IFISAcava
Member of DD Central
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Post by IFISAcava on Mar 13, 2019 11:45:41 GMT
Unspecified reasons. Better safe than sorry I guess, but has messed up my portfolio somewhat as I sold out of some good loans for the purposes of diversification. Lots of spare cash now... (and not just me - there's over £5 million freed up now)
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sandbrain
Member of DD Central
Posts: 62
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Post by sandbrain on Mar 13, 2019 12:17:16 GMT
I had only invested in one of those loans as I didn't want to be too exposed to one borrower. Happy with the decision Proplend has made on the back of their due diligence.
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alibaba
Member of DD Central
Posts: 341
Likes: 245
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Post by alibaba on Mar 13, 2019 13:07:28 GMT
I had only invested in one of those loans as I didn't want to be too exposed to one borrower. Happy with the decision Proplend has made on the back of their due diligence. This decision has given me even more confidence in Proplend
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Post by markaldrich on Mar 13, 2019 15:36:02 GMT
I agree. Just fed back to the Proplend team my thanks. Credit that they take a long term view to the trust people place in them rather than the short term gain of a fee.
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Post by uksoul on Mar 13, 2019 16:21:31 GMT
Oh all 5 have been withdrawn.. Only invested in one of them. No doubt best to err on the side of caution and highlights the extent of Proplend'sdue diligence
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