Alex Trepetin

Feb 03, 2017

They have much lower limits (I think as low as $100 or $500) per loan, which might be a good site for none accredited investors.

Communications is pretty good, especially when a loan doesn't perform as expected.

Downside of the site is they don't have very many loans up often, and good loans can fund very quickly. Another downside and major difference of Groundfloor from the other debt investment sites is there is no cash flow (no monthly payment). All notes and interest is due at maturity. The issue with that is investors don't find out if there is a problem with their investment until after maturity (usually 12 months from investment date)

 

.

Email:
Comments