How does that work
Robocash provides personal and business loans issued by 3 lenders in as many countries. Interest rates are around 13%. The amount of loans is fluctuating and there may be periods when there are no loans. All loans are protected by repurchase guarantee. I do not like at all that both the interests and the capital are credited only at the expiration of the loan
On Robocash you can invest only through the automatic portfolio.
Robocash does not provide a secondary market.
All loans on Robocash are protected by a repurchase guarantee (or buyback).
- Guarantee of repurchase of expired loans? Yes
What I Like
- Very low maintenance
- Attractive interests
- Effective assistance
What I don’t like
- Little chance of differentiating
- Cannot invest manually
- Interest and capital are only returned at the expiration of the loan
Conclusions (my opinion)
If you always find available loans and give up the daily/monthly composite interest you can reach around 13%, especially interesting for those who do not want to spend time in calibrating their purchases. Here you set up the automatic portfolio and then you will forget the site until the time to cash out.