LendingCROWD NZ P2P

[Tony Two Gloves]

Not to keen personally to Invest in Unsecured Loans.......

Yeah I would be careful here, the cynic in me says Finance Direct will gobble up all the good secured loans and feed the riskier unsecured ones out to investors. This is a very small operation and not a lot of loans to go around which is why investors will always be behind the Parent.

I'm still concerned this entity is not making any money, six month to Sept 20 $4k Loss -full year to March 20 $1K profit, Lending Crowd only made $62K for the last two years. They have to change something as they are finding out like Harmoney that this business model does not work - innovate or die! I will not be re investing here or buying shares in harmoney

[Gill]

Hey Tony, where did you get the data re profit amounts of Finance Direct and Lending Crowd?

If these figures are to go by they'll be making less money then some of the investors on their platform.

[Saamee]

Try here >> https://10083-console.memberconnex.c...2030092020.pdf