Proplend reviews
Proplend reviews
Review summary
People rate this company as Average based on 3 product reviews
Latest positive rating
Lower risk Autoinvest lending
Proplend highly regarded by the leading P2P review sites, Autoinvest Tranche A lower LTV first security investment is diversified lower risk option, to date no... Proplend highly regarded by the leading P2P review sites, Autoinvest Tranche A lower LTV first security investment is diversified lower risk option, to date no investor has lost a penny in A ( lower risk). Tranches B and C offer higher rates, LTVs hence higher risks. Investment should be ideally well spread multiple loans the P2P experts do suggest. Proplend are one of the best P2P lenders and seem to have high due diligence on borrowers and rightly so. I have never had any payments missed and platform offers great second market very high demand loans. Read more Read less
Latest negative rating
They will ask for your passport, a few different bank statements and another different utility bills for ID
While you may think that they are very secure by vetting customers, I am suspecting that they ask for overwhelming ID verification to gain personal... While you may think that they are very secure by vetting customers, I am suspecting that they ask for overwhelming ID verification to gain personal information more than necessarily. If you want someone easier to work with, don't even think about investing with Proplend. Read more Read less
About Proplend
Proplend was founded in response to the fallout of the 2008 banking crisis. Proplend makes it possible for interest rates being offered by borrowers to be earned directly by lenders, circumventing the traditional banking system and creating a new asset class. Smart Money People is the place for Proplend reviews. Read and write reviews to help increase trust and transparency in Financial Services.
Reviews for Proplend
Showing all company reviews
Lower risk Autoinvest lending
Proplend highly regarded by the leading P2P review sites, Autoinvest Tranche A lower LTV first security investment is diversified lower risk option, to date no... Proplend highly regarded by the leading P2P review sites, Autoinvest Tranche A lower LTV first security investment is diversified lower risk option, to date no investor has lost a penny in A ( lower risk). Tranches B and C offer higher rates, LTVs hence higher risks. Investment should be ideally well spread multiple loans the P2P experts do suggest. Proplend are one of the best P2P lenders and seem to have high due diligence on borrowers and rightly so. I have never had any payments missed and platform offers great second market very high demand loans. Read more Read less
They will ask for your passport, a few different bank statements and another different utility bills for ID
While you may think that they are very secure by vetting customers, I am suspecting that they ask for overwhelming ID verification to gain personal... While you may think that they are very secure by vetting customers, I am suspecting that they ask for overwhelming ID verification to gain personal information more than necessarily. If you want someone easier to work with, don't even think about investing with Proplend. Read more Read less
Products from Proplend
Showing all products offered by Proplend
Peer to Business Lending
by ProplendProplend peer lending reviews on Smart Money People help people like you thinking about what life is like as a Proplend customer to find this out. What is customer service...
Peer to Business Lending
by ProplendProplend peer lending reviews on Smart Money People help people like you thinking about what life is like as a Proplend customer to find this out. What is customer service...
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