![\"Hangzhou](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/12\/201911_Hangzhou_Competition.jpg?w=960&ssl=1)
<\/a>Uncomfortable Surprises <\/h2>\n\n\n\n
Kuetzal<\/strong><\/a> is in trouble due to management changes and multiple reports sharing concerns about the platform internal procedures and questioning the information presented by several borrowers that received loans through the platform.<\/p>\n\n\n\n FastInvest<\/a><\/strong> is under pressure to increase transparency & explain some prevalent rumors that are questioning the platform business.<\/p>\n\n\n\n Mintos<\/a><\/strong> is facing backlash for successive problems with it’s Loan Originators. <\/p>\n\n\n\n The UK just implemented new Peer to Peer lending rules<\/a><\/strong> for the market in order to improve regulation over the industry and increase protections of individual investors, after multiple stories of P2P platforms failing to pay lenders back and going out of business.<\/p>\n\n\n\n Going forward, individual investors on will be classified within various categories including:<\/p>\n\n\n\n Other new rules that impact the platforms include:<\/p>\n\n\n\n What are your thoughts on this approach? Which investor categories do you find yourself? Are you compliant? Let me know!<\/em><\/p>\n\n\n\n On the other end, China is ordering the total closure of the industry.<\/p>\n\n\n\n If you didn’t read my description of the rise and fall of the P2P Industry in China, check the story on the image above. In fact, at the end of November China announced that P2P lenders will have two years to exit the industry. Check the Reuters report here<\/strong><\/a>. This news is a direct answer from the Chinese central government to avoid new scandals and small savers demands for compensation for the loss of their money in the industry.<\/p>\n\n\n\n Taking into consideration the Chinese example and taking into analysis my own personal finances reality, I’m currently working on my P2P investment plans for 2020<\/strong>. Some ideas are already in place, others still need additional time to be implemented. As ever, only reality will define the course of the future, but I genuinely believe that if you guide yourself and your actions based on a strong set of P2P lending investment principles<\/a><\/strong>, you will be ready to answer any challenges and face any losses on your way.<\/p>\n\n\n\n In any case, I intend to share with you my plans in the December update.<\/p>\n\n\n\n But, without any further due, let\u2019s check the Savings4Freedom<\/a> returns!<\/p>\n\n\n\n\n\n\n\n You can see real screenshots of my accounts and my summary review of the platforms by checking my P2P platforms portfolio<\/strong><\/a> page.<\/p>\n\n\n\n Over last month, I continue the process to withdraw funds from Mintos<\/a><\/strong> and Viventor<\/a><\/strong>. I’m still reflecting if I should keep a token position on both. I added new funds to my top choices: Monethera<\/a><\/strong>, Envestio<\/a><\/strong>, Kuetzal<\/a><\/strong> (warning message on the report below<\/strong>), Wisefund<\/a><\/strong>, Crowdestor<\/a><\/strong> and TFG Crowd<\/a><\/strong>. I was able to add a small amount to my iban Wallet<\/a><\/strong> account so I can invest in a wonderful opportunity that could show up in the near future. As shared on my last update, Grupeer<\/a><\/strong> and FastInvest<\/a><\/strong> are now on what I describe as “maintenance mode” with small increments. <\/p>\n\n\n\n If during October I was able to successfully closed my P2P positions on Bulkestate<\/a><\/strong>, Lenndy<\/a><\/strong>, PeerBerry<\/a><\/strong>, Ekassa<\/a><\/strong>, and Debitum Network<\/a><\/strong> (you can read the reasons at the end of this update), in November I was finally able to exit DoFinance<\/a><\/strong>, NeoFinance<\/a><\/strong>, and EvoEstate<\/a><\/strong>.<\/p>\n\n\n\nRegulatory Oversight Increases in the UK<\/h2>\n\n\n\n
![\"UK](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/12\/201911_regulation-UK-FCA-P2P-lenders.jpg?w=1000&ssl=1)
![\"China](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/11\/201911_Hangzhou_Visit.jpg?w=1910&ssl=1)
Defining plans for 2020 <\/h2>\n\n\n\n
![\"\"](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2020\/01\/invest.png?w=1920&ssl=1)
\n\n\n\nS4F Portfolio Update November 2019<\/a><\/h2>\n\n\n\n
![\"Savings4Freedom](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/12\/201911_Investments_Portfolio.png?resize=1024%2C633&ssl=1)
![\"EvoEstate](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/09\/EvoEstate-Logo.jpg?w=795&ssl=1){kind=logo}
<\/figure>![\"NeoFinance](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/NeoFinance-logo.png?w=636&ssl=1){kind=logo}
<\/a><\/figure>![\"DoFinance](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/07\/Do-Finance_Logo.png?w=748&ssl=1){kind=logo}
<\/a><\/figure>![\"LenderMarket](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/12\/Lendermarket-logo.png?w=410&ssl=1){kind=logo}
<\/a>![\"BOLDYIELD](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/12\/Boldyield_Logo.png?w=425&ssl=1){kind=logo}
Boldyield<\/strong><\/a><\/td>![\"Monethera](\"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/08\/Monethera.png.jpg?w=400&ssl=1)
Monethera<\/strong><\/a><\/td>