Lendermarket Review – A Personal Experience
Recent news:
In December 2024 Lendermarket secured authorisation from the Central Bank of Ireland to operate as a Crowdfunding Service Provider under EU Regulation. Therefore, I again recommend investing in Lendermarket.
Since March 2025 complains in trustpilot about late loans has almost stopped.
After 10 months of delay all my loans were paid back including penalty interest in September 2024. I withdrew most of my funds and invested in a few more loans, just to see what happend. They were paid back on time and I have now invested €350 in short term loans and I havn’t experienced any serious delays since.
Lendermarket was founded in 2016 by the Creditstar Group and is providing consumer and real estate loans. I have invested since may 2023. From November 2023 to September all my loans were delayed. Now they are all paid back and my new 30 days investments has been paid back in time.
Table of contents
Security
- License: Yes. Crowdfunding licence from the Central Bank of Ireland.
- Founded: 2016
- Trustpilot score: 3.2 (July 2025 )
- Buyback guarantee: Yes
- Diversity: Limited: 9 loan originators (Of which 6 belongs to the creditstar group, which has a group guarantee meaning that the group backs up the buyback guarantee). In practice this means 1 major loan originator + 3 minor loan originators. At least 9 different countries.
- Late loans: Since September 2024 all my 30 days loans has been paid back in time.
- Defaulted loans: I haven’t experienced any yet
- Withdrawal: I have experienced fast withdrawal.
- Deposit: fast
Loans
- Interest: 9-18%
- Loan types: Consumer and real estate. Long-term loans may be real estate, but this information is lacking
- Loan term: 1 month to 3 years
- Available loans: Plenty
- Minimum invest: 10€
- Secondary market: No
- Autoinvest: Yes
Recomended autoinvest settings
- Currency: Only EUR
- Investment per loan: 10 – 20 EUR
- Portfolio target: Set it a little higher than your account value (the value increases when you earn interest 🙂
- Reinvest: Yes
- Invest in overdue loans: No
- Include loans already invested in: No
- Interest rates: 9-18%
- Remaining term (months): 0-1 (2)
- Loan originators: all except Rapicredit
- Buyback Guarantee: Yes
Tax
- Home country: Ireland
- Tax will not be deducted; it’s your responsibility to declare your earnings to your home country’s tax authority
My advise
The high-interest rates are tempting, but I would keep an eye on late loans and limit my investment amount for a while, only investing in short-term loans. The loan originator Creditstar, which provides most loans, seems to have a liquidity problem. Additionally, the Creditstar Group was the founder of Lendermarket.
Verdict
Pros
- License
- High Interest
- Instant autoinvest
Cons
- A history of late or pending loans (now resolved)
- Few loan originators
- No secondary market
Bonus offered by Lendermarket
- We both get 1% cashback of the amount you invest the first 30 days.
- Get your bonus here
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