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The House Crowd: Equity Crowdfunding reviews

Name: Equity Crowdfunding
Rating: 1 (1 reviews)

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Based on 1 reviews, last reviewed 30th Dec 2019

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Be ready to lose your money :-( Have invested with Housecrowd for several years across dozens of loans. The majority have made the good returns but recently have had a significant nu... Read more Reviewed on: 30th December 2019

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Equity Crowdfunding is a relatively new type of financial product. But with its popularity everincreasing, you too can find out more by reading The House Crowd crowdfunding reviews. Oh, and if you've used The House Crowd before, you can write your own review to help other potential investors find out more. Smart Money People is on a mission to build the most useful review platform. We need YOUR reviews to help make this happen.

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The House Crowd Equity Crowdfunding reviews (1)

Be ready to lose your money :-(

Have invested with Housecrowd for several years across dozens of loans. The majority have made the good returns but recently have had a significant number that have been in default for 12-18m+. In the last month I've had investments where I've lost 10% and 70% of my original capital, and one where they're suggesting I may lose everything. There have been others where the interest rate has been below that advertised because of the protracted time to recover and the solicitors and professional fees. Some of their original LTV are crazy - one with a LTV of 70% was sold at about 30% LTV! Reviewed on: 30th December 2019