Lendermarket Reviews 718

I have been investing with Lendermarket for 3 years now investing up to €9000 at one point. But for the last 2 years every single loan from Creditstar has gone to pending payments and the 30 day buyback guarantee is more like "we pay you back when we feel like it."
I've spend the last 2 years withdrawing money as they come in at a slow trickle, but after 2 years of this there is still some €4700 remaining in the account.
Don't invest with Lendermarket.

The platform's website has a minimalist design, which I really like. All the necessary information is easily accessible, and I did not encounter any problems during registration or investing. The platform is an excellent tool for investing, both for beginners and experienced investors.

Edit 27. august 24.

Upon several requests they deleted my account as requested.
Thanks.

I've changed the rating of this review from 1 to 3 starts.

Original post:
Impossible to delete account
I asked them several times to delete my account.

They keep sendig me a link to a google form, which does not work, because it requieres me to sign in with my mail address and a password.
I don't have an account with google with the mail address that i used to sign up with Lendermarket.

I tell them that the form does not work, but they just keep sending me a link to the same form over and over again.

Invested some time ago. My funds were stuck in pending payments for long time but finally I have been able to pay out the pending payments.

First of all, reliable service. Good communication. Most importantly, my money grows considerably. I don't have any problems navigating the website.

After switching to the new platform, cash flows became free. I could withdraw the money or reinvest it. Hopefully it will continue in the same spirit.

My experience with Lendermarket has been great.
User onboarding and overall investing experience on the platform is excellent. Recommend!

Received a quick response from William which solved my issue. Thank you.

So far, my experience with Lendermarket has been smoother.
User onboarding and overall investing experience on the platform is excellent.

No complains about LM 2.0 so far. Most of the loan payments come on time. No extensions experienced.
Withdrawals carried out without delay.

I have been investing with Lendermarket for about 3 years. They have the highest return among their competitors. Although there was a pending payment issue for sometime, I can see that they did their best to resolve this. They always communicate with me and keep their promises during that process. Now all my pending payments are released.
Plus, the new platform feels very fresh and convenient.

Pleasant and simple UI, plenty of great investment options & good set of functionalities for the investors.
The platform is definitely developing and growing, so give it a try, sign up and start investing!

I've been investing on Lendermarket for 4.5 years now (5 digit sums). Returns have been high, platform works smoothly, many loan originators, but withdrawing the returns has been a very slow process because of pending payments. If they eventually manage to fix that, I might consider continuing to invest, but right now I can't say that the situation is very satisfying.

Edit: I received an email from Lendermarket about the next scheduled release dates for the pending payments. I hope they honor that, and gradually can improve the situation.

Edit 09.09.2024: withdrawals work normally, money arrives at my bank account usually on the same day, but the pending payments have increased a little.

Edit 31.05.2025: Everything is working well on LM2, very little pending payments. I'm adding more money and taking advantage of current cashback campaigns and 18% interest rate.

Great platform and very friendly
Lots of options available 😁

Falta de info y a todas luces no recomendable. No es nada transparente (lo contrario de lo que anuncian)

Easy to use platform, friendly support team

It started well, got great return on my investments and I was able to withdraw too. However, since the middle of 2023, my money began to slowly drain into the "pending payment" category. Now all of it is there, and nothing happens. Some of it has been there for close to a year now.

Update (19.09.2024)
I reached out to them. They shared 4 dates as "scheduled release" dates. Three have passed since, and I got 100 back on two of them, that's 200 altogether. A fraction of what they locked. There's one more date left, I'll keep this post updated.

Update (03.11.2024)
I'd be happy to update this post with good news, but can't. Still haven't received any more money. And while this is happening, they are still running good sounding campaigns tor lure people in. If you're reading this, and haven't invested money with lendermarket yet, good for you. Turn away!

Update (24.08.2025)
I got my money back in the last couple of months with interest so I changed my review to 3 stars. You can read the story above. I personally can't trust them any more, but in the end, with interest it wasn't too bad.

all my investments are late, I can't believe it.

They reacted nicely, and I got quick response

They say that they have something called buyback guarantee but they don't apply it, which means, if you invest money using their platform, you won't see that money ever again.

Update as of 26 july 2024: now they answer and say "we have given you a payment plan, so to state we are not honouring the guarantee is not true", but guess what, they barely attempted to provide a real plan to recover no more than 10% of the funds.
How about the rest?
There's no clear answer to that.
They didn't honored the buyback guarantee.
They didn't pay back.
So, when they answered this review, they were publicly lying.