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Twino

  • 11-09-2016 12:08pm
    #1
    Closed Accounts Posts: 1,007 ✭✭✭


    I`m using Mintos at the mo but am also interested in using Twino, they look to have a better interest rate (13% with buyback) as apposed to 12.5% on mintos.
    Anyone using them?


Comments

  • Closed Accounts Posts: 2,678 ✭✭✭lawlolawl


    Grecco wrote: »
    I`m using Mintos at the mo but am also interested in using Twino, they look to have a better interest rate (13% with buyback) as apposed to 12.5% on mintos.
    Anyone using them?

    I'm using both at the moment.

    The actual interest rate depends on what loans you pick but overall Twino returns do seem to be about 1% higher for me so far. They recently introduced higher return loans with no buyback but that's obviously a bit risky so i stayed away.

    I prefer the Mintos UI because the search lets you have more filters but the Twino one is fine anyway. Adding money to the account was equally painless on both platforms, don't know about withdrawals.

    I've got money in both for diversification purposes and i'd recommend either/both tbh.


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭Prezatch


    Is there an auto invest tool on Twino?


  • Closed Accounts Posts: 2,678 ✭✭✭lawlolawl


    JoeyD wrote: »
    Is there an auto invest tool on Twino?

    Yup.


  • Registered Users, Registered Users 2 Posts: 3,486 ✭✭✭manafana


    had issues setting up the deposit for Twino anyone else?


  • Registered Users, Registered Users 2 Posts: 21 PanAC


    I've deposited three times now. No problems. Follow the instructions received when I registered for the first one. No account number used for the second two, it seemed to remember me from the initial transfer. Just added the instruction with the transfer to "Add to "Name" account. Worked as fast as Bondora and Mintos deposits.


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  • Closed Accounts Posts: 2,379 ✭✭✭newacc2015


    I dont like fact on Twino, that the loans can be constantly extended. I prefer mintos where a personal loan is for 30 days and then if they extended it you get your money within 60 days. Where as I have loans on Twino that have been extended 6 times and will likely be delayed.


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