Robocash is an outstanding platform for https://bestloanonline.com/payday-loan/ invest in P2P lending with very high returns. The security of this platform is also good. Individuals who have long wanted to see more lending on the platform have always wanted to see more lending on the platform itself and thus increased diversification options.
But with accounts starting from as low as ten, it’s still an interesting platform for those of us who aren’t so interested in diversifying. But only if you can live completely without the option of choosing loans manually. In the past when you invested manually, you would need to contact your bank and find out the interest rate you qualified for, manually manage your money and then contact your broker again to get your auto-invested money back. That’s a lot of work. And who wants to do that?
Fortunately, that’s all going to change in the future. Robo-quote, the company behind robocash has now integrated Automatic Quote Technology with their lender lists to enable advisors to offer rates to their customers directly. The result is that you will be able to apply for a loan without ever contacting your broker or financial institution. This is the beginning of truly ‘robotic’ investment decisions where your future decisions are made for you by a machine, not by a human.
So how does robocash work? When you first sign up, you will be asked to choose your country of residence. Once this is done, you will be able to choose from two default rates – one based on your country of residence and one based on the rate you qualify for from your bank or other lender. If you’re lucky you will qualify for an optimal rate, which means you’ll make a low monthly deposit, and you will be given a long term investment term to use as collateral to secure loans. At this time, depending on which platform you are running, you can choose the default rate and customize it with whatever factors you deem appropriate.
The beauty of robocash is that it works just like a standard savings account. You put your money into a savings account and it earns interest. You decide what investments you’d like to make using your money, and when you want to pull your money out of the system you simply access your account and view your progress. As long as you have kept your account up to date, you’ll earn interest, pay off your loans, and be able to see how your investments are doing.
But what if you don’t keep your eye on the bottom line? In cases where you need to withdraw your money before it matures and reaches its full maturity, you won’t have to worry about it because Robocash makes it easy to pull money from your account. With a few clicks, you can take your money out within 30 days using funds that were originally deposited into your bank account. That’s transparency at its best!
Many people are skeptical about investing through a mobile banking app. They worry that they’ll lose control over their money by allowing an unknown third party to access their money. However, using an app is like handing over your money to a bond market, mutual fund, or stockbroker without really understanding how the process works. Robocash offers a lot of information about their platform, including how it works behind the scenes, their guaranteed interest rates, and how to diversify your investments through the use of their platform.
Lastly, Robocash has one more advantage over its competitors: the ability to automate the bond picking process. Instead of sitting back and letting the robot do all the work, investors can spend more time evaluating their portfolio. Once the system identifies potential investment opportunities, the swaper will direct investors accordingly. The entire process is automated, making it possible for you to invest your money faster, while spending less time doing it. No other bank account allows you to do that!