easymoney.com Reviews

The website easymoney.com appears to be a peer-to-peer lending platform that claims to offer high returns with low risk, particularly focusing on property-backed loans. However, several aspects of the website and its claims raise red flags:

1. **Unrealistic Returns:** The website claims that no investor has ever made a loss and offers target rates of 5.53% to 10% per annum. Such high returns are unusual in the lending industry, especially with the guarantee of no losses.

2. **High-Risk Nature of Investments:** The disclaimer on the website clearly states that this is a high-risk investment and that investors should not expect easy access to their money. This contradicts the earlier claim of no investor losses.

3. **Regulatory Warnings:** The website mentions that it is authorized and regulated by the Financial Conduct Authority (FCA) in the UK. However, it's important to verify this information directly with the FCA, as some fraudulent platforms have falsely claimed regulatory approval.

4. **Lack of Detailed Information:** While the website provides some information about the types of loans and their locations, it lacks specific details about the borrowers, their creditworthiness, and the overall risk assessment process.

5. **Overemphasis on Positive Testimonials:** The website prominently features positive testimonials from investors, which can be a common tactic used by fraudulent platforms to create a false sense of security.

6. **Complex Investment Tiers:** The website offers different investment tiers with increasing target rates, which can be a strategy to attract more funds without providing adequate risk assessment.

7. **Limited Information on Risk Management:** There is a lack of detailed information on how the platform manages and mitigates risks, especially in the context of the high returns it promises.

8. **Vague Information on Loan Security:** While the website mentions that investments are backed by UK property, it doesn't provide sufficient details on the nature of this security and how it protects investors.

9. **No Mention of Economic Downturns:** The website does not address how it handles economic downturns or property market fluctuations, which are crucial factors in property-backed investments.

10. **Lack of Transparency:** Overall, there is a lack of transparency in the information provided, especially regarding the actual risk assessment, default rates, and the platform's financial health.

Given these red flags, it's advisable to approach easymoney.com with caution and conduct thorough due diligence, including independent verification of its regulatory status and detailed discussions with the platform's representatives before considering any investment."

the reasons behind this review :
Unrealistic Returns, High-Risk Nature of Investments, Regulatory Warnings, Lack of Detailed Information, Overemphasis on Positive Testimonials, Complex Investment Tiers, Limited Information on Risk Management, Vague Information on Loan Security, No Mention of Economic Downturns, Lack of Transparency