Post by captainconfident on Apr 25, 2016 16:40:13 GMT
The two Crowdstacker offerings are invest and forget products, property backed like Wellesley. I stuck a lump in the Amicus 18 month at 5.65%. It repays interest only at intervals and that has gone smoothly. The platform is simply an intermediary.
I was convinced by the account given of the strength of the security and it looks like it does what it says on the tin. It's all about diversity for me - too much in RS.
Lend invest also has auto invest although can take a bit of time if you do not want to put to much into a single offering, they also have the advantage of automatically paying interest into you bank each month if you want
I don't use the auto invest on LendInvest because it is not flexible enough and, anyway, often it can be better to wait for Thursday and take advantage of the Deal of the Week, although I haven't seen one of these recently.
Post by captainconfident on Apr 27, 2016 19:19:56 GMT
am, you can ask the same question about Wellesley and Ratesetter. Why choose them and not individual property loans at higher rates on other sites.? Different risk profiles. Like most people here, I have a bit in all these different things.