The image shows the user interface of the mobile investment application, highlighted by its intuitive and easy-to-navigate design.
The main screen presents a clear and concise view of the loans.
This platform offers a simple and straightforward registration process, allowing users to quickly create an account and start trading without unnecessary complications.
Simple Registration Process
This trading platform offers limited customer support, leading to delays in resolving issues or inadequate assistance for traders. With subpar customer support, traders may face challenges in getting timely responses to their inquiries, resolving technical difficulties, or receiving necessary guidance.
Poor Customer Support
PROS & CONS
Steps to Apply for Online Credit
The process to apply for credit online with a financial company is straightforward and involves key steps to ensure security and efficiency. Here are the detailed steps:
Visit the Official Website: Find the option to apply for credit, typically highlighted on the homepage.
Complete the Application Form: Provide personal and financial details such as name, address, email, employment, income, and credit history. Additional information may be requested to assess your creditworthiness.
Identity Verification: Upload documents for identity verification, which may include photo ID and proof of income or residence.
Credit Evaluation: The company will review your application to determine your eligibility for credit.
Approval and Credit Agreement: Once approved, review and accept the credit terms and conditions to finalize the agreement.
Mintos, established in Latvia in 2015, is an online lending platform allowing users to invest in peer-to-peer loans and earn returns.
Mintos has over 300,000 registered users from 63 countries. However, it has faced criticism for high fees in the secondary market and delays in loan repayments.
Financial and Capital Market Commission
ASSETS & SERVICES
Mintos acts as an intermediary between investors and lenders on the P2P loan investment principle. Mintos offers:
Various investment strategies: diversified, conservative, high valuation, and personalised.
Interest rates ranging between 6% and 22%, with an average of 12.5%.
Return-on-investment guarantee if loan payments are delayed for over 60 days.