jimc99
Member of DD Central
Posts: 284
Likes: 115
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Post by jimc99 on Oct 3, 2015 1:00:03 GMT
As at 2.00 am UK time there are 304 loans on the SM with negative returns and 1,296 loans returning between 0% and 8%. Make sense to anyone???
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james
Posts: 2,205
Likes: 955
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Post by james on Oct 3, 2015 1:44:29 GMT
As at 2.00 am UK time there are 304 loans on the SM with negative returns and 1,296 loans returning between 0% and 8%. Make sense to anyone??? Sure. And not much chance of anyone choosing to buy those particular loans. But no harm for the person who has the loans to offer at some rate between zero and whatever that they think is fair payment for the income stream that they are giving up. Just needs the removal of negative returns and a sensible filter range by default for the returns so people shopping in the secondary market can more easily find what interests them. Mintos will know how rarely people actually buy loans at those rates.
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Post by red_panda on Oct 26, 2015 19:09:17 GMT
I see large portion of loans in the SM being sold at a premium, even if loans are periodically late. Is it people hoping someone will mistakenly buy these loans at a premium or are simply the sellers in misunderstanding? Or is there something I'm missing?
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