Even if your income is often above average, you probably feel that rising living costs and growing expenses are increasingly limiting your financial freedom. As a programmer, you have excellent opportunities to build up […]
On top of that they have no secondary market, so your money is stuck with them for a very long time.
There is a telegram channel where people post when loan appears on the market. It reminds me rat race when everyone wants to invest int demanded loans.
It's now been over a year that I invested on the platform, and I can say that so far, everything is working as expected. My estimated annual return is at 10.91%, which makes sense as I mostly invested in loans with a yield around 11%.
Part of our testing period overlapped with the ongoing repayment of Ukraine-affected loans from the 2022 crisis. This gave us the opportunity to observe how PeerBerry managed this significant challenge:
From my experience, the best approach here is to simply wait and not bombard support with emails. Generally, they are aware of their mistakes and work to fix the issues as quickly as possible.
I also checked who is on their team, and it was very easy to do as they are very transparent about it on their website.
The auto-invest function on Viainvest is really easy to setup and allows you to completely automate your investments on the platform.
Hi there! I’m Lars Wrobbel, and I’ve been writing on this blog about my experiences with investing in P2P loans since 2015. I also co-authored the German standard work on this topic with Kolja Barghoorn, which became a bestseller on multiple platforms and is regularly updated.
Personal loans are an excellent investment with high interest rates – as long as they are repaid by the borrower as agreed. However, if this is not the case, things can quickly become uncomfortable! In general, there are three possible solutions in bondora the P2P sector: The loan originator (in this case the ViaSMS Group) provides a buyback guarantee: if a borrower is in arrears with payment for an agreed number of days, the company buys out the debt and pays you back your money plus interest.
The platform implements a 15% maximum exposure cap per country to ensure diversification and reduce concentration risk.
At first glance, the war in Ukraine has not had a direct impact on Viainvest, as the platform’s lending markets are located only in Europe. The decision not to be active in the CIS markets was made on purpose in order to avoid geopolitical risks or strong currency fluctuations.
At Viainvest, you invest your money exclusively in loans from the ViaSMS Group. It is successful, profitable and provides transparent insight into all business areas. That is much more than we can say about many other providers in the P2P market! Investors currently receive 13 per cent interest with Viainvest. In my experience with other platforms, this puts the company in a leading position.
We're pleased to hear about your successful two-year investment journey with PeerBerry. Ensuring your satisfaction is our ongoing commitment, and we hope to be your trusted companion for many more years.