Mintos in 2020: 17 failed Loan Originators, €118 million at risk
kristapsmors.com
Mintos has 70 Loan Originators, 17 of them have failed so far. Result for investors? €118 million at risk, big part of that frozen and much lower return than promised. Could investors predict these events based on Mintos ratings or blog posts? Let’s find out.
Why use 2015 as the start date for adjusted returns? Who were invested in Mintos back then? Almost nobody. Most people joined after 2018 and thus have a negative return, unless they selected only the A rated LO. The average investor in Mintos has lost money.
Can you review other P2P platforms? And the main question would be, can you recommend any?
Why use 2015 as the start date for adjusted returns? Who were invested in Mintos back then? Almost nobody. Most people joined after 2018 and thus have a negative return, unless they selected only the A rated LO. The average investor in Mintos has lost money.
No surprise anyone who thougth A Ratings are equivalent to Fitch etc. is just a fool