DoFinance Analysis

DoFinance @ Savings4Freedom

DoFinance Account Update

Investment Start Date: March 2019

Total Deposits: 100,00€ (August 2019)

Asset Value: 104,95€ (August 2019) 

DoFinance Platform Analysis

Last Update (01.09.2019)

I must admit that DoFinance simplicity is tempting. Although the offered interest rate may seem to be low, a 9% interest rate for a 6 months investment with zero headaches is worth considering. I started my investments at DoFinance in March 2019 and immediately understood that this is a P2P lending platform for truly passive investors.

DoFinance offers 100% buyback guarantee and is a bit different from the other P2P lending companies. Usually, you either select the loans individually or use the auto-invest feature in order to filter the loans you want to invest in. With DoFinance, you can still select loans individually, however, the interface is clearly designed to make the task painful, and there’s actually no point in doing so.

Registration in DoFinance is a quick process, after which you gain access to information on investment opportunities. On payment dates, you receive both principal amount and interest accrued. In my opinion a great P2P lending platform for inexperienced investors that are looking for passive income.

 

Analysis TopicPersonal Take
13 - Type of Loans

Type of Loans Available

Consumer
1 - Interest Rate

Average Interest Rate 

~9%
2 - Buyback

Buyback / Secured Loans

Yes
3 - Liquidity

Early Exit / Secondary Market

Limited | Only after 90 days
4 - AutoInvest

Auto Invest Feature

Yes
12 - Control Over

Control over Loans Invested

No
5 - Money Drag

Money Drag

No
11 - Hiden Fees

Hidden Fees

No
6 - Time

Loan Duration

1 month to 1 year
7 - Reporting

Reporting Tool

Medium Quality
8 - User Experience

User Experience

Medium Quality
9 - Rewards

Sign-up Bonus

Enjoy of 10% interest rate after 90 days of your first investment if you sign up through my referral link
10 - Evaluation

Overall Evaluation

5/10


My DoFinance Account

DoFinance Account @ Savings4Freedom

DoFinance Income Graph

DoFinance Returns @ Savings4Freedom

Do you want to Invest?

Check among the P2P crowdlending opportunities available on Savings4Freedom, always taking into consideration that all information is entirely based on my personal experience.

Investe @ Savings4Freedom

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