VIAINVEST Review

• Short-term loan: fixed-term consumer loan with a maturity that varies between 7 to 30 days. The borrower will repay the full loan amount within the loan term.
• Installment loan: consumer loan with a maturity that varies from 3 to 12 months. The borrower will repay the loan by making constant monthly payments.
• Credit line: consumer loan with an open-ended agreement. The borrower may choose the repayment terms – either to repay full loan amount after 30 days or to make monthly payments until the full amount borrowed is repaid. The borrower may also raise the loan amount during the repayment process.

The platform requires a minimum investment size is €10 and all investments come with a BuyBack guarantee.

ViaInvest doesn’t have any fees such as service or registration fees which is good. So you’ll only have to focus on finding good investments!

ViaInvest is part of the financial services provider VIA SMS Group:

• composed of more than 220 employees
• operating across Europe in 7 countries
• founded in 2008 the company currently

Here are summarized KPIs of ViaInvest business performances

How it works:

• Borrowers request a loan to the VIA SMS Group to make it available to lenders.
• ViaInvest then automatically displays all active loans on the p2p lending platform making them available to lenders (investors).
• Investors select a loan based on their desired criteria (type, ROI, risk, term duration), select an investment amount and confirm the investment.

Performances:

The investments available on this platform have an average interest rate of 11% and usually available loans range in this ROI.

Safety:

All investment come with a BuyBack guarantee option. The feature kicks-in 30 days after the loan stated defaulting. This means that if the borrower is late to pay back the investor for more than 30 days, then the platform will pay the investors.

There is also an Initialize Buyback function that allows investors to cancel their investment in any extended or long-term loans after 120 days from the investment date.

On the good side, the platform has a good track record since 2016 and is part of a large group VIA SMS Group active since 2008, which makes it safer than other p2p lending newcomers.

And finally, what is great in this platform is that you can find investments with a short duration of less than 10 days, which will allow you to have returns faster, that you can then reinvest after just few days.

By investing €1’000 using ViaInvest for 15 years you might end up with €4’785 (€2’388 more than with the stock market).