Do the borrowers own real estate?

2022 07 05

Hello,

I would like to share the most important Finbee news and the results of June.

What is new on Finbee?

3 million coming up?

We increasingly continue to issue more loans: in June we issued 1.67M Eur to private individuals and 1.1M Eur for businesses. We had a record breaking 2.77M Eur month!

Carefully selected borrowers

88% of borrowers have paid the instalments on time. Average result for 2021 – 82% for business and 87% for private borrowers respectively.

47% of private borrowers were returning clients.

We check the real estate ownership status

From now on, we check whether the information provided by private individuals about real estate ownership is correct in the Registry Center database.

We check the information only when the borrower indicates that he owns real estate and borrows larger loan amounts.

Finbee real estate owners checkhip

Simas.

Frequently asked questions about loan recovery

For Lender

600 Eur income and credit score A?

For Lender

How do we invest to the loans?

Read other posts

UAB “Finansų bitė” | Company code: 304051511 | Address: Vilniaus st. 4-10, Vilnius, Lithuania | Postal code: LT-01102
UAB “Finansų bitė verslui” | Company code: 304175555 | Address: Vilniaus st. 4-10, Vilnius, Lithuania | Postal code: LT-01102
UAB “Elektroninių pinigų bitė” | Company code: 304473256 | Address: Vilniaus st. 4-10, Vilnius, Lithuania | Postal code: LT-01102

While FinBee takes all possible measures to protect the interests of investors, it is the investors who take the risk in choosing who to lend money to. We recommend starting by lending small loans in order to learn more about peer-to-peer (P2P) lending platform and only then start investing significant amounts of money.

Our activities are supervised by the Bank of Lithuania. Address: Gedimino pr. 6, LT-01103 Vilnius. Phone number 8 800 50 500, fax number (8 5) 268 0038, email: [email protected]
The Bank of Lithuania publishes a list of P2P lending and crowdfunding platform operators.
Procedure for Dispute Resolution of Consumer and Financial Market Participants user by the Bank of Lithuania.

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