Bondora Blog

Follow the Bondora Blog for personal finance tips, Bondora news, investment insight, and more!

9 (Surprising) Ways You Can Save on Electricity

Finance Tips

Today’s inflation is a serious and costly problem, but the exorbitant cost of energy has been a persistent thorn in the side of nearly every European. From 2020 to 2022, the energy price in Europe increased by roughly 300%, reaching all-time highs and squeezing Europeans’ finances. Though you probably can’t forgo energy use entirely, there…

Mid-quarter Drop in Investments and Originations

Market & Pricing

After increasing in July by 18.7%, investment and loan origination figures decreased last month. Investments totaled €14,382,356  and originations €14,405,558 in August. That’s a moderate decline of 6.2% and 6.1%, respectively. Read more: Investment by product Investors added €14,382,356 to their Bondora accounts. This equates to a mild drop of 6.2% in investments from the…

Changing your name on Bondora

Bondora video

Has your legal name or last name changed? An investor associate can help you update it on the Bondora platform. Continue watching to see how to do it. To update your name, you will need to contact our investor relations team on www.support.bondora.com. Please fill out the customer contact form and share a copy of…

Bondora Embarks on Ambitious Growth Plan: Announces New Developments

Bondora

Bondora is a global financial platform providing mutually beneficial solutions for investors and borrowers. Since 2008, Bondora’s investor base has grown to over 200,000 customers who have invested more than €650 million and earned over €80 million to build their financial wealth. We are incredibly honored to have become such a popular and trusted investment choice….

5 Ways to Save Money While Inflation is Rising

Finance Tips

In May 2022, the average inflation rate in the EU reached a staggering 8.8%. While in France it didn’t exceed 6%, the 20% inflation rate in Estonia or the 15% one in the Czech Republic makes one wonder — will the situation stabilize? Here is the thing—whether it’s 6% or 20%—a growing inflation rate means…

What is a Recession?

Finance Tips

During the first half of 2022, fears of a recession seized headlines in Europe and the rest of the world. No one can predict the future, although many economists forecast an impending European recession. We often hear the word recession being thrown around casually, rarely with regard to what it means and why it is…

Explained: Secured vs. Unsecured Loans

Bondora video

Here at Bondora, we offer unsecured personal loans to our borrowers. And you may be wondering what an unsecured loan means. Keep watching to find out. A secured loan is a loan backed by collateral. The most common types of secured loans are mortgages and car loans, and in these instances, the collateral is the…

July 2022: Over €1M Recovered

Collection & Recovery

After a slow June, our collection and recovery figures rebounded as anticipated. The number of recovered loans, as well as the total cash recovered, increased. The total recovered cash also climbed to exceed €1 million once again! Read more: The count of loans grew by 0.5% to 79,395 loans in July. And the cash total…

How to Beat Inflation with 3 Easy Strategies

Finance Tips

‘The silent killer of money’—a synonym for inflation, and enough reason to want to overcome it. And there’s a good reason for it. If left unchecked, inflation can erode the value of your euro, meaning everything you buy becomes more expensive. Ordinarily, a little inflation – roughly 2% annually – is a normal part of…

Originations & Investments Increase to over €15M

Bondora

Loan origination and investments showed a solid increase to €15,333,326 in July. This rebound in statistics was expected after the slow summer decreases in June. Collection and recovery statistics also grew, exceeding €1 million. Read more here: In July, we welcomed 1,821 new investors to Bondora—slightly more than in June. Our total investment has increased…

Secondary Market Activity Continues to Tumble

Market & Pricing

The number and value of Secondary Market transactions continue to tumble downward. This is in contrast to other activity on Bondora that has picked up after June’s summer slump, but the interest in market transactions has not rebounded yet. Activity decreased by 24.5% to a total of €104,846 transacted. Read more: Once again, all three…

3 Ways to Deal with Rising Inflation

Bondora video

Inflation has been a hot topic recently, negatively affecting people’s lives. The cost of everything from gas and fuel to groceries goes up, and our budgets become tighter each day. It can seem like inflation happens to us and is out of our control, but there’s hope. Here are 3 ways to deal with rising…