On June 06, 2018 I made my monthly Mintos deposit of €150,92 which I invested exclusively in Mogo loans. Right now Mogo is the only originator with an active cashback campaign that was good until June 16, 2018 and I wanted that 5%. I was becoming worried since Mogo represented more than 70% of my Mintos portfolio but the cashback reward was too good to pass and from my research online it was one of the healthiest originators around.
On the following screenshot of my monthly account statement, you will be able to see all the details.
For the month of June 2018 I deposited €150,92 and the total return from cashback, interest, late fees and secondary market transactions was €46,93.
Until Next Time,