrance on May 27, 2015 13:21:44 GMT
Maybe difficult for some countries because from France I see this:
Or can you become a lender if you are a British citizen with a UK bank account?
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bg
Member of DD Central
Posts: 1,368
Likes: 1,929
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Post by bg on May 27, 2015 13:54:58 GMT
Maybe difficult for some countries because from France I see this: Or can you become a lender if you are a British citizen with a UK bank account? I did it from the UK with a UK GBP bank account. Just transferred in using Transferwise.
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Post by reeknralf on May 27, 2015 18:49:16 GMT
Maybe difficult for some countries because from France I see this: Or can you become a lender if you are a British citizen with a UK bank account? I'm in the same position as you. I used a VPN to pretend I was in the UK, but they insist on sending a code to a mobile phone, and wouldn't accept a french mobile number. It's probably possible to subvert this too, but I haven't yet bothered. For the OP, I'm surprised Mintos hasn't yet been mentioned.
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Post by stanyko on May 29, 2015 4:26:27 GMT
Try Trustbuddy. Easy to use, decent returns for Euro investments. Unfortunatelly, it doesn't work for my home country (Slovakia) :/ If I understand well, they accept investors only from 5-6 countries..
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Post by mikenl on May 29, 2015 15:29:20 GMT
Try Trustbuddy. Easy to use, decent returns for Euro investments. Be careful with Trustbuddy. They have decent returns but it takes months to get your money back. Not so trustbuddy at all in my opinion.
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Post by penguinz on Jun 1, 2015 15:50:17 GMT
So is there a credible English-language Euro-based alternative to Bondora? I have been very unhappy with them of late, but there is no alternative I have spotted as of yet.
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shimself
Member of DD Central
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Post by shimself on Jun 1, 2015 22:03:59 GMT
So is there a credible English-language Euro-based alternative to Bondora? I have been very unhappy with them of late, but there is no alternative I have spotted as of yet. Not really I've put a chunk into Mintos with their guaranteed car loans Trustbuddy still a struggle, (unconvincing in my view) and actually not really Euro, it's more NKR SKR DKR Unilend - no q&a and potted accounts, it's a shame because I think they have very low default rates. I'm sort of thinking I'll put small amounts into everything. Sorry it's French Pretdunion also French, a little bit like zopa/ratesetter but much lower rates, 3-4% also French Wiseed & Anaxgo property development, I don't understand them
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jay
Posts: 46
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Post by jay on Jun 1, 2015 22:49:57 GMT
So is there a credible English-language Euro-based alternative to Bondora? I have been very unhappy with them of late, but there is no alternative I have spotted as of yet. Not really I've put a chunk into Mintos with their guaranteed car loans Trustbuddy still a struggle, (unconvincing in my view) and actually not really Euro, it's more NKR SKR DKR Unilend - no q&a and potted accounts, it's a shame because I think they have very low default rates. I'm sort of thinking I'll put small amounts into everything. Sorry it's French Pretdunion also French, a little bit like zopa/ratesetter but much lower rates, 3-4% also French Wiseed & Anaxgo property development, I don't understand them If you want some info about French P2P I can help you to not waste time and money . Pret d'union is indeed too low to consider, unilend i've read on my French forum about it, and the capital default is higher than the interest perceived for many people with zero hope of any recovery,risk of default getting higher each year of course . Its about lending strictly to business: when a factory close theres not much to seize and of course the state come first. if one company ask for p2P funding and not to the bank usually there's a reason .Tbh from what I've read better avoid completely . Wiseed that's more about militantism, eco friendly stuff, startups, you know the usual stuff failing 3 on 4 . Is it serious investment ? I don't know , ive not heard anything horrible about them yet..YET. I bet it will disappoint too as always.
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jay
Posts: 46
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Post by jay on Jun 1, 2015 22:54:06 GMT
Reading people comment on the wiseed facebook: "Ne respectent malheureusement pas leurs engagements concernant les souscriptions immobilières (souscription validée, et puis on vous dit une semaine plus tard 'ah non, désolé, trop d'investisseurs donc on vous vire du projet!!). J'ai cessé d'investir avec eux, leur manque de respect de l'investisseur malgré leurs beaux discours ne m'inspirant pas."
From what I read, they don't respect customers much , not fulfilling their obligations . The guy subscribed to their housing plan , subscription validated, then he was ejected from it cause of too many investors were on the project.All of this does not seem too professional.
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