dermot
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Post by dermot on Feb 7, 2018 11:57:39 GMT
Lots of updates today with news that a significant number of loans will be paying off before month end.
That will free up some cash to top up remaining tranches in the Bolton loans - and hopefully some new ones too.
Some more bling would be excellent news!
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ceejay
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Post by ceejay on Feb 7, 2018 12:25:42 GMT
That will free up some cash to top up remaining tranches in the Bolton loans Well, not as far as I'm concerned. I already have my allowance in Bolton, and I can't see that having nearly a third of my (admittedly modest) investment in COL returned early is a good thing. I am new here - I just threw in some cash liberated from FC to see how this one works out - but I found it hard to identify many loans I wanted to put my money in while staying within my diversification limits. I do understand that borrowers are free to move their business, but so am I, and if there is no supply of stable borrowing then this platform won't be attractive.
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ingwer
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Post by ingwer on Feb 7, 2018 13:13:36 GMT
Lots of updates today with news that a significant number of loans will be paying off before month end. That will free up some cash to top up remaining tranches in the Bolton loans - and hopefully some new ones too. Some more bling would be excellent news! There were lots of new loans - but most were unfulfilled. Tricky market to gauge for COL as B***pool was filled in hours.
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empirica
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Post by empirica on Feb 7, 2018 19:06:21 GMT
That is a lot of repayments coming back this month if the updates hold good.
Mobile phones don't lend themselves to precision work but I think adding those loans up comes to around 4 million and possibly more if interest is added in.
Hope there's a good supply of loans to replace them with!
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Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
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Post by Godanubis on Feb 7, 2018 19:21:13 GMT
Like the weather we all like to complain. It's a first that a P2P lender is paying back and still gets complaints !!!! Col. have been a great place with good returns. I'm happy to keep my returned money and profit a while till loans that offer higher returns than most and sometimes cashback and Payback on or nearly on time. These qualities in platform are worth a lot. Keep up the good work Col.  |
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stub8535
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personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Feb 9, 2018 1:20:31 GMT
With the announced business direction change and the couple of small loans that have come through it looks to be prudent to give coll a chance to settle down post upheaval.
I have placed more into the later tranches of Bolton as, if these do not fill, the project may not be able to complete without external corporate money being found by Coll.
15% and expected completion end April.
Looking forward to more loans coming.
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stevio
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Post by stevio on Feb 23, 2018 10:45:58 GMT
collateral Collateral Rep could you add the description/address to your emails updates (here it might need asterisk), the codes alone are not always easiest to distinguish, thanks
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blueninja
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Post by blueninja on Feb 23, 2018 16:28:40 GMT
collateral Collateral Rep could you add the description/address to your emails updates (here it might need asterisk), the codes alone are not always easiest to distinguish, thanks I concur, its not easy to workout whats what just looking at the numbers, especially as many loans are broken down into an array of smaller loans.
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