easyMoney Reviews 322

TrustScore 5 out of 5

4.9

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Rated 5 out of 5 stars

This is my 2nd positive review as I'm relieved and happy this is a genuine platform. I've been scammed before so super cautious. I've invested a little more since last year and now get 6.53% interes... See more

Company replied

Rated 5 out of 5 stars

Over 2 years investing with EasyMoney & they have been true to their name.... Monthly paid interest compounding. Withdrawn substantial amounts and the withdrawal process took less than 12 hours fr... See more

Rated 5 out of 5 stars

I used to own 10 HMO'S I've now sold 8 of them and put all the funds into Easymoney, as a professional lender I'm currently getting 9.5% return, I'm getting around the same return that I did with the... See more

Company replied

Rated 5 out of 5 stars

Wow I’ve never been more happy with something it feels like nowadays everything is a scam!! But this was not and I don’t even have the words other than YES DO IT!!

Company details

  1. Property Investment
  2. Investment company
  3. Investment service

Written by the company

easyMoney, an investment platform supported by a highly recognised brand in Europe. Experience the opportunity to invest in loans that are backed by UK property, offering an impressive target rate ranging from 5.28% to 9.5%. With easyMoney you can enjoy the convenience of receiving monthly interest payments while retaining the flexibility to request to withdraw at any time. * Don’t invest unless you’re prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong.


Contact info

4.9

Excellent

TrustScore 5 out of 5

322 reviews

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No history of asking for reviews

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Rated 5 out of 5 stars

One of the best p2p platforms for investors

I've used various p2p lending platfoms, and have now been with easyMoney for a year. The platform is easy to use, and the target returns have been achieved without fail. So far, so good!

21 April 2022
Unprompted review
easyMoney logo

Reply from easyMoney

Hi,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our service.

Kind regards,
easyMoney

Rated 3 out of 5 stars

Loan parts in IFISA rather large

About IFISA
Administration was straightforward, but not much diversification of funds.
Having used Funding Circle, I was expecting each loan part to be about £100, rather than the £5,000 to £10,000 that my money got allocated to single loans.
Let's hope they don't default ...

19 April 2022
easyMoney logo

Reply from easyMoney

Dear Iain,

Thank you for taking the time to review our service and we are happy to hear you found investing to be straightforward.

As part of our diversification process you may initially be allocated a small number of loans in order to get your money earning interest however we will then start diversifying your investment further over time.

This process happens automatically as new loans are added to the platform or when we find opportunities to swap some of your holdings with other investors where you both benefit from further diversification, so you should see those loan parts being split over the coming weeks.

Please feel free to reach out directly if you would like us to explain this process in more detail.

Kind regards,
The easyMoney team

Rated 5 out of 5 stars

So far so good

So far so good, really good service, reasonably good interest, and cashback offers.
Slight downside may be you are not certain you will get 100% of you savings back.

19 April 2022
easyMoney logo

Reply from easyMoney

Hi Margaret,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our service and rates!

Kind regards,
easyMoney

Rated 4 out of 5 stars

Good P2P site with great returns

Good P2P site with great returns, would give it five stars but dose take a while for funds to be allocated to a loan. Otherwise absolutely no complaints and would recommend.

18 April 2022
easyMoney logo

Reply from easyMoney

Hi Kenneth,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

Joined recently

Joined recently, so far so good, interest paid promptly and good communication.

18 April 2022
easyMoney logo

Reply from easyMoney

Hi Malcolm,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

Up to now all good.

Up to now, a few months, it all looks good with a 5% interest rate as £20,000 was invested in an ISA. Account opening was easy, money transfer really good with the system they use.
Web site is simple to follow with just enough info visible and more if you want to dig deeper. Monthly return is shown and can be withdrawn if required.
The only slight issue was the time the money waited for investment, when I enquired by phone was informed one week in reality it took about 3 weeks to fully invest to monies.

18 April 2022
easyMoney logo

Reply from easyMoney

Hi Charles,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 2 out of 5 stars

The website is not that easy to follow…

The website is not that easy to follow or understand & after making 2 phone calls I finally got a call back to say it would take more time than I had anticipated to invest my money.

18 April 2022
easyMoney logo

Reply from easyMoney

Dear Jon,

We are sorry to hear you are finding things a bit difficult to understand and weren't able to get an immediate response.

Initially it can take a short while to get all your funds invested whilst we allocate it to loans. As a peer to peer lender we have to match your funds to borrowers, which is not always instant as we need to carefully prepare new loans to invest in. Once you are invested initially we can then diversify you further across more loans over time as they become available.

We understand most of your funds are now invested so hopefully this is now resolved.

We pride ourselves on our customer services so will investigate why you did not get a response in a satisfactory time period.

Kind regards,
The easyMoney Team

Rated 5 out of 5 stars

Interest paid each month on time

Interest paid each month on time. Happy.

17 April 2022
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Reply from easyMoney

Hi Stephen,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars

So far so good

So far so good. Initial set up of account had a slight delay with verification, but fine since then.
2 months use.

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Carl,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars

A calculated risk

I feel my money is at risk with Easy money, but the interest rate is 6 times more than I am getting in more secure accounts, so it is a calculated risk worth taking.

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Peter,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

used it for 3 months now

used it for 3 months now, so far so good

17 April 2022
easyMoney logo

Reply from easyMoney

Hi,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars
easyMoney logo

Reply from easyMoney

Hi Peter,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars

Easy to deal with and good returns

Easy to deal with and good returns. Only invest what you can afford though!

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Glyn,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

So far so good...

I have not been with EasyMoney for long so not really had time to assess it.
However, signing on, getting money in was easy. Interest appearing in my account already. Regular updates received.

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Alexander,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars

Excellent service

Excellent service. Quick and informative responses. Would highly recommend

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Brian,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 3 out of 5 stars

Good to use

All okay and great rates compared to the high street but not compared to many P2P lenders.

17 April 2022
easyMoney logo

Reply from easyMoney

Hi Gary,

Thank you for your feedback.

We are constantly reviewing our rates and try to set them based on both the risk and also our ability to find borrowers which meet our lending criteria. Whilst some platforms may be offering higher rates it is important to assess the risk and quality of loans in addition to the headline rate.

At the time of writing no loan on our platform has ever made a loss, and this is a record we are striving to maintain. Please note that past performance is not a reliable indicator of future results.

We will continue to evaluate our rates as the market changes.

Thank you for being a valuable investor.

The easyMoney Team

Rated 5 out of 5 stars

Easy to operate p2p account

Easy to operate p2p account. Regular monthly interest payments. Little detail is given of individual loans so trust must be placed in the company’s vetting process – and zero actual defaults to date is a big plus.
I requested a 5 figure sum in mid-July 23 and I'm pleased to say that the cash was available within 24h - that's a star performance.
Response to queries is quick.
Diversification is ok but not great. My original investment was split into 30/20/20/20% chunks. I would have preferred smaller loans. Each monthly dividend is placed in a new loan, improving diversification with time.

16 April 2022
easyMoney logo

Reply from easyMoney

Hi,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 5 out of 5 stars

Simple fuss free investing with a great return

Simple fuss
And stress free investing with an excellent return and easy to follow communication

16 April 2022
easyMoney logo

Reply from easyMoney

Hi Richard,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

Straightforward information

Simple and straightforward, with clear regular information about investments.

15 April 2022
easyMoney logo

Reply from easyMoney

Hi Gillian,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

Rated 4 out of 5 stars

Generally good

Generally good. My one irritation is the time it takes EasyMoney to process ISA transfers in. The turnaround time on the EasyMoney side used to be a couple of days maximum. Lately it’s been well over a week to submit the application to the other ISA provider.

15 April 2022
easyMoney logo

Reply from easyMoney

Hi David,

Thank you for taking the time to leave your review, it is great to hear you are pleased with our platform and app.

We appreciate your support.

Kind regards from the entire easyMoney Team

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