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Post by alexp2p on Sept 9, 2018 21:13:38 GMT
Hello,
this week goes the Croydon office loan live
Anybody a opinion on this loan?
It looks for me like an interesting loan with the duration and interest rate.
Thanks,
Alexander
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pier2pier
Member of DD Central
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Post by pier2pier on Sept 11, 2018 11:06:36 GMT
all gone
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elliotn
Member of DD Central
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Post by elliotn on Sept 11, 2018 11:16:35 GMT
proplend do you think your loan limit allowed enough investors? Now I have to negotiate your 3 day withdrawal ie submit today, process tomorrow, for the day after - by far the worst I know in p2p (although even the most cursory of looks at your accounts informs why you need to penny-pinch with regards to lender service). I’m sure you realise, Brian, that both of the above mean I, and perhaps other investors, will be investing less on your platform going forwards.
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huxs
Member of DD Central
Posts: 300 
Likes: 218
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Post by huxs on Sept 11, 2018 11:38:18 GMT
proplend do you think your loan limit allowed enough investors? Now I have to negotiate your 3 day withdrawal ie submit today, process tomorrow, for the day after. I’m sure you realise, Brian, that both of the above mean I, and perhaps other investors, will be investing less on your platform going forwards. Same here disappointing, is the only way to guarantee a part to turn on auto bid ? but then you automatically suck up the stuff on the secondary market which I don't want to do.
Update - my £1,000 deposit was credited as £10,000 which has turned my frown upside down a bit  but I guess I have to wait for them to fix before withdrawing my original £1,000.
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hantsowl
Member of DD Central
Posts: 672
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Post by hantsowl on Sept 11, 2018 12:02:38 GMT
proplend do you think your loan limit allowed enough investors? Now I have to negotiate your 3 day withdrawal ie submit today, process tomorrow, for the day after. I’m sure you realise, Brian, that both of the above mean I, and perhaps other investors, will be investing less on your platform going forwards. Same here disappointing, is the only way to guarantee a part to turn on auto bid ? but then you automatically suck up the stuff on the secondary market which I don't want to do.
Update - my £1,000 deposit was credited as £10,000 which has turned my frown upside down a bit but I guess I have to wait for them to fix before withdrawing my original £1,000.
You can use auto-bid to grab a piece. Just remember to switch it off again before the run on the SM which takes place around 3pm.
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elliotn
Member of DD Central
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Post by elliotn on Sept 11, 2018 12:13:58 GMT
Same here disappointing, is the only way to guarantee a part to turn on auto bid ? but then you automatically suck up the stuff on the secondary market which I don't want to do.
Update - my £1,000 deposit was credited as £10,000 which has turned my frown upside down a bit but I guess I have to wait for them to fix before withdrawing my original £1,000.
You can use auto-bid to grab a piece. Just remember to switch it off again before the run on the SM which takes place around 3pm. Do you have to have 10k on platform for 2k bite? Edit - depends on size account. proplend still have to manage the loan limit to accommodate their hitherto self-select lenders - as well as Auto gamers - and we still have to wash the excess funds through their 3 day withdrawals. Nah. Edit - that’s 9-5 working days btw ie withdrawal 1am Fri will be received the following Tue, 5 calendar days later - which I find perfectly absurd for a “fintech” company.
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bababill
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Post by bababill on Sept 11, 2018 23:07:39 GMT
Don't lower the bid levels Proplend. Anything less then 5k starts to become too much of a nuisance especially for only a six month loan.
Creating supply is the key rather then artificially limiting demand.
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elliotn
Member of DD Central
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Post by elliotn on Sept 12, 2018 16:15:22 GMT
Don't lower the bid levels Proplend. Anything less then 5k starts to become too much of a nuisance especially for only a six month loan. Creating supply is the key rather then artificially limiting demand. Fair points but if it goes in a minute or two that’s a lot of disgruntled MHs.
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bababill
Member of DD Central
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Post by bababill on Sept 13, 2018 1:12:56 GMT
yea.... guess I would be furious too as my bank charges me to send funds.. Plus the extra accounting entries.....
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benaj
Member of DD Central
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Post by benaj on Jan 28, 2019 15:37:45 GMT
Loan REDEEMED today.
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but I guess I have to wait for them to fix before withdrawing my original £1,000.
