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Post by Badly Drawn Stickman on Jan 23, 2018 16:51:26 GMT
Its a good incentive if u already wanted to invest in this loan but 1% cashback isn't enuff for me lol Just for the record, I had invested prior to the cashback and have invested more since and depending on SM activities may invest more. All recycled funds and purely tactical maneuvering. I think most of us see the way Cashback is used by sites in instances like this as exactly what it is, a reluctant act of desperation to fill unpopular loans. Having said that I think it is as much a case of wrong loan wrong time in this case. Its a complicated loan with a lot of potentially non-moving parts, Moneything has just managed to (it would seem) lose 30% of capital on a loan that looked fairly straight forward. We are punishing them for that. If each Moneything investor had invested a shade over £188 this loan would be filled, there is a message there somewhere.
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Post by elephantrosie on Jan 23, 2018 16:52:29 GMT
filling in quickly now
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Post by df on Jan 23, 2018 21:42:57 GMT
Yes only 13.8% left, and when it's done lots of it will appear on SM and stay there for long time
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copacetic
Member of DD Central
Posts: 305
Likes: 666
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Post by copacetic on Jan 23, 2018 23:45:20 GMT
Yes only 13.8% left, and when it's done lots of it will appear on SM and stay there for long time Until March or possibly April when I suspect the IFISA launch might clear the SM. The flippers will just be hoping it doesn't default before then!
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madpierre
Member of DD Central
Posts: 303
Likes: 374
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Post by madpierre on Jan 24, 2018 9:12:06 GMT
Yes only 13.8% left, and when it's done lots of it will appear on SM and stay there for long time Until March or possibly April when I suspect the IFISA launch might clear the SM. The flippers will just be hoping it doesn't default before then! I am almost tempted to take a calculated flip myself, as it's the best risk available in the P2P world at the moment
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Jan 24, 2018 15:42:34 GMT
44k left.
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Post by GSV3MIaC on Jan 24, 2018 20:12:43 GMT
Now £32k. May well all be gone tomorrow sometime, if not late tonight, so anyone holding out for the Cashback to go to 2% is likely going to be disappointed. 8>.
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slush
Member of DD Central
Here to learn. Please be gentle.
Posts: 79
Likes: 38
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Post by slush on Jan 24, 2018 23:44:08 GMT
All gone.
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m2btj
Member of DD Central
Posts: 626
Likes: 749
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Post by m2btj on Jan 25, 2018 8:39:41 GMT
I sat this one out but the final investment of £24,147.00 saw it filled at 23.56 last night. I expect a huge splash on the SM imminently!
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Post by sirkillalot on Jan 25, 2018 9:41:07 GMT
Yes a big dump on the SM is incomming. I assume the cashback will be paid sometime today ?
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Jan 25, 2018 9:47:51 GMT
Yes a big dump on the SM is incomming. I assume the cashback will be paid sometime today ? Cashback will occur when the loan has drawn down.
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Post by sirkillalot on Jan 25, 2018 9:59:54 GMT
Ok - so a few days for the SM to recover then
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elliotn
Member of DD Central
Posts: 3,063
Likes: 2,681
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Post by elliotn on Jan 25, 2018 11:06:42 GMT
I sat this one out but the final investment of £24,147.00 saw it filled at 23.56 last night. I expect a huge splash on the SM imminently! Oooffff, make way for The Whale!!!
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Jan 25, 2018 15:08:29 GMT
Cashback has been paid.
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Post by sirkillalot on Jan 25, 2018 15:10:06 GMT
And nearly £100K already on the SM
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