facebookHow much returns are you earning from your P2P lending portfolio? - Seedly

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Anonymous

28 Jan 2021

βˆ™

General Investing

How much returns are you earning from your P2P lending portfolio?

Hello. The year 2020 has been a tough one. My portfolio for P2P lending hasn't been doing great. In fact, I am looking at a 60% loss. Was wondering what is the experience with the rest of you out there.

Discussion (11)

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HC Tang

28 Jan 2021

Financial Enthusiast, Budgeting at The Society

For P2P Only invested in FS years ago since they started, most of it suddenly burn in early 2019, weirdly. Total lost is 8.64%.
I ask around mostly burn in their P2P since 2019.

Cut it off totally in 2019 when i don't find the loan approval reliable anymore since there's a series of more than 8 to 10 loans defaulted.

Cut lost earlier and earn it later elsewhere. P2P on SME is way to risky even before Covid-19, after Covid-19, no more rooms for that and more and more will only go default.

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Waiting next month to collect last principle amount (hopefully they pay), after then close shop. If retrieve, net profit will be 6% over 3 years. And byebye p2p. Scare liao.

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Up 3.33% in Brdge (Seedin), no defaults/late repayment till now (fingers crossed). Have 3 loans with...

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