JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317 
Likes: 893
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Post by JamesFrance on Nov 23, 2018 10:58:32 GMT
Today I find that my auto invest (set for the expected amount of repayments) has purchased over 5000€ of loans yesterday with a single originator, far more than I would have put with them.
The culprit was of course Mogo with over a third of my loans bought back with no advance notice at all.
I will never touch another Mogo loan and I am considering whether I still want to invest through Mintos with the two companies having common shareholders. Very sad as I invested with Mintos from the very start in January 2015.
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fric
Member of DD Central
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Likes: 79
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Post by fric on Nov 23, 2018 11:36:01 GMT
Well, there were press releases about Mogo issuing more bonds, it also stated that it is done to refinance more expensive loans (Mintos) so to speak...
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Post by geldregiertdiewelt on Nov 23, 2018 12:19:40 GMT
Today I find that my auto invest (set for the expected amount of repayments) has purchased over 5000€ of loans yesterday with a single originator, far more than I would have put with them.
The culprit was of course Mogo with over a third of my loans bought back with no advance notice at all.
I will never touch another Mogo loan and I am considering whether I still want to invest through Mintos with the two companies having common shareholders. Very sad as I invested with Mintos from the very start in January 2015.
see p2pindependentforum.com/post/297934/thread
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
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Post by JamesFrance on Nov 23, 2018 12:28:56 GMT
The thread you are trying to access could not be found.
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Post by geldregiertdiewelt on Nov 23, 2018 12:42:30 GMT
uups good catch, thanks it's corrected
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
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Post by JamesFrance on Nov 23, 2018 13:11:41 GMT
A third of mine in one day!
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