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Post by davids on Feb 15, 2018 20:13:09 GMT
make that 76% filled now, 7 mins after previous post.
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nw99
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Post by nw99 on Feb 15, 2018 20:19:26 GMT
89% 18 minutes going to be a super active secondary rock on Ablrate
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macq
Member of DD Central
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Post by macq on Feb 15, 2018 20:20:49 GMT
I used to work in Beverley and Stanifords were the "go to guys" for residential in the area, don't know their commercial record but I know they do it. Frankly the whole Hull area is a little cut off from the rest of the country and I doubt there is much choice. What happened this am? Thanks for the info about Stanifords. As for what happened this morning, I'd better not tell you, in case I get accused of being the "Ranty" mentioned in another thread. Mr Ranty is not real but if he was i'm sure he would like to know as well
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Post by investorman on Feb 15, 2018 20:21:32 GMT
Just dropped to 64% again very odd
Actually think they put 500 instead of 750k by mistake
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blender
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Post by blender on Feb 15, 2018 20:21:42 GMT
Now at 60% after 20 mins, but it was 90% before the goalposts were moved to £750k. Mine's in. Congrats to Ablrate. 'Ranty' used to inhabit the FC boards.
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poppyland
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Post by poppyland on Feb 15, 2018 20:22:35 GMT
Loan was almost filled, then Ablrate popped in another 250k. But I reckon that will fill soon as well.
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Post by GSV3MIaC on Feb 15, 2018 20:24:06 GMT
Methinks ablrate only did half the job - announced before bidding starts, tick .. limited bidding for first X hours or days .. fail. Maybe they though everyone was already saturated with this borrower but that turns out to not have been the case. Still, the extra £250k might keep it going for an hour or two yet ..
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Post by df on Feb 15, 2018 20:25:21 GMT
Loan was almost filled, then Ablrate popped in another 250k. But I reckon that will fill soon as well. 750k was the original plan. 500k was minimum. Of course it will fill
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Post by df on Feb 15, 2018 20:33:55 GMT
Now only 60% after 20 mins, but it was 90% before the goalposts were moved to £750k. Mine's in. Congrats to Ablrate. 'Ranty' used to inhabit the FC boards. I had no second thought and made sure my funds are there ready for 8pm. Didn't want to miss this one, good loans at 13% don't come every day.
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pom
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Post by pom on Feb 15, 2018 20:38:12 GMT
Just dropped to 64% again very odd Actually think they put 500 instead of 750k by mistake Nope quite normal where they have a min/max on a loan
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toast
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Post by toast on Feb 15, 2018 20:46:05 GMT
Just dropped to 64% again very odd Actually think they put 500 instead of 750k by mistake Nope quite normal where they have a min/max on a loan I found it confusing. How does one tell, prior to investment, whether or not the progress bar is showing a percentage of min or max?
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steveb
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Post by steveb on Feb 15, 2018 21:00:31 GMT
Nope quite normal where they have a min/max on a loan I found it confusing. How does one tell, prior to investment, whether or not the progress bar is showing a percentage of min or max? In 'Available Loans' the Loan Amount was first of all showing £500,000, it was then changed to £750,000. The percentage bar is the percent of the Loan Amount which is being displayed.
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poppyland
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Post by poppyland on Feb 15, 2018 21:26:01 GMT
Thanks for the info about Stanifords. As for what happened this morning, I'd better not tell you, in case I get accused of being the "Ranty" mentioned in another thread. Mr Ranty is not real but if he was i'm sure he would like to know as well Well, Mr Ranty put some of his money last year into a castle which he was told was worth 4.9 million. 3.5 million in total was lent against the castle, with a P2P platform which begins with L. Then the loan went bad, and the castle was auctioned off this morning and only fetched 1.5 million. Mr Ranty and the other investors lost 2 million between them, and Mr Ranty got very upset and said that the guys who ran the P2P platform should be sent to jail for being careless with other people's money and being so incompetent as to accept the valuation as realistic. Some people agreed with Mr Ranty, but others said he shouldn't have been so stupid as to lend his money on a dodgy project like that. And other people said that Mr Ranty had to accept losses if he wanted to be in P2P and not make a fuss about it. To which Mr Ranty replied that he did accept that there were losses in P2P, but he still expected valuations to be in the right ballpark, rather than millions of pounds off the mark. Mr Ranty is now wondering if there should be a special place on the P2P forum for people who want to say nasty things from time to time without upsetting all the nice people.
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macq
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Post by macq on Feb 15, 2018 21:41:08 GMT
Mr Ranty is not real but if he was i'm sure he would like to know as well Well, Mr Ranty put some of his money last year into a castle which he was told was worth 4.9 million. 3.5 million in total was lent against the castle, with a P2P platform which begins with L. Then the loan went bad, and the castle was auctioned off this morning and only fetched 1.5 million. Mr Ranty and the other investors lost 2 million between them, and Mr Ranty got very upset and said that the guys who ran the P2P platform should be sent to jail for being careless with other people's money and being so incompetent as to accept the valuation as realistic. Some people agreed with Mr Ranty, but others said he shouldn't have been so stupid as to lend his money on a dodgy project like that. And other people said that Mr Ranty had to accept losses if he wanted to be in P2P and not make a fuss about it. To which Mr Ranty replied that he did accept that there were losses in P2P, but he still expected valuations to be in the right ballpark, rather than millions of pounds off the mark. Mr Ranty is now wondering if there should be a special place on the P2P forum for people who want to say nasty things from time to time without upsetting all the nice people. sorry for being flippant had not seen that thread
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poppyland
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Post by poppyland on Feb 15, 2018 22:07:45 GMT
sorry for being flippant had not seen that thread Mr Ranty was not offended at all, and thought it was funny. Oh and by the way, just to clarify. Mr Ranty thinks this particular loan is awesome and he's put lots of money in it, even though he would prefer it if there were two valuations of the modules. He's wondering whether having more than one valuation of security could become standard practice, especially for very large loans.
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