Zagga P2P [formerly LendMe P2P]

[Saamee]

Not for me, but there are more loans available on LendMe than LendingCrowd!

https://www.lendme.co.nz/search-loans

I would be interested to know if Lend Me ( LM ) are making money...?

Their loans take forever to fill up and do not match my Interest rate return expectation ( ie most sub 9% )

I tried them but the loan never got issued \ taken up.

I kind of suspect they will be merged \ taken over by one of the other 3 main P2P players!

[Marcus@LendMe]

I would be interested to know if Lend Me ( LM ) are making money...?

Their loans take forever to fill up and do not match my Interest rate return expectation ( ie most sub 9% )

I tried them but the loan never got issued \ taken up.

I kind of suspect they will be merged \ taken over by one of the other 3 main P2P players!

Hi Samee, LendMe has continued to fulfil loans, and is expecting to pick up the pace this year. We wanted to make sure we grew in a controlled fashion over 2016. It's a shame the loans you showed interest in weren't successfully funded or were fully funded by a sole funder and hence taken off the site.

The reason for our lower interest rate is simply a reflection of the lower risk nature of our deals. Our loans are backed by genuine first mortgage security.

Cheers,
Marcus