Even if your income is often above average, you probably feel that rising living costs and growing expenses are increasingly limiting your financial freedom. As a programmer, you have excellent opportunities to build up […]
We’ve looked into our records and couldn’t find any indication that you've used our services at PeerBerry. We also noticed that you're advertising another business, which raises concerns about the authenticity of this feedback.
Some investors note delayed loan repayments not always reflected promptly in dashboard balances or reported returns.
Viainvest also failed to comply with certain requirements from the Latvian regulator, so the company received a fine of EUR 21,000 in addition to other conditions. Lender Risk
I have nothing but positive words about PeerBerry, especially how the company handled the loans affected by the war.
Transparent Communication: Regular updates on repayment progress were provided in the platform’s news section
Most competitors offer such a marketplace and thus help investors to get out of a loan quickly in an emergency. When you invest, you are completely dependent on the success of the ViaSMS Group. As this is the only lender on the platform, all loans logically originate from this company. In the event of economic difficulties, your capital could be at risk.
a) Loans available on Peerberry seem to be longer term and I am interested in medium-higher risk 60-240 day offerings. Could you please provide recommendations on these.
I also always have do a close examination of the loan originators a platform uses, as this is usually where a platform will encounter problems if anything bad happens like a financial crisis.
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.
The financial strength of the parent company is also a major advantage in terms of safety. In addition, audited annual reports have been published regularly since 2012 to provide information on the company’s financial situation. Viainvest can therefore be considered as a safe P2P platform.
Due to the strong backing from the parent company, the bankruptcy of the P2P platform itself is unlikely. However, if the parent company were to go bankrupt, it would lead to a lengthy and years-long legal process.
Investments in P2P loans are subject to risks and can lead to a total loss of viainvest capital. Past performance is not an indicator of future results. All content is for informational purposes only and does not constitute investment advice.
I reached out to the chat on a Sunday, received clear instructions by email the next day, and the issue was resolved smoothly and very quickly. Excellent support — congratulations to the team!