16 January, 2022 seen 469I've been investing in the Mintos.com peer to peer lending marketplace since the beginning of 2017, or it has been…
For a limited time, Mintos.com peer to peer lending platform are offering a bonus for investing in long-term loans. Until December 31, 2017, for each new investment you make on the primary market in loans with a maturity of two years or more, Mintos will pay an immediate cash back.
Mintos.com have been one of my top performing dividend income channels in 2017 and I keep loving innovations introduced by Mintos almost every month. Cashback with up to 5%? Well, isn't that yet another great feature?
Investing in long-term loans now has even more benefits. Until December 31, 2017, invest in loans with a maturity of two years or more and get a cashback immediately.
|Cashback amount||Maturity of loans|
|5%||60 months or more|
|4%||48 to 59 months|
|3%||36 to 47 months|
|2%||24 to 35 months|
Only investments made on the primary market qualify. To receive the cashback, you have to be enrolled in the campaign before making the investment.
Both individuals and entities can invest through Mintos. Individual investors must be at least 18 years old, have a bank account in the European Union or third countries currently considered to have AML/CFT systems equivalent to the EU, and have their identity successfully verified by Mintos. At the moment, US citizens or taxpayers cannot register as investors at Mintos.
Affiliate link here: Sign up to Mintos.com here. By using this affiliate link for registration both you and I will receive — 1% of your average daily balance which should be paid in 3 installments for the first 90 days.
When will I receive my cashback?
The cashback will be transferred to your Investor's Account on Mintos within six working days from the day you make the investment.
What will happen if the loan originator will re-buy my long-term investment?
Sometimes loan originators re-buy the loans before their maturity. If this happens, you will get to keep your cashback.
Do I need to enroll each time I make a new investment?
No. To participate in the campaign, you need to enroll only once. All long-term investments made after that will qualify for cashback.
Do investments made prior to enrolling in the campaign, qualify for cashback too?
No. Only new investments made after you have enrolled in the campaign on your Investor's Account qualify for a cashback.
Why would I want to invest in long-term loans?
Investing long-term has many benefits. The returns offered for these loans generally are higher than returns offered on short-term loans. You get to lock-in these higher return rates for a longer period of time, thus avoiding any cash drag effect. Including longer term loans in your investment portfolio also means better diversification in terms of loan types and borrower profiles.