Doug D

Oct 10, 2017

I thought they were great when I first started investing with them in August 2014.  Things went as expected with regular interest payments and loan payoffs within a month or two of the original estimate.  At this point in time I have more nonperforming loans than performing loans with them.  3 of my loans were foreclosed and sold and I am waiting on the back interest and principal.  I think they tried to grow too fast and got lax on their underwriting.  I won't be investing any new money with Patch.

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