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Post by captainconfident on Oct 29, 2015 11:59:20 GMT
Thinking of joining, but is demand still outstripping loan supply?
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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 Oct 29, 2015 13:10:29 GMT
There are over 1500 loans available now, they are adding more countries and listing lots of existing loans at attractive rates.
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Post by captainconfident on Oct 30, 2015 1:17:52 GMT
Thanks James, I'll give it a go. Impressed so far by Mintos, and still hopeful for Investly, why not add another from the Wild East. The only one I felt shy about was Bondora. Maybe I dodged a bullet.
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Post by Deleted on Nov 24, 2015 13:47:21 GMT
Not a single loan >12.9%
Looking for more 14% loans :/ (Transferring from £ to € and back means losing money in transfer charges)
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Rob
Posts: 138
Likes: 36
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Post by Rob on Nov 24, 2015 13:57:38 GMT
Been like that for days I think they are holding out with the 14.9s until the 12.9s have been bought!
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Post by gmaxkenny on Nov 24, 2015 14:36:09 GMT
I have noticed that they seem to add new loans on fridays. Anyone else noticed this or am I mistaken. Also if you dont use auto invest you are unlikely to get 14% loans anymore.
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Post by patright on Nov 24, 2015 14:41:44 GMT
Actually, could be testing the water..like creamfinance did over at Mintos, lower the interest rate, see if people bite anyway and save $$$
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Rob
Posts: 138
Likes: 36
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Post by Rob on Nov 24, 2015 15:11:05 GMT
Actually, could be testing the water..like creamfinance did over at Mintos, lower the interest rate, see if people bite anyway and save $$$ No, all the loans available are 1 month loans @ 12.9%. This is the usual rate. It is the 24 month loans (normally Poland) which are 14.9% which I am waiting for.
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Post by patright on Nov 24, 2015 15:14:39 GMT
ah ok, well thanks for the tip, I had not noticed that in fact so yeah, I was kind of disappointed as i deposited several thousands yesterday and ...no 14+ loans lol
thanks Rob
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Post by jevgenijs on Nov 24, 2015 17:08:31 GMT
Hello! Rob is absolutely correct: we haven't changed the rates for a while now, and have no intention to do so in the nearest future. 12.9% rate is offered on 1 month loans, and 14.9% rate is offered on 12-24 months loans (with other rates falling in between depending on the duration of the loan). We are working with our group's lenders (their MDs came to Riga this week) on increasing the longer duration loan volume, as currently most of those are bought with Auto Invest and the demand has clearly surpassed the supply we can bring on the monthly basis (especially given the "slow" month of November). Hope we will be able to grow the volume of the 14.9% loans in the nearest future, but as I wrote earlier it takes time, as longer duration requires longer time for testing the scoring models. In the meantime, we have a way larger supply of 1 months loans at 12.9% rate than we are currently bringing to TWINO. Sincerely, Jevgenijs
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Post by patright on Nov 25, 2015 15:34:09 GMT
Hi
Do you think we can expect some 14+ 24 months polish loans this friday?
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Post by jevgenijs on Nov 25, 2015 16:10:13 GMT
Hello, patright! Aiming for tomorrow (with bigger then usual volume). In the worst case this will be Friday this week. Sincerely, Jevgenijs
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Post by patright on Dec 2, 2015 6:32:43 GMT
Hello, patright ! Aiming for tomorrow (with bigger then usual volume). In the worst case this will be Friday this week. Sincerely, Jevgenijs I , enjoyed it last week, still have more to get through, do you know which day you are shooting for this week? Also, in the past, we were getting a text message when such loans hit the market, is that discontinued? thanks again for your time
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Post by jevgenijs on Dec 2, 2015 18:29:38 GMT
Hello, patright! Will add new 14%+ loans tomorrow. We are also working on bringing seasoned loans to TWINO (loans with at least one repayment, not delayed, not extended). This would be a much bigger volume than we add weekly, but so far I don't know if we will be able to do it this week. Hope this helps! Sincerely, Jevgenijs
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Post by patright on Dec 3, 2015 13:53:51 GMT
Thank you very much!
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