Alternate Investments – Robocash Announces a Maximum 12% Interest Rate Going Forward

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RoboCash has announced that all new loans added to the platform will provide an annual return not exceeding 12%. RoboCash has stated that the decrease in return is caused by expansion into new markets. If you use this platform, you should update your portfolio settings. Compare other P2P platforms here. More here.

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2 Comments

  1. I don’t have an account in Robo cash, do they routinely have loans over 12%? This update doesn’t sound like a very good news in general.

  2. Hi Hank,
    They used to have loans above 12%, however in my short time investing through them, they seem to be few and far between. It doesn’t seem like they will be offering over 12% anytime soon.

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