Recovery Does Not Stop in Summer

2022 07 12

Hello,

In June we actively worked to recover loans and I would like to share the results.

Our recovery results

Busy bees

We make sure your money is safe. During the first half of this year we sent 156.023 e-mails and 44.796 text messages to borrowers.

Sucessful recovery from private borrowers

In June we recovered 50.677 Eur from private borrowers (2.04% of all non-performing loans).

Historically, the recovery of personal loans takes 5-6 years.

Stable collection of business loans

In June we collected 16.104 Eur (3.16% of all non-performing loans) from business loans.

We have already collected 83% of the loans that defaulted in 2020!

Lets’s chat!

I would be happy to discuss any observations or questions you may have, you can book a time to talk to me here.

Simas

600 Eur income and credit score A?

For Lender

How do we invest to the loans?

For Lender

German investor: from a bank deposit to 100.000 Eur per P2P platform

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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