Growth Street
Investor
"Good Service and no problems so far"
Good Service and no problems so far
Sue
"Excellent, good rates on 30 day loans"
I've been investing with Growth Street for a few years now and I have nothing but praise for this plataform. It's trustworthy, has very low defaults and pays very good interest on 30 day loans. They take some beating. Excellent.
Joe
"Growth Street is a simple and hands-off…"
Growth Street is a simple and hands-off platform compared to some of the others.
So far performed as expected.
SP
"Easy to use."
Easy to use.
Wish the ISA was available a bit earlier.
Kevin Butler
"An interesting variation on many P2P platforms"
An interesting variation on many P2P models, with loans restricted to a maximum of 30 days. This is largely a 'hands-off' investment - put funds into your account and loans are set up for you. Been using Growth Street for a few months now and the returns are as expected, happy so far. Funds I have put in have been invested into loans very quickly. Growth Street offer an IFISA subject of course to current ISA regulations. The website is easy to use and offers the option of regular monthly withdrawals of just interest, or both interest and capital.
As with all P2P lenders, any funds invested are not covered by FSCS (Financial Services Compensation Scheme) protection which needs to be borne in mind when deciding whether/how much to invest.
RI
"So far"
So far, so good. I opened the account a couple of months ago. Everything seems, for now, very smooth, transparent and simple.
Stuart
"I would like to think that it is my…"
I would like to think that it is my anger at being rejected that is driving my view but unfortunately it isn't. It is the explanation: a company that Growth Street work with has elevated us and given Growth Street a score which meant we didn't meet the criteria. Who this company is, they will not let us know; and yet this company claims to have the ability to evaluate our business within our industry and score us. What information they used they will not let us know. What exactly the score said they will not let us know. If you need money, do not bother with Growth Street. My favourite lie, sorry line is: We love helping businesses grow. Growing businesses can be misunderstood by traditional finance providers. We’re trying to change that - yeah, sure
L B
"Simple to use"
Simple to use, decent interest rate, no problems so far, very happy to invest,
Ken.
"Whilst not a particularly high rate of…"
Whilst not a particularly high rate of return, the loans are, in practice, only for 1 month. My opinion is that GS are quite good for diversification.
boardgamer
"After a few months"
After a few months, all is running well. Questions answered promptly by real people!
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