Peer to peer lending review, Twino

Peer to peer lending with Twino.

In 2015 Twino launched a peer to peer lending marketplace based in Latvia which deals in unsecured consumer loans. Investors across Europe can chase very high rates of returns on this platform by buying into these unsecured loans that are taken up by borrowers from Latvia, Poland, Georgia, Russia and also Denmark.

There are 4 ratings of loans and these are as follows, buyback, A, B and band C. The buyback loans come with a variety of different interest rates ranging from around 10% up to 15% and are all covered by the buyback guarantee. This means that in the case of the borrower defaulting on payment Twino will buyback the loan part from you including accrued interest after it has reached 30 days late.

Band A,B,C loans are ranked by how likely the loans are to turn

Saving Stream peer to peer lending review.

Peer to peer lending with Saving Stream

After around 3-4 months of investing my money into Ratesetter  I was already beginning to wonder what else was out there, was there better returns to be made on different peer to peer lending platforms? It was not long until I had stumbled upon one such platform which goes by the name of Saving Stream.

The interest rate paid to investors on Saving Stream was a real eye opener to me, being quite new to the game. At 12% per annum paid at 1% per month I was salivating at the prospect of the huge returns that could be made through the process of compound interest. I mean come on

Peer to peer lending review: Ratesetter review

Peer to peer lending with Ratesetter

I like many others started off my peer to peer lending Investments on Ratesetter, lured in by what seems to be a relatively low risk investment with a small but decent interest rate and added £100 bonus for investing at least £1000 for a full year. This means that by investing £1000 on the one year market you stand to make a return of 13% at the 3% market rate of today. Comparing this to the current interest offered by the many