Asked on 20 Jun 2019
Just wanted to highlight that funding societies has 0% default rate
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.
Just wondering where do you get the information. All p2p platform have faced faults or late repayments. 0% default rate is not a good sign too. You do need to go and clarify.
I also have 2 defaults, still a positive for me. Do not be too greedy and still do your due diligence even within the platforms.
Pm me if you need advice
You should really broadcast that a bit more.
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