I had looked at them last year, but only E and F grades had seemed tempting.
Attachment 9896
Since then they've had a C default, making their overall default rate across all risk grades and loans issued thus far to be 1.77% on a very flea base (
https://www.zagga.co.nz/invest/rates-of-default ) vs 3.37% to date with Harmoney on comparatively an elephantine base, which is returning 10% RAR.
To August 2018, they had only lent approx $8 million in New Zealand and $61 million in Australia. (
https://www.interest.co.nz/personal-...vestors-are-nz). Have you taken any/all offered loans A1-F5, or just the more risky ones? If you have taken any Aussie loans too, are there any tax implications of Aussie interest earned?