Awesome investigation. Thank you so much! I guess, many Lithuanians will be reading it after I posted link in our P2P group in Facebook. You should receive an award from Latvian government (looks like your are from LV).
Thank you for your research. At first I thought that the originators would act in our best interests but this was naive of me. Now COVID has them leaving us with the bag and they are being as sneaky about it as possible. Guessing this is to keep Mintos investors in the dark as far as possible to keep our money in their system.
The diversification of originators is clearly just smoke and mirrors. Thank you again for this research, I'm getting out of this mirage ASAP.
So, what is the verdict from this? Do you suggest avoiding loan originators that are affiliated with the Kesenfelds-sphere, and if so, do you have an exhaustive overview of the LOs in question?
It is tricky.. in Mintos case from one side affiliated LOs is good = at least some control because of overlapping shareholders, bad = no rules, do whatever they want, many are not happy how Finko and Finitera turned out. But it still looks better when compared to Viventor and it's big conflict of interest with Atlantis. I guess it ends up with the people behind any platform and LO - if they act in somewhat fair way or are they doing everything in their power to take max advantage of the average dumb P2P investor.
Awesome investigation. Thank you so much! I guess, many Lithuanians will be reading it after I posted link in our P2P group in Facebook. You should receive an award from Latvian government (looks like your are from LV).
Thanks
Thank you for your research. At first I thought that the originators would act in our best interests but this was naive of me. Now COVID has them leaving us with the bag and they are being as sneaky about it as possible. Guessing this is to keep Mintos investors in the dark as far as possible to keep our money in their system.
The diversification of originators is clearly just smoke and mirrors. Thank you again for this research, I'm getting out of this mirage ASAP.
Great investigation! I had missing puzzles so I could not solve the problem out. Now you did it. Thank you!
Thank you for the analysis
So, what is the verdict from this? Do you suggest avoiding loan originators that are affiliated with the Kesenfelds-sphere, and if so, do you have an exhaustive overview of the LOs in question?
It is tricky.. in Mintos case from one side affiliated LOs is good = at least some control because of overlapping shareholders, bad = no rules, do whatever they want, many are not happy how Finko and Finitera turned out. But it still looks better when compared to Viventor and it's big conflict of interest with Atlantis. I guess it ends up with the people behind any platform and LO - if they act in somewhat fair way or are they doing everything in their power to take max advantage of the average dumb P2P investor.