Kenny Tan - Seedly
Seedly logo
Seedly logo
 
Kenny Tan

Kenny Tan's profile is not filled up yet.

Kenny Tan

About

Kenny Tan's profile is not filled up yet.

Credentials

Kenny Tan's credentials are not filled up yet.

Kenny Tan

  • Answers (1)
  • Questions (0)
  • Reviews (7)

Investments

Funding Societies

P2P Lending

It is stated that funding societies have 0% default rate. This is untrue being an investor in FS, my portfolio have 6 defaults loans. My account is in negative P/L
3 answers
Kenny Tan
Kenny Tan
Level 3. Wonderkid
Answered on 14 Jul 2019
What i am very sure is that funding societies is not 0% default rate. I have invested over 150 campaigns with them. currently I have 7 loans defaulted, and no regular update from funding societies on how they are recovering the funds. FYI, my portfolio is in red.
👍 2
Level 3. Wonderkid
37PointsGoal 40
3 POINTS TO LEVEL UP
Browse Rewards