Nera Capital!!
What is happening with Nera Capital loans?. All contracts tell only interest payments till expiration. But today NC started principal repayment of all loans running for 3 months or less and also some 17% interest loans still running for 8 months. Are there no secured agreements between Mintos and Credittors? Seems like it and an ongoing issue creating most of the loan problems?
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There is little new information in the latest update. And there is a vague statement regarding interest payments. If interest has been accrued as normal for the final days of March, April and May up to and including 27 May, why can’t this be done in June for the notes that are still running? It’s not that difficult to answer, but the refusal to address this issue only serves to heighten mistrust. That’s pretty much mistake number one in communication.
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Personally I stopped reinvesting and I withdraw regularly and put the money in a deposit account which pays 3%/year. Not only because of Mintos, but because of the nutter in the white house.
Global economies are heading towards recession, interest rates will shoot up, all bad news for investments like Mintos & Co.
I consider Nera and Planet42 as total losses. Hopefully it stops there and I still get out with a 5% gain.
Planet42 I've little hopes to see anything besides what has repaid until February.Nera hopefully will sort out with time
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Zena,
absolutely agreeable. I started my P2P experience with Mintos, the first platform I could use to withdraw my savings from the banks in my country, which were offering me a ridiculous 2% on 3- to 5-year term accounts,
and that's here I got the worst of it. I have € 75,000 on Nera, I fell for it, who knows what I'll see again. A great lesson. I won't be concentrating my money on just one person anymore. But I'm very disappointed and bitter, and I have to lick my wounds. Consider that I'm also stuck with the defaulted EDS bonds. Goodnight, Zena, goodnight, investor friends, and good luck to everyone. Until the next episode of the soap opera.0
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