Edited on 30/11/2020 / Total invested: 1.223€
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If you invest more than 100 euros through this link,you get 10 euros automatically in your account. Better 10 euros to invest extra than nothing, right? They’ll also provide me with €10 in my Lenndy account.
In early April they sent an email informing them that, despite not having a secondary market, sales could be made via email, without commissions and with a minimum sales discount of 5%.
Lenndy (not to be confused with Lendy, already bankrupt) is a Latvian platform which started its activity in 2016 and has an office in Lithuania (not Latvia) with more than 8,400 registered users who have invested 38 million euros by the end of October and financed more than 13,300 projects.
Their main features are as follows:
- Specialists in loans for the purchase of vehicles,they also offer mortgages, management on advances of invoices, business and personal loans.
- Their fixed profitability in projects with Buyback is 12%. In the event that you do not have the guarantee provided by the Buyback, it rises to 13%, so it is not worth it, in my opinion.
- This Buyback covers both the capital contributed and the interest. The maximum repurchase period is 60 days from the first unpaid installment.
- They facilitate a very complete self-research in which a filter with the desired type of project is contained. I have chosen home loans, personal loans and loans for the purchase of vehicles, because in their statistics are the three that have been repayed in a maximum period of three months. The rest are in the process of being paid. Don’t take any chances. You can choose the months (1-60), interest (12-15%) and the amount to invest in each project, among others. If you want to know what parameters I have chosen, do not stop sending me an email.
- They have only three originators,who are the facilitators of projects. I find them scarce, even if Lenndy publishes a huge number of projects. They’re few, but they’re good.
- It can be invested from 10€ and without maximum limit.
- They have the particularity that they return the proportional share of the capital every month, in addition to the interest. In this way, we recover our amount invested monthly, instead of having to wait until the end of the period.
- Like the rest of the platforms, except Housers which is Spanish and provides information automatically, the proceeds made in the income statement must be declared to the Treasury. Legality ahead.