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Post by sannytwist on Apr 30, 2019 21:50:57 GMT
Hi, does anyone else notice that UB is really slowing down now. Especially in the past 2 months, l noticed that my money is just sitting on UB account doing nothing. Some weeks you get 1 or 2 loans per day, even on the best days its not much better than that.
Regards, Sanny
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Post by banffy on Apr 30, 2019 23:55:05 GMT
Yes does seem a bit slow but I have stopped and withdrawing all now because of a certain borrower not paying his loans which I have a few from him. He is going through legal against Unbolted, If Unbolted win then I will invest again but I hope they are more secure with everything they do which they may already be, we will see but all out for me at the moment.
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benaj
Member of DD Central
Posts: 4,828
Likes: 1,586
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Post by benaj on May 1, 2019 8:42:29 GMT
Hi, does anyone else notice that UB is really slowing down now. Especially in the past 2 months, l noticed that my money is just sitting on UB account doing nothing. Some weeks you get 1 or 2 loans per day, even on the best days its not much better than that. Regards, Sanny Lending volume from the active loans tape below (completed loans not included):- Month | Volume | No of loans | Jan | 700k | 93 | Feb | 817k | 90 | Mar | 417k | 93 | Apr | 667k | 84 |
Try adjust auto lend setting if it make any difference. There are some large loans need funding on the platform.
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alanh
Posts: 556
Likes: 560
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Post by alanh on May 1, 2019 9:42:10 GMT
Can't say I've noticed any difference. I've been with them for quite some time and now seem to have reached a state where repayments and new investments seem to balance out leaving me with a fairly steady cash balance.
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