PercentReviews of percent.com

I currently have money invested in 5 “deals”. One deal came due several days ago, am still awaiting payout. Another deal is not due for payout until June 2026. The remaining 3 deals are all with the same company and are in “work-out” which means they’re in default and I’m probably going to lose that money. I’m just glad I started small. They don’t seem they do a good job of vetting the companies they invest in. I’m just waiting to cash out whatever I have left. They won’t ever get any another dollar of my money.

Zero stars not an option. Interesting platform. I like the control. They are growing. To meet demand of investors that want high percentage returns, they have completely lost sight of how risky their underwriting has become. The amount of deals that are not paying inside my portfolio is significantly more than their advertised work-out percentage. I expect an overall flat return within the next year as I pull the remaining funds out as they get paid back. If I am lucky, the only thing I will have lost by the end is two years of opportunity cost. This isn't a scam, but investors beware.

I invest with a competitor, where I have purchased loans from CrediFace Peru. I haven't received any principal or interest payments for almost two years, and CrediFace is not responding. I'm just waiting for the same situation to arise with Percent.

Lost 1/2 my money in "workout" status. There is no true vetting

Do not invest with them. I have invested close to $150k and not reinvesting any of my deals when they get mature. 2 deals are in workout status, resulting in a loss of $21k! They are pretty diligent when it comes to payment distributions, but recent defaults signal they are not doing their due diligence and just adding any foreign borrowers, who are easy to default Exm of defaulted borrower : LVL Technology Holding

They don't really vet the businesses asking for loans all that well so half of the investments ended up in "work out", which basically means the companies are in a bankruptcy process and you basically can forget about your money. I would not recommend this -- there are other ways to get high returns without losing half of your money.

Percent.com offers accredited investors a way to invest in private credit. You can pick to invest in specific deals or you can put your funds in a Percent blended note for a 1% AUM fee in addition to the 10% interest income Percent takes right before you get paid interest. Assuming you use an individual account to invest, you pay tax on gross interest income, and your capital losses won't easily offset your Percent interest income. Private credit is an alternative asset that is significantly riskier than US treasuries, CDs, or MMFs. Percent investors can lose money, and instead should have just bought US treasuries or maybe municipal bonds (or municipal bond ETFs that fit their criteria) if their marginal tax rate is 24+%. Do you own research though. If an investor wants to invest in Percent deals, pick deals with companies on the platform with a long enough track record and that are profitable. Only invest in asset-based deals as your chance of getting all your money back plus your expected interest income is higher. With total fraud or some other scenarios you can still lose all the money you invested. Investors can lose money, so don't invest funds you can't afford to lose.

Invested in a number of different deals with them over the course of a couple of years. They are all higher risk deals, so I expected some to default, but not HALF of them. Also, Percent offers little to no information about deals that default other than telling you it defaulted and then never communicating with you again. If you contact them, they will point to "critical updates" on their website that they don't send you directly nor make it easy for you to access. They'll happily send you multiple emails per day to try to get your money (including trying to harass you to rollover your money), but they give you NO insight into problems with your investments. It's going to be a pass from me from now on.