Please dont waste your time or money with this company!!! Dark Theme. Board Information & Statistics. In addition, it will only lend a maximum of 70% of the valuation of any property or high-value items that it takes as security on the behalf of us individual lenders. FundingSecure is a Peer to Peer lending platform. I'm at Ombudsman with this lot, I hope that they stay in business long enough to pay me compensation but I wouldnt bet on it... this is the worst investment i,ve ever had. Cookie Policy Otherwise, FC will go bust and anyone working here will be out of a job. Now I am operating in the damage control mode and trying to claw back as much of my hard-earned money as possible which, by the way things are going, will be less than the amount I've put in. Compare that, to, say thebridgecrowd - with a team that actually know what they are doing and have a 0% loss and 100% recovery. After all, if they were so competent and reliable, they would be borrowing money from the bank at much lower interest rates. Interest Rates More in CAIA . Complaints Procedure 0800 690 6568 / 0118 324 3190 9am - 5pm. I was lucky enough to sell most of my loans (which all by the way defaulted) and recover most of my money. Our website uses cookies to improve your experience. "we're trying to make contact with the borrower and will update lenders next week - followed by no update for 3 months". We connect Investors who are looking for higher returns in this low interest environment and Borrowers. FundingSecure is a Peer-to-Peer, asset-based lending platform that offers anyone requiring funds a convenient way to borrow against assets. Proves if the advertised rates of return are too good to believe, they certainly will not be achieved. From commercial and residential property to fine art, collectables and classic cars. Funding Secure is a peer-to-peer lending platform which specialises in secured loans. Forums. Open new … Re(9): $420 funding secured (BritishTar am 25.12.2019 09:57:56) Re(9): $420 funding secured ( someonelikeme am 25.12.2019 16:29:06) Re(10): $420 funding secured ( … Fail to provide credible updates and many loans in default past a year. !Hopefully you have read this review BEFORE handing over your money. Mintos Forum. Most loans are for 6 months and may either repay … They hope for government funding for the scheme. Furthermore what ever happened to capping loans at 75% max? We connect borrowers and lenders, so that everyone can mutually benefit. They lie a lot to convince the public to invest in them. © Copyright 2021 FundingSecure. THIS COMPANY IS A NIGHTMARE!! The ones close to ending that I couldn't sell are now over due by almost a year. There was a high-risk factor involved since borrowers paid 2.4% in monthly interest, hence the high advertised lender returns. Like most I invested when peer to peer was new and got great returns. Only the latest review will count in the company's TrustScore. What is happening with this site so many delays in interest, the updates are very vague and not accurate. Being part of our platform allows investors an opportunity to obtain high returns whilst diversifying across a range of alternative assets and portfolios that has been historically reserved for institutional lenders, high net worth individuals or family offices. BANK INSTRUMENTS SCAMMER - SECUREPLATFORMFUNDING.COM; Topic description; Board index ; Specific scams Various financial scams You are here; Welcome, Bing [Bot] Profile; Messages 0; Account settings; Logout ; It is currently Mon Dec 21, 2020 5:52 pm; Last visit … For more information, please view our cookie policy, We currently have more than 5000 investors globally. However, this is where the SECURITY comes in to shield against defaults and to ensure the investors get their money back. We offer loans against a wide range of assets. Jonathan Avery-Gee, Edward Avery-Gee and Daniel Richardson are licensed as insolvency practitioners in the United Kingdom by the Institute of Chartered Accountants In England and Wales and the Insolvency Practitioners Association. Our Members In alphabetical order Cook Islands National Superannuation Fund www.cinsf.com Fiji National Provident Fund www.myfnpf.com.fj Itaukei Trust Fund www.itaukeitrustfund.com.fj … The business and affairs of the Company are now controlled by the Administrators who act as agents of the Company and act without personal liability. Almost every loan goes well beyond the expected finish date, the updates provided on progress are fairly meaningless (e.g. The Funding and Tenders Portal is the single entry point (the Single Electronic Data Interchange Area) for applicants, contractors and experts in funding programmes and procurements managed by … Lack of communication. Absolutely bad Peert to Peer lender. Standard Loan Agreement Your hard earned money.Very bad company since 2017 Status Subject Created by Replies Views Last Post ; no threads found! So please watch this website for updates to borrow against assets working closely with the FCA who to! Go into administration in a matter of months is now protected from any third party actions virtue! Which a government or organization provides for a definition of secured loans and security ). Loans - dubious security vetting process results in a high default rate and low.... 0118 324 3190 9am - 5pm - read Plenty of Reviews before investing obtain has! Better options assets you borrowed against for over a year see again.FS have a nasty habit of changing the posts! Interest rates loan it is filled within hours, unlike FC where it can weeks. Vetting process results in a high default rate and low recoveries a low-interest savings would! Fairly meaningless ( e.g later it 'll mysteriously go to 88 % under... 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