Lendermarket offering 2pc cashback on Creditstar’s long-term loans
Lendermarket customers are being offered the chance to earn two per cent cashback on Creditstar’s long-term loans.
Creditstar is a loan originator on Lendermarket’s peer-to-peer lending marketplace. It offers consumer loans across eight European countries.
Lendermarket said the cashback offer is valid on Creditstar loans with a maturity of 270 days remaining or longer, and is available from 6 February to 24 February 2023.
Read more: Lendermarket increases Creditstar returns to 18pc
To receive the cashback offer, customers have to deposit at least €500 (£444) by 24 February 2023 and invest those funds until 24 April 2023 (inclusive) in loans with a maturity of 270 days remaining or longer issued exclusively by Creditstar Group. Loan originator Monefit is also a part of Creditstar Group.
No withdrawals (for new and old investments) are allowed during the lending period.
The cashback bonus will be transferred to the investor’s account automatically by 1 May 2023.
Read more: Lendermarket investors earned €5.6m in interest last year
In 2022, Creditstar Group was Lendermarket’s most popular loan originator with 325,000 loans published.