crowd4cash
Nuovo Progetto
Indirizzo
42
6300 Zug
Svizzera
+41-415253377 crowd4cash.ch/invest-overview

Recensioni

Everything works great! Very nice employees on the phone!
da 5 mesi
I am an investor in various crowd lending providers in Switzerland (Lend, CG24, Cashare, CG24, Crowd4Cash, etc.). Compared to the other providers, Crowd4Cash falls significantly behind for various reasons: 1. Return on Investment - Crowd4Cash has higher interest rates than other providers, and in some cases you can invest in loans with 6-8%. But these mainly come about because of the low credit quality of the debtors (who are still classified as A debtors). The consequence for the investor: of the 6-8% interest, at best you see 1.5-2.0% after deducting commission and defaults. In my case: of the 5,600 CHF in gross interest, 700 are gone for fees and 1,000 for bankruptcies/defaults. And then there are around CHF 2,500 in loans that are overdue (some of them for several years). This means that 1,400 of the gross 5,600 interest remains at the end. 2. Website/Platform - While most providers are constantly developing their website, Crowd4Cash's still looks the same as it did 5 years ago. Plain and simple, but not really good either. For example: the return in % is not even shown. Some of the information on the website is years out of date (status updates on late loans are over 1 year old). There were also errors on the tax reports. The website has been unavailable several times (Server Error in '/' Application.") 3. Credit management and recovery - this should actually be Crowd4Cash's core competency, but it's really lacking. 5% of the over 50 investments I have made have failed so far, 10% of them are in arrears, sometimes several years (!!!). And it's not clear what Crowd4Cash is doing to collect them. There are status updates like “Customer expects bonus payment at the end of July 2022” - in September 2023.
da 5 mesi
I am an investor in various crowd lending providers in Switzerland (Lend, CG24, Cashare, CG24, Crowd4Cash, etc.). Compared to the other providers, Crowd4Cash falls significantly behind for various reasons: 1. Return on Investment - Crowd4Cash has higher interest rates than other providers; in some cases you can invest in loans with 6-8 percent. But these mainly come about because of the low credit quality of the debtors (who are still classified as A debtors). The consequence for the investor: of the 6-8% interest, at best you see 1.5-2.0% after deducting commission and defaults. You are better off with a medium-term bond, which pays the same interest without counterparty risk. 2. Platform - While most providers are constantly developing their platform, Crowd4Cash's platform still looks the same as it did 5 years ago. Plain and simple, but not really good either. There is no investment there. Some of the information on the website is years out of date (status updates on late loans are over 1 year old). I had already found errors in the tax reports that were published on the account. 3. Credit management and recovery - this should actually be Crowd4Cash's core competency, but it's really lacking. 5% of the over 50 investments I have made have failed so far, 10% of them are in arrears, sometimes several years (!!!). And it's not clear what Crowd4Cash is doing to collect them. There are status updates like “Customer expects bonus payment at the end of July 2022” - in September 2023.
da 6 mesi