It is safe to say that most of life nowadays revolves around money. There is an increasingly large number of people who live their lives from paycheck to paycheck, using their wages to pay taxes, interest payments, mortgages, car payments, utilities and so on. Paying all of these on time is a responsible way to make sure that everything works as it should without unfortunate surprises. When raising funds from EstateGuru’s investors, borrowers take huge responsibility to make sure that everything is paid back to the hundreds and hundreds of engaged investors. Now one might question, why do some of the borrowers who raise money through the platform, leave their payments late? Continue reading “Why do some borrowers make late payments?”
Every year, the World Bank benchmarks all economies based on how easy it is to do business in any given country.
As demonstrated in this article, doing business, dealing with construction permits & registering property is very easy in the Baltic nation of Estonia. Getting credit on the other hand is much more complicated. This is where Peer-2-Peer lending comes into play. EstateGuru’s mission is to bridge the gap and make property business in Estonia as easy and smooth as possible. EstateGuru offers borrowers the opportunity to utilize from their great business opportunities AND lenders a safe option to invest in property.
It doesn’t happen often, but at times there are few circumstances when P2P loans default. Here’s an explanation of what happens.
Sadly not all business plans work out, it’s a factor of life. Here at EstateGuru, as of today we have managed to keep the default rate at a steady level of 0%. This is because EstateGuru prides itself on two areas of focus:
- Thorough due diligence of each investment opportunity
- High transparency when guiding investors with P2P lending opportunities
This rigorous examination of business plans, security and viability combined with our investor guidance principles not only provides historically greater returns; but more importantly minimises losses to P2P lenders if they occur.