jacob
New Member
Posts: 1 
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Post by jacob on Dec 17, 2015 14:54:21 GMT
Hello, I am looking the European P2P lending platforms which provide high ROI. I have invested in two baltic platforms: Savy and Bondora. Unfortunately I stopped to invest in Bondora, since their default and delays rate was too high, and also they removed the ability to choose loans manually where I want to invest. Savy platform is good enough, I m satisfied with these results. (below the screenshot of my investments on Savy) Anybody knows any European P2P lending companies which provide higher ROI or even the same. It would be great to diversify my investments among platforms. Thanks  |
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Post by wiseclerk on Dec 17, 2015 15:09:59 GMT
You may want to check out Mintos, Investly, Estateguru, Twino and Finbee. All in the Baltic too. Some coverage in my blog: www.p2p-banking.com/category/countries/baltic/Also some of the UK ones with higher interest rates e.g. Saving Stream |
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p2pmaster
investment is life.
Posts: 128
Likes: 54
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Post by p2pmaster on Dec 17, 2015 15:41:13 GMT
jacob, who registered 5 hours ago, would save our precious time if he would at least read few threads.
Don't believe in ROI displayed by the platform operators as they are overstating returns to get more naive investors onboard. ROI displayed in SAVY is also incorrect as it does not take into accounted expected default provided by themselves. If you invest in loans of 30%, expected default is around 10%, so net with taxes would be around 15%. Even less given understatement of PD. Bondora does the same thing and its good you stopped investing. Please note that SAVY is also understating its default levels in statistics as only late loan parts are accounted in statistics (instead of the whole loan amount). From the information they have provided (about partial accounting for defaulted loans) the true default rate is near 10% already.
My personal vote (current, as previously I really liked Bondora) goes to Mintos. Yields near the net, professional management team, different loan products, buyback guarantee, low cash drag. The second vote would go for Finbee and Twino. Check them as well.
Good luck, and try to diversify as much as possible between platforms and products. There is also a frequantly overlooked platform risk.
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adrianc
Member of DD Central
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Post by adrianc on Dec 17, 2015 15:47:56 GMT
I don't care one bit who's highest.
All I want to know is who offers an acceptably good return with an acceptably (very) low risk of platform default. With a shortlist of those - plenty of people's opinions around here - I then want to do my own research to find which I personally feel comfortable with.
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Post by jumpingjackflash on Dec 17, 2015 21:28:30 GMT
I lend on a number of platforms - most of my money is on FC & Zopa. But a fair bit on Landbay now - very low risk mortgages and they have tracker loans that means the rate increases as rates rise - also quite liquid - don't charge fees for money out which typically takes 2-3 days. Opposite end of the spectrum to SS etc though rates are much lower.
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Post by webbski9 on Dec 17, 2015 21:30:09 GMT
Stick with Twino and Mintos...both have buy-back guarantees
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ablender
Member of DD Central
Posts: 2,204
Likes: 555
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Post by ablender on Dec 18, 2015 4:35:57 GMT
What is the advantage of investing in a European (non-UK) based p2p? Aren't there tax implications?
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Post by Deleted on Dec 18, 2015 8:26:29 GMT
it's very good if you have an euro income stream
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