After registration, you are ready to invest in P2P loans on the platform once you have made your initial deposit. By the way, always keep an eye out for platform bonus promotions to gain advantages. You can find a continuously updated list of all bonuses in my P2P platform comparison.
This event demonstrated both the platform’s resilience and the importance of geographic diversification in P2P portfolios.
With Viainvest’s automatic Portfolio Builder, you can precisely specify the countries and interest rates you want to invest in. The following aspects are important in my view when configuring it:
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%.
When I first started to invest in the platform, I immediately activated the auto-invest function, and also made deposits for a total of 1000 Euros over the first months of investing. I also made one withdrawal to check if everything was working fine to get your money back (and it does!).
It would have been more honest to lower the interest to a point where investors pull out money and they reach a market equilibrium. How, everyone has to constantly work: some to manually invest in loans every morning, some to pull out money every week to avoid the cash drag.
I got all my money back and my trust in this company was solidified. When there was a viainvest reason to act differently, they stood their ground and defended the interests of their clients. Congratulations!
As for all Peer-to-Peer lending platforms I add to my portfolio, I also check the company itself and see what they are doing in terms of security & safety of the investors funds.
The top five countries for loan issuance are Kazakhstan, Moldova, Lithuania, Romania, and the Philippines. The interest rates depend on the type of loan but typically range between 9 to 11 percent.
P2P loans have been providing investors with high interest rates for years, but are not without risk. Some black sheep in the industry are barely regulated or not regulated at all and investors never really know what is going on behind the closed doors.
Our investment results depend on our own preferences in what we want to invest in. If we target only loans with a limited supply, we must also accept competition on the platform (we are not alone, and we are not first in the queue). If preferred loans are not enough for everyone, AutoInvest can not invest either (AutoInvest as a tool works well, but if there are no loans under the chosen parameters, there is nothing AutoInvest can invest in).
The P2P platform’s main source of revenue comes from the lending activities of its parent company, Via SMS Group. More precisely, they earn money through referral fees for each issued loan.
Viainvest is one of the few platforms in the European P2P market to levy a withholding tax. Although this is only 5 per cent and can be avoided in some cases with a certificate of residence, it is still a very unpleasant and annoying burden.
Yes, the P2P platform offers a buyback guarantee. If the borrower is 60 days overdue with their payment, the loans, along with the accrued interest up to that point, will be repaid.