SAVY makes every effort to protect investors’ interests; however, the ultimate risk of deciding whom to lend funds to rests with the investors themselves. We recommend starting with smaller investments, thoroughly familiarizing yourself with how peer-to-peer lending and crowdfunding platforms operate, and only investing larger amounts once you have gained sufficient experience.
Typical example for consumer loan borrowers. Borrowing €5,000 with a 60-month term, a fixed annual interest rate of 6%, an administration fee of 1,40%, a monthly administration fee of 0.22% of the outstanding loan balance, APR (Annual Percentage Rate) 9.64%, the monthly installment €102.92, the disbursed loan amount €5,000, and the total repayable amount €6,245.22.
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