Worthy FinancialReviews of worthybonds.com

Their 1st bond tranche offering is essentially in default. My and presumably others' accounts with matured bonds are locked. No withdrawals of interest and no bond redemptions have been possible since at least August 22 in my case. I have had 2 responses to emails inquiring about the status of locked accounts which have not been helpful beyond 'they're "liquidating borrowers' inventories" and they're " working on it." One respondent said some bond holders would be repaid (by some opaque process and at some unspecified time) which they aren't detailing. I seriously doubt inventories will cover defaulted loans. Subsequently, I had no trouble liquidating the two newer bond offerings I had also bought. At this point, I have no idea if I will receive any of my principal back (~$25k) or what recourse I have. The prospectus from the offering does say that Worthy Financial will be responsible for costs associated with a collection process.

I invested in about $20 K of Worthy Peer Capital bonds in 2020 because of their 5% annual return promise. Nearly three years later, after reading negative reviews from a couple people who were told their requested withdrawals from Worthy were "temporarily placed on hold" due to cash flow issues, I got nervous and requested a full disbursement from my Worthy account. Happily, everything went without a glitch and my funds—complete with interest—were successfully transferred to my associated bank account within about 6 business days as advertised. I am unfamiliar with the internal workings of the company, so I can't say how or if they're able to stay profitable. All I know is that I was able to profit from my investment with them, including through a long period when bank interest rates were pitifully low and through the 2022 calendar year when the S&P 500 lost fully 20% of its value.

Love Worthy Bonds! Keeping my money in worthy bonds > savings accounts with no returns. No brainer. Very responsive to any questions. Thanks Worthy!

In the midst of negative stock market returns, Worthy continues to give me 5% back with complete access to my money any time I need it. As a young investor, I have time to ride out a bad year or two with the stock market when considering retirement. But when saving for something like a new car or deposit on a house, I don't have that time. Leaving my money in a bank is just a waste so Worthy presents itself as the perfect solution. For a few years, I've been stashing away $10 bond after $10 bond and I've now nearly got what I need for a car. This would have taken me much longer if I got the measely 0.01% I'd get in my savings account. As a long-time user, I can't recommend Worthy enough.

They continue to advertise that you can withdraw your funds at any time. However, they have paused with drawls, and there is no word on when they will reverse that order and allow withdrawals again. They have absolutely lost my trust and as soon as I can, I am pulling all my money out and never doing business with them again

Signed up in 2021, 1 year later they have halted withdrawals and after 2.5 months have said nothing. They also stopped responding to my emails. This feels like a rug pull. Do not invest here unless you want to lose your cash. They are not ethical in how they deal with the public.

This is a scam company! Avoid putting any $$ into buying bonds from them. They have paused the withdrawals without any prior notice and the money is blocked.

Invested my hard earned dollars, they've paused withdrawals for the foreseeable future. It appears they are attempting to mitigate too many pulling funds, they've also been waiting nearly a year for SEC approvals to sell more bonds. Waiting game now, they've yet to provide an update. Last communication was 8/22, it's now 10/15.