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Ian Shaw

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Review of the Lendy, Investments:

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Great Interest rates

Easy to invest with great returns, stay well diversified to minimise exposure as some loans will default and can be tied up a long time or capital lost during the recovery process, cash not instantly available 10K invested, took a month to pull out 5k. Before putting in large amounts, put in a little and get to understand the market and secondary market. Certainly one of the better innovative finance companies with clear and comprehensive interface. If investing on secondary market don't just look at the rates, check out the loan history, some people selling out because they want cash, some selling because they think the loan may default, especially if large values on sale. Reviewed on: 16th January 2018

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