|
Post by explorep2p on Jul 31, 2017 14:22:15 GMT
Hello Forum Hopefully this new post will be useful - we have prepared a table comparing the key financial metrics of each Mintos lender side by side (and all in Euros). We have also scored each lender based on 5 characteristics we think are important. We come to a list of 8 lenders we feel most comfortable buying loans from right now. Who are the most solid lenders on Mintos?
|
|
kulerucket
Member of DD Central
Posts: 336
Likes: 93
|
Post by kulerucket on Aug 1, 2017 7:07:53 GMT
Thank you, I've certainly adjusted my lending portfolio as a direct result of the information you have provided. I really hope those weaker ones are paying attention and try to improve their score. Releasing up to date and reliable financial information seems to be something easy to improve unless the companies are deliberately holding back bad news.
"During 2016 the owners of Hipocredit appear to have withdrawn €500k of equity, leaving it with only €135k" - this part is very interesting. I used to have quite a lot of trust in Hipo going by the track record my loans with them, but this along with the other information provided makes me more uneasy about them.
|
|
|
Post by nellerdk on Aug 1, 2017 9:15:43 GMT
thanks a lot of making this research!
|
|
|
Post by nickpap on Aug 1, 2017 16:31:00 GMT
Nice!
|
|
|
Post by kilozulu on Aug 1, 2017 19:04:14 GMT
Excellent work. If you could update this say once a quarter, society would appreciate.
|
|
|
Post by explorep2p on Nov 30, 2017 17:45:24 GMT
Excellent work. If you could update this say once a quarter, society would appreciate. We have updated the ratings today. We have included the new lenders Cash Credit, Eco Finance and EuroOne. Aventus has been removed (they are launching the new Peerberry site instead). Mintos seems happy to keep adding new lenders that are very, very small and have fairly poor disclosures. The variation in quality between lenders remains high. Mintos lender ratings and financials summary
|
|
0risk
Member of DD Central
Posts: 217
Likes: 202
|
Post by 0risk on Dec 7, 2017 0:40:55 GMT
amazing job! many thanks
|
|
|
Post by yoica on Dec 7, 2017 8:40:03 GMT
Nice job! Thank you for the effort you've put into this.
|
|
|
Post by picky on Dec 18, 2017 17:23:47 GMT
Excellent work. If you could update this say once a quarter, society would appreciate. We have updated the ratings today. We have included the new lenders Cash Credit, Eco Finance and EuroOne. Aventus has been removed (they are launching the new Peerberry site instead). Mintos seems happy to keep adding new lenders that are very, very small and have fairly poor disclosures. The variation in quality between lenders remains high. Mintos lender ratings and financials summary
|
|
|
Post by picky on Dec 18, 2017 17:27:45 GMT
Hi, fantastic job done! Thank you for sharing.
I think the topic is very relevant and necessary.
Myself I have currently a concern regarding Lendo, as I have some late loans with buy back quarantee, but it is already 62 days and no buy back executed.
|
|
|
Post by saraph on Dec 18, 2017 23:51:14 GMT
Myself I have currently a concern regarding Lendo, as I have some late loans with buy back quarantee, but it is already 62 days and no buy back executed. That's an interesting find. A friend of mine says this happens to him on a regular basis. I'll try to ask around on one different forum.
|
|
|
Post by extremis on Dec 19, 2017 15:31:28 GMT
According to Mintos statistics there are no 60+ days buyback guaranteed loans right now (except Eurocent of course, that defaulted last summer). Maybe it is the weekend or some other holiday that delayed the buyback guarantee to kick in for a couple of days...
|
|
|
Post by picky on Dec 19, 2017 16:55:13 GMT
Thank you.
I asked and got reply from Mintos that they experienced some technical issues.
|
|
|
Post by explorep2p on Dec 20, 2017 22:50:11 GMT
Hi Forum Thank you for all the positive feedback. We've just updated our tables for the new Mintos loan originators Dindin, Pimpay & Bino. As you will see we don't rate them highly. We understand that the loan originators can choose what financial information they will provide Mintos investors, and no minimum standard has been set. Some of these lenders are effectively startups that are not disclosing how much equity investment they have received. Updated - latest Mintos lender ratings as at December 2017
|
|
p2pmark
Member of DD Central
Posts: 217
Likes: 186
|
Post by p2pmark on Dec 22, 2017 21:58:25 GMT
explorep2p, thanks for this - really high quality analysis. I think you need to update the link in your post.
|
|