Growth Street

Financial Operations and Advisory
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223 reviews
Overall Rating
Customer Reviews about

Growth Street

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Faisal Mirza

3.00/5.00

"Security of funds is a major concern…"

Security of funds is a major concern for me and the only thing stopping me adding more funds.
Provision fund is around 3.5% prefer 5% or above.
Otherwise everything seems to be going fine so far. Software is straightfoward and simple.
Transfers usually také around a couple of hours on a weekday and the lending queue is about an hour. Does what it says on the tin!

04/03/2019

Michael

5.00/5.00

"Excellent way of earning interest!"

Excellent way of earning interest!
Quick and simple account set up.
Fast to withdraw funds if needed.
Highly recommended and have used the platform for about two years!

22/02/2019

Philip

5.00/5.00

"Easy to use website and confidence in company."

Easy to use website with clear navigation. Good interest rate and confidence in the company and their due diligence. Will continue to invest for a good return.

28/01/2019

[Please enter your name or initials]

5.00/5.00

"So easy to use"

So far, Growth Street has delivered exactly as promised with no hassle at all. It really is invest and forget.

27/01/2019

the Great Bazza

5.00/5.00

"Greg Carter should be made Prime…"

Greg Carter should be made Prime Minister. Growth Street has very low default rates, transparent figures and it's staff are good communicators.

26/01/2019

aritame

4.00/5.00

"Easy to use"

Easy to use. As an investment, it is not impressive - 5.3% and no control over where money is lent. For peer-to-peer lending, with the associated risks, more control and higher returns could be expected, but that is the Growth Street model, so you know what you are buying into.

26/01/2019

PB

5.00/5.00

"So far, very good"

I’ve been using Growth Street for 3 months now. So far everything has gone like clockwork and I’ve been very impressed. There has been no delay whatsoever in getting money lent out. Whilst I wanted both to make an initial investment with Growth Street and two subsequent top-ups since, cash back incentives applicable in all 3 instances have been most welcome. It’s great that the loans are only for a month so that in normal circumstances you can readily gain access to you money. Now, if only they’d offer an ISA - come on guys!

21/01/2019

Cal Thomas

4.00/5.00

"A favourite platform for P2P Lending"

One of my favourite peer to peer lending platforms. Easy to use (no real choices to make - you invest at the market rate [5%ish] and that's it). I like it because:
-it has a provision fund to minimize loses (so you are effectively diversified against the whole portfolio)
-the loan terms are fixed at 30 days, so you can easily withdraw as needed
-You don't need to invest a large sum to get going
- I've had good contact with partners throughout, including answering specific questions to do with the process.

It used to be a rather slow to be matched with loans (hence the 4* rating rather than 5*), but this has been much improved over the last year or so.

16/12/2018

Andy Orak

4.00/5.00

"Very good investor customer service and…"

Very good investor customer service and an impeccable record on safe loans and full repayment to investors.
My only problems are that as there have been quite long periods over the last year I used Growth St when my money was not earning interest - and after eventually coughing up tax on the interest I think I have lost money in real terms due to inflation - I have sadly decided to withdraw funds and invest in secured bridging loans which earn about double or more interest but much longer length investments.
This will help other current GrowthSt investors as the amount I am withdrawing will reduce the current lending queue by about 40% and therefore they will start earning more quickly.
When they paid 6.5% it was much more viable for me.
Growth Street is much better for investors who need the 30 day access to their capital, I don't need this right now.
Its been good but I have to vote with my wallet, Thanks Growth Street!

17/10/2018

Daniel Bird

5.00/5.00

"Great experience as an investor!"

I have had a great experience using this site as an investor. It is simple to use, transfers in and out have been smooth, rates on offer are competitive and I have been impressed with the level of communication and customer service. I would not hesitate to recommend Growth Street and will be increasing my own allocation to this site over the coming months.

16/10/2018
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