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Name: Bal

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Most Recent Reviews (3/3)

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Firm favourite for P2P

I have been a member of LendInvest for a number of years and I have always enjoyed the experience, return and communication I have with... Read more

I have been a member of LendInvest for a number of years and I have always enjoyed the experience, return and communication I have with them.

I would like the return to be a little higher 7% - 8%, but I have had a good success with them so far. The loans they offer are always secured and I believe they work hard, to acquire good deals.

I would recommend LendInvest to colleagues and friends.

Reviewed on 15th November 2018
Bal's avatar
Bal

Defaults

The platform works well and the rates are inticing, however over 50% of my portfolio is late or... Read more

The platform works well and the rates are inticing, however over 50% of my portfolio is late or delayed.

This means that rather than receiving the 11/12% I would like to achieve it is more like 6% or 7% if the defaults aren't resolved. It is difficult to contact the team as well.

I like Lendy and was introduced by a friend, but they need to improve if they want to keep me using them.

Reviewed on 15th November 2018
Bal's avatar
Bal

Good Performance of Bonds and customer service

The platform offers different types of fund raises, but I just have an IF-ISA with them. So far the bonds I have invested in have paid back early or are on time and give a good return (not as high as Lendy, but better than LendInvest).... Read more

The platform offers different types of fund raises, but I just have an IF-ISA with them. So far the bonds I have invested in have paid back early or are on time and give a good return (not as high as Lendy, but better than LendInvest).

It is easy to get hold of someone via telephone as well, which is easier than emails back and fourth.

However, they have a lot fewer deals than other lenders and it can take a while for your investment to start generating an income.

Overall, good platform, good customer service and I continue to lend with them.

Reviewed on 15th November 2018
Bal's avatar
Bal