There is a slight difference. But in reality, when a Loan originator goes bust, even if you have a better claim with the direct structure, recovery is nothing straight forward. Eurocent offered direct structure loans on mintos.
That is what I thought at first and wasn't really sure why people go "lolwtf" when the credit investment is indirect, since in both cases if originator busts, you are most likely screwed in some way.
I started "investing" since 2 weeks and deposit in iuvo and Mintos as main platforms just to test things out. So far I'm satisfied with Iuvo, but obviously I don't have much experience yet. Will update after some months or so.