Bondora is one of the oldest and largest P2P platforms - they claim to have 131 827 investors, who have invested over €378M and earned €47M. If you trust Bondora, average net return is 9.8%. What is the real return? Let’s find out.
You forgot to mention that Bondora manages to do this by paying the highest referral bonus out of every platform ever - even higher than the scam platforms.
Lars Wrobbel earns 5% commission from every new customer he refers to Bondora and so he promotes go and grow like crazy. He has 100,000 page views per month from German visitors.
Can you imagine how much that earns him if Jorgen can make €20k in a month promoting scams with ‘only’ 2.5% commission to just 10,000 page views per month...
You are completely right. I mentionned exactly the same some times ago, but not referring specially to Bondora, which I left after 1 or 2 weeks. Lars Wrobbel is even worse then Jørgen, I had a short discussion with him, got just senseless answers, no more comments from me, categorized as scammer, probably just following his script, selling it to dumbasses.
This a completely useless & unfair comment. I am following the P2P space since 2012 and so the most of the bloggers in Germany. I also met a lot of them in person. I met Claus, Vincent, Sebastian and also Lars on one of his community meetings.
There is a huge difference between Lars & Jorgen:
1. Lars main income is based on Amazon. As far as I know he published over 300 products there. So, there is no need for him to promote P2P "like hell". If you compare the search results on YouTube about Bondora, I found 1 video from Lars. But some bloggers have 5,6 or even 10 videos online, everyone of course with affiliate links.
2. Lars never promoted platforms like Envestio, Kuetzal or other scams and he wrote a very honest article about Fast Invest years before everyone else did and found out that they fake reviews with their own employees. He was just invested in Grupeer and visited them for one day, but one year before they go bust. And he mentioned already in his newsletters in the end of 2019!!! that something strange is going on there.
And also you cannot judge bloggers because they write about Bondora. It is one of the biggest platforms in Europe and nearly everyone is invested there and I am happy to read every blog article about them to build my own opinion. And it doesn't matter for me if they are coming from Jorgen, Kristaps, Lars or others. We are sitting all in the same boat. I am not a fan boy of anyone, but you should look at the facts before you write such comments.
Invested in bondora since summer 2015. In Feb 2020 sold everything to g&g and exited just before they put restrictions on g&g withdrawals. Final XIRR was just above 6%
Now Į only have bondora account where my bot is looking for defaulted loans which is looking promising with 50% or higher discount. Its hard to calculate real return for this account but if i calculate portfolio value at its buy price then im getting XIRR about 100%. And thats why: Bondora dont need borrowers which are paying in time, because bondora isn't making a lot profit on them. Most profit they are making on defaulted loans. They are taking insanely 35% from each defaulted loans payment as "debt servicing cost" and i very doubt that ir all goes to bailiffs.
Blogging Bussines is not about investing, it´s about selling affiliates. Solid Returns are possible on Bondora but this is not a passive strategy and a lot of work.
But, as a matter of fact, Bondora does pay 6.75% on G&G. And outside the pandemic, which is a unique challenge for ALL bussinesses big and small worldwide, users could withdraw it anytime. So, what's the issue?
If all portfolio is generating losses, and G&G is backed by the same bad loans, then very likely at some point you won't be able to get the promised 6.75% or even 0%.
You forgot to mention that Bondora manages to do this by paying the highest referral bonus out of every platform ever - even higher than the scam platforms.
Lars Wrobbel earns 5% commission from every new customer he refers to Bondora and so he promotes go and grow like crazy. He has 100,000 page views per month from German visitors.
Can you imagine how much that earns him if Jorgen can make €20k in a month promoting scams with ‘only’ 2.5% commission to just 10,000 page views per month...
You are completely right. I mentionned exactly the same some times ago, but not referring specially to Bondora, which I left after 1 or 2 weeks. Lars Wrobbel is even worse then Jørgen, I had a short discussion with him, got just senseless answers, no more comments from me, categorized as scammer, probably just following his script, selling it to dumbasses.
This a completely useless & unfair comment. I am following the P2P space since 2012 and so the most of the bloggers in Germany. I also met a lot of them in person. I met Claus, Vincent, Sebastian and also Lars on one of his community meetings.
There is a huge difference between Lars & Jorgen:
1. Lars main income is based on Amazon. As far as I know he published over 300 products there. So, there is no need for him to promote P2P "like hell". If you compare the search results on YouTube about Bondora, I found 1 video from Lars. But some bloggers have 5,6 or even 10 videos online, everyone of course with affiliate links.
2. Lars never promoted platforms like Envestio, Kuetzal or other scams and he wrote a very honest article about Fast Invest years before everyone else did and found out that they fake reviews with their own employees. He was just invested in Grupeer and visited them for one day, but one year before they go bust. And he mentioned already in his newsletters in the end of 2019!!! that something strange is going on there.
And also you cannot judge bloggers because they write about Bondora. It is one of the biggest platforms in Europe and nearly everyone is invested there and I am happy to read every blog article about them to build my own opinion. And it doesn't matter for me if they are coming from Jorgen, Kristaps, Lars or others. We are sitting all in the same boat. I am not a fan boy of anyone, but you should look at the facts before you write such comments.
Invested in bondora since summer 2015. In Feb 2020 sold everything to g&g and exited just before they put restrictions on g&g withdrawals. Final XIRR was just above 6%
Now Į only have bondora account where my bot is looking for defaulted loans which is looking promising with 50% or higher discount. Its hard to calculate real return for this account but if i calculate portfolio value at its buy price then im getting XIRR about 100%. And thats why: Bondora dont need borrowers which are paying in time, because bondora isn't making a lot profit on them. Most profit they are making on defaulted loans. They are taking insanely 35% from each defaulted loans payment as "debt servicing cost" and i very doubt that ir all goes to bailiffs.
Don't forget they make it impossible for you to withdraw your money. Personally I think they should just be in the outright scam section.
Blogging Bussines is not about investing, it´s about selling affiliates. Solid Returns are possible on Bondora but this is not a passive strategy and a lot of work.
But, as a matter of fact, Bondora does pay 6.75% on G&G. And outside the pandemic, which is a unique challenge for ALL bussinesses big and small worldwide, users could withdraw it anytime. So, what's the issue?
If all portfolio is generating losses, and G&G is backed by the same bad loans, then very likely at some point you won't be able to get the promised 6.75% or even 0%.
No you can't, try it🤣