Loantech review – a SCAM conspiracy [stay away!]

Loantech review

This review exposes the Loantech scam that pretends to be about legitimate lending. See why you should not put any money into it.

What is Loantech

Loantech is presented as a lending platform that will pay you daily returns if you lend money through it.

It means that if you have free capital, you can deposit your money into the Loantech platform for somebody to borrow it. And you will be paid 3% daily returns. But there is a caveat, you won’t be able to withdraw your deposit for some time.

After 22 days you can withdraw only 34% of your principal, which together with the 3% daily returns would make you break even. The minimum investment is 10 USD.

There is also an affiliate program that will let you earn up to 15% on deposits from your first level and 2% from your second level. But can you trust Loantech?

Is Loantech legit?

Unfortunately, no, Loantech is not legit. In reality it is an illegal investment program, there is no real lending or borrowing going on.

It saddens us that we have to explain this again and again, but any time you see any program offering stable 3% daily returns, you can be sure that it is a scam. You really don’t need to investigate more about Loantech, just look at this one number, and you know it is a scam.

Loantech is claiming that its legitimacy derives from its registration in the UK. It is true that a company named Bright Future Loans is registered in the UK. But it only has a tax registration that says absolutely nothing about the legitimacy of a company. In fact, we have seen dozens of scams with such a registration.

The important thing is that Loantech is offering financial services. It pretends to be a lending platform, while in reality it an investment platform. But it does not matter, because in any case it needs an authorization from the Financial Conduct Authority in order to be able to operate legally.

But Loantech is not registered with the FCA, it has no license whatsoever. Which makes it an illegal service. And let us remind you that if you promote such an illegal service, you are punishable by the law.

It is not legit

The Loantech scam

So, how does Loantech work? It is a Ponzi scheme, which means a scam that is playing an illegal game with money of its members.

There is no lending going on, deposits are used for profits payouts. Such a system can always run only for a limited time, because withdrawal requests will sooner or later exceed new deposits. Then the whole thing will collapse and people will realize there is nothing left in it.

We often hear the argument that if it is paying, it can’t be a scam. But that is not true, because Ponzi schemes like Loantech start by paying its users, which make the userbase grow and new deposits can make the game last for some time. But it will collapse, it is inevitable.

You probably won’t like it, but as a matter of fact no legitimate business can generate 3% daily returns.

Even if Loantech was really about lending, combine the 3% daily returns and the affiliate program, and the borrower would have to pay more than 100% monthly! Would you borrow any money if you had to pay the double in just one month? There certainly will never be enough people to make such a scheme sustainable. And in most countries it would be illegal anyway.

But that does not matter too much, because as we have explained, Loantech is not a real lending program, it is a scam.

Loantech scam

Why not to participate

You might think that you can still try Loantech while it is still paying (if it still is). But there are several reasons not to do that.

The first one being that Loantech can collapse any time, it might happen right after you make your deposit, you never now.

The second reason is that even if you manage to pull out some money out of Loantech before it crumbles, you will be stealing money from somebody else. A Ponzi scheme can’t make everybody happy, some people have to lose if somebody has to be profitable.

Will you be happy with profits knowing that somebody else had to be scammed for you? We hope not.

Last but not least, being a member of Loantech could get in trouble with the law, because even just recommending an illegal investment scheme to a few friends is punishable.

So, these are the reasons for staying away from Loantech, either you get sammed or somebody else get scammed for you, there is no other possibility.

Loantech review conclusion

Loantech is an illegal investment scheme and a scam, it has nothing to do with real lending. Stay away from it!

If you want to try legit investing, do it with a regulated company. You can get a free demo account and try everything with virtual money.

If decide to invest real money, be sure to understand the risks and to have a strategy.


0.0010 USD





Real service



  • Transparent scam


  • Scam
  • Not real lending platform
  • Illegal financial game
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