Mintos Analysis

Mintos @ Savings4Freedom

Mintos Account Update

Investment Start Date: May 2018

Total Deposits: -391,76€ (Oct 2019) |
This means that currently I’m only investing interest in the platform, having already withdraw this value from the platform returns.

Asset Value: 1.409.50€ (Oct 2019)

 

Mintos Platform Analysis

Last Update (01.11.2019)

Mintos is the most well know European P2P lending platform. The huge volume of loans ensures that you are always able to find loans matching your particular investment preferences. 

I started my investments at Mintos in May 2018. Mintos is a great choice for a new P2P lending investor.

The Mintos buyback guarantee offered is the industry standard: it’s essentially a promise from the loan originator, that if a borrower fails to make repayments for 60 days, the loan originator will step in and give you back the invested principal + interest earned for the period you held the loan, including the 60 overdue days. 

I really like Mintos and how it works. I have full control over my loans, no problems to manage and diversify and all listed loans have been already issued by the Loan Originators.

Creating a Mintos investor account is very easy and the first investment can be made in a straightforward manner. The website is among the best in the industry even if the returns are going down due to a higher number of investors active in the platform. 

Analysis Topic Personal Take
13 - Type of Loans

Type of Loans Available

Consumer | Business | Real Estate
1 - Interest Rate

Average Interest Rate 

~11%
2 - Buyback

Buyback / Secured Loans

Yes (Majority) & No
3 - Liquidity

Early Exit / Secondary Market

Yes
4 - AutoInvest

Auto Invest Feature

Yes
12 - Control Over

Control over Loans Invested

Yes
5 - Money Drag

Money Drag

No
11 - Hiden Fees

Hiden Fees

No
6 - Time

Loan Duration

1 month to multiple years
7 - Reporting

Reporting Tool

High Quality
8 - User Experience

User Experience

High Quality
9 - Rewards

Sign-up Bonus

Up to 1% investment bonus on investments made during the first 90 days after creating your account by using this referral bonus link
10 - Evaluation

Overall Evaluation

8/10


My Mintos Account

Mintos Account @ Savings4Freedom

Mintos Income Graph

Mintos Returns @ Savings4Freedom
In October 2019 I paid a mistake done several months before when trying the secondary market. I bought non-performing loans without buyback guarantee and had the need to recognize the loss, with impact on the results.

Mintos Asset Value Graph

Mintos Assets Value @ Savings4Freedom

For those that want to learn the reason why I reduced my Mintos position, you can find information on the image below.

Why I'm reducing my consumer P2P lending on Mintos Robocash and Viventor @ 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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