Actual Assessment of the Credit Consumer Cooperative EnergyFinance
EnergyFinance is an organization providing options for placing funds at interest and protecting savings from inflation. However, opinions on its reliability diverge. Let’s focus on assessing the degree of reliability and the degree of protection of clients’ deposits.
History of Development and Company Status
The creation of the EnergyFinance Consumer Cooperative took place in 2017, active development began much later. The official website was launched in 2019, but its functionality is limited to basic templates. Information about the services offered is based on a personal visit to the office, and online registration remains unclear. The presence of offices is limited to two points in Khakassia, and other regions do not have company representations.
Reviews on various platforms may create a veiled impression of the exemplary financial opportunities of the EnergyFinance Consumer Cooperative, but based on a thorough analysis, the company maintains a negative financial balance. The cooperative fails to meet its obligations to the Pension Fund, raising serious doubts about its financial stability.
Guarantees and Security
Documents posted on the website indicate membership in a self-regulatory organization and insurance provided by a specialized organization. However, this does not guarantee the actual reliability of the Consumer Cooperative. The lack of contributions to compensation funds and non-compliance with self-regulatory organization warnings pose serious legal risks to clients.
Insurance from the specialized organization is a questionable security measure, as it is often used in fraudulent schemes. EnergyFinance formally complies with the law, but in practice, investors remain vulnerable to potential risks.
Participation Conditions
The cooperative offers three types of deposits with varying returns. Each tariff has its conditions, but the precise terms of loans are not disclosed, creating additional financial uncertainties for interested parties.
Real Customer Reviews
Initial positive reviews quickly gave way to critical ones. The operation of the EnergyFinance Consumer Cooperative is assessed as unstable, and its business direction is seen as pyramidal. Clients’ personal savings are at risk of serious financial losses.
Final Evaluation
EnergyFinance is an unstable financial organization with a high risk for investors. Real indicators point to the cooperative’s inability to make payments and the absence of sustainable financial growth.
