Lendermarket Payouts Stalling: Creditstar Engine Stutters Again

News 1: Lendermarket payouts are stalling

In the last few weeks I have received an increasing number of e-mails that indicate problems with payouts on Lendermarket*. I quickly confronted the management and my initial fears that it was another problem with Creditstar were confirmed. There simply isn’t enough cash to pay investors out on time, leading to panic and more withdrawal attempts… a vicious cycle.

The good news: In principle, the payouts are going well, it just takes longer. I am therefore currently assuming that this will normalize again in the coming weeks and months, provided that Creditstar has further corporate financing under control. Of course, anxious investors who are now withdrawing out of concern are making the situation even worse, although I can understand that.

But not only Lendermarket investors are left behind, also on Mintos further repayments are piling up. The Creditstar engine is stuttering again!

I myself have not touched my investment and am even thinking about taking advantage of the current cashback campaign again. It’s a clear risk investment, I’m fully aware of that. At the moment, however, I’m still assuming that Creditstar will manage it in the end, as it has so often done.

If you want to know more about Lendermarket, you can read the basic things in my Lendermarket experiences. The platform offers a general sign-up bonus of 1.0%* on your investments for the first 60 days.