fric
Member of DD Central
Posts: 199
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Post by fric on Sept 30, 2019 9:56:48 GMT
Some speculate the low rates are a seasonal thing. I doubt it. These are the inevtable effects of the negative interest rate in Europe. Those are with us for a while yet. What low rates? E.g. short term loans with buyback are like 9.5% atm. There were 13-16% for a long time and probably never lower than like 11% or around that.
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Post by petebutt43 on Oct 3, 2019 12:17:27 GMT
Diversify!! - Buybacks in KZT are currently at 20%
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Post by geldregiertdiewelt on Oct 4, 2019 11:58:50 GMT
Mintos nicely flagging that supply and demand is off balance (which we kind of knew already, thus the declining rates):
"...Increased demand for loans has affected the dynamics of the loan offering on the marketplace. Over the last few weeks, investor demand has outpaced loan supply and, as a result, investors might have noticed that there are fewer loans available for investment. ..."
Will be interesting to see how they can escape becoming a victim of their own success. It took a while, but eventually QE is also posing significant challenges to P2P lending business models.
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benaj
Member of DD Central
Posts: 4,857
Likes: 1,591
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Post by benaj on Oct 24, 2019 11:28:47 GMT
I think the tactics is very simple now
"Rule No. 1: Never lose money. Rule No. 2: Don’t forget rule No. 1”.
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Post by jonpiu on Oct 24, 2019 14:33:52 GMT
The rates are slowly climbing again. Could be true that the seasonality of loans is part of the explanation.
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