16 Best Mintos Loan Originators — Best Strategy (2019)

Aug 19 · 7 min read

Mintos is the biggest P2P platform in Europe. They have over 170.000 active investors from 70 different countries. Furthermore, Mintos consistently has 400.000+ loans available for investment within 30 countries. 95% of all loans on Mintos comes with a buyback guarantee.

All of this is due to the hard work done at Mintos. They have developed their own “Mintos Rating”. This rating method is to rank the 65 different lending companies who are issuing loans on Mintos’ P2P lending platform. Mintos’ loan originators offers a lot of customization. You can get anywhere from 6% to 19% in interest per year. Furthermore, you can diversify across currencies, countries, loan types and between Mintos’ rating scores. Lastly, there are a buyback guarantee on a lot of the loans to secure your investments.

What I Look At Before Investing With A Loan Originator on Mintos

For me investing is all about profit maximization. However, i will not compromise with the safety of my funds. Therefore, there are some specific details i look at when determining which loan originators should be in my portfolio.

First of all i look into Mintos’ own rating of the loan originators. While i could go do a due diligence process for each of the loan originators, i feel like there is no need to invent the wheel. Furthermore, i look at the statistics from the different loan types and the loan originators associated with each of the loan types.

Then, I value a buyback guarantee more than almost any of the other criterion, so of course that has to be a parameter for my portfolio as well. What i love just a bit more than buyback guarantees is accruing interest on delayed loans.

In the following sections I will describe how I use each of the criteria to select a high yielding portfolio, while having a relative high safety from defaults ( Never experienced a default, with a year of investing on Mintos).

Mintos Rating of Loan Originators

Mintos has made their own “Mintos rating”. The ratings go from A+ and all the way down to D.

The rating is used to describe the state of the loan originator. It is a calculation of 5 factors: operating environment (10%), company profile (15%), management and strategy (15%), risk appetite (20%) and financial profile (40%).

Their version of a rating system is much like i would conduct the due diligence myself anyway. Therefore, by following the four main categories (low risk, moderate risk, elevated risk and default) i can “measure” the risk i am willing to take.

I am only willing to be in the moderate risk.

Try and imagine you were to invest in stocks. The moderate category describes the maximum risk i am willing to take in a company. I would never invest in a company with financial distress, or not capable of recovering the losses. The overall performance for the moderate loan originators is stable, but with some variations.

Mintos Statistic for Loan Originators

While Mintos has already included this in their rating, I always take a look at the statistics from time to time. Mintos do update their ratings from time to time. However, i want to be on top of my investments. Therefore, i go to Mintos Statistics and scroll to “loan performance details”. In here you can expand the whole list to get a view of each loan originator in each type of loan.

Let me show you want i mean:

The numbers are shown in euro amounts unless you tick of the “percent” in the right corner of the table. This gives a more manageable outlook.

By clicking on the “+” or “ — “ you get the statistics divided to each loan originator. This lets me know to what percentage of the loans are repaid by each loan originator under the different loan types.

Mintos Buyback Guarantee

For me Mintos loan originators has to include a buyback guarantee. If the loan originator does not include buyback guarantees i will not invest with them. The reason why is due to the message the loan originators are sending when they do not have buyback guarantee. They are basically saying “ We do not trust our borrowers to pay back the loans, therefore we will not risk our funds to buyback defaulted loans”. That is at least how i feel.

If the loan originators does not have buyback guarantee, i feel like they do not do a good job of finding the right borrowers. Maybe they just lend money to anyone and therefore do not include buyback guarantees because they know people will not repay the loans.

Therefore, i always have buyback guarantee. Oh, and also because i would like to get my money back if a loan is more than 60 days past due date.

Accruing Interest on Delayed Loans

The most important part of investing on Mintos for me is to have accruing interest on delayed loans. If you have ever invested on Mintos, you know that about 10%-20% will always be late. At writing this post, i have 17% late loans. However, I have never had a default.

When going to the Mintos loan originator details you get an overview of the extra “hidden” details. However, this is where the juice is at. The ONLY thing I look at here is “ Interest income on delayed payments”. You should keep in mind that the grace period does not count as delayed. Therefore, you are not accruing interest when the loan are in grace periods.

Selecting loan originators which pays interest on delayed loans will make you earn significantly more. Consider that i currently have 17% of my portfolio only earning the initial interest, while the loans can extend for up to 60 days before being bought back. Now i earn interest on the loans until they are repaid, no matter how long it takes the borrowers to repay the loan.

All Mintos Loan Originators Who i Invest With

With the focus points I have just described i am investing with 41 loan originators. All of these loan originators have a rating of B- or above, pays interest on delayed loans, includes buyback guarantee and do not have some abnormal default/bad debt ratios.

aasa, Akulaku, Alexcredit, AlfaKredyt, Banknote, BB Finance Group, bino.lv, Capital Service S.A.B, Cash Wagon, Cream Finance, Credissimo, Credit Start, Credius, Dineo, Dineria.mx, Dozarplati, Dziesiatka, EcoFinance, ExpressCredit, IFN Extra Finance, ID Finance, itf, iutecredit, KreditPitar, Kuki.pl, Kviku, LFTECH, Lime, Metrokredit, MikroKaptital, Mozipo Group, Cash 4 U now, Peachy, Placet Group, Rapicredit, Rapido, Sebo, Simbo, Tengo.kz, Varks and VIZIA.

While this is all the loan originators available for investment in my portfolio many of them are not present in my actual investments.

Mintos Strategy With Interest Rate Adjustment

Each loan originator has their own spectrum of interest rates. Some provide around 8% on average and some provide 15% on average. However, it is best if the bad loan originators can be filtered out to only have high interest rates on the more stable loan originators.

However, to filter the poorer loan originators from the better the Mintos rating and buyback guarantee has to filter for me.

From the table above only the loan originators with above B- rating, buyback guarantee and accruing interest is included.

However, i prefer an above 12% interest rate. With the criteria I have set throughout this post I feel comfortable investing in the loans available. These criteria are specified in my auto-invest.

However, the loan originators who are actually in my portfolio with the interest rate adjustment is the following:

Banknote, Creditstar, ITF Group, Mozipo Group, Capital Service, ID Finance, IuteCredit, VIZIA, Sebo, Varks, ExpressCredit, Kuki.pl, Dozarplati, Credius, Tengo and Peachy.

Remember that the list above has 41 loan originators available. However, with the interest adjustment only 16 loan originators has made it to my actual portfolio.

This is the simple process i have used to cut down the amount of loan originators to being only the high yielding which are with ratings of B- or above and have a buyback guarantee. I am currently earning an actual 12,09% return, with a weighted average interest rate of 13,02%.

If you want to read a thorough walk-through of the Mintos P2P lending platform, you can also read my full review of Mintos.

If you are ready to invest on Mintos I can give you a 1% extra interest the first 90 days when you sign up through this link to Mintos.


While Mintos loan originators offers a lot of different investment opportunities you have to make a strategic choice on how safe you want your portfolio to be. I have given my investment strategy here and you are welcome to replicate the strategy to your own benefits. If you disagree with my strategy, please leave a comment below of what you have changed, or what you think of changing.

I hope you gained some insight on how to interpret Mintos’ loan originators. If you have any questions regarding my strategy, feel free to make a comment and i shall reply as quick as possible.

Explorer P2P has made their own rating for each loan originator on Mintos. You can check their rating if you want a second opinion on Mintos’ own rating system.

Originally published at https://thepoorinvestor.eu.


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Financial freedom investor #Financialfree #P2plending #stocks #Crypto #cryptocurrency

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