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Post by uncletone on Jun 9, 2016 19:55:18 GMT
But alas only 1013 likes You must up your game Ed Oh come on: we've all been trying to bolster the poor young chap's confidence, and then you go and say that....
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Post by MoneyThing on Jun 30, 2016 19:34:56 GMT
0.99% market share on Liberum AltFi Volume Index UK. Roll on 1%!!!
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hendragon
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Post by hendragon on Jun 30, 2016 19:44:01 GMT
only aiming for 1% Ed. C'mon I thought 10% was more your sort of target.
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SteveT
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Post by SteveT on Jul 18, 2016 16:50:31 GMT
Should the betting start now for when 20m is reached? I'll take 12th October. Not even close. My bet is around 10pm tonight ...
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jonah
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Post by jonah on Jul 18, 2016 19:21:56 GMT
Should the betting start now for when 20m is reached? I'll take 12th October. Not even close. My bet is around 10pm tonight ... Very happy to be wrong. Well done to the things (what is the collective noun for things I wonder) whenever this milestone is reached!
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Post by MoneyThing on Jul 18, 2016 19:36:58 GMT
I think whomever's pound takes us over the £20m mark deserves a choccy bar!
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jonah
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Post by jonah on Jul 18, 2016 19:47:46 GMT
Sounds like an inducement to buy.... Naughty! thinking more, if others can offer iPads I guess you can offer chocolate! 28k to go! My current favourite stat is the almost 2m in interest paid. Whilst I've had a tiny tiny micro fraction of that, it's nice to see its all adding up.
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guff
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Post by guff on Jul 18, 2016 19:50:51 GMT
I think whomever's pound takes us over the £20m mark deserves a choccy bar! Courtesy of your big yellow Spanish devil?
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SteveT
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Post by SteveT on Jul 19, 2016 7:22:24 GMT
Both milestones (£20m funded and £2m interest paid) now achieved. Congrats!
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Post by MoneyThing on Jul 19, 2016 8:22:08 GMT
Both milestones (£20m funded and £2m interest paid) now achieved. Congrats! £20m within 18 months of launch & £10m within the last 4 months. Well chuffed! Thank you all very much!!! Ed
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Post by MoneyThing on Jul 19, 2016 8:28:37 GMT
Both milestones (£20m funded and £2m interest paid) now achieved. Congrats! I would just like to highlight that the £2m labelled 'Total interest' represents the total paid/credited to lenders (c. £575,000), plus the expected interest on the current loan book on the assumption that they all go to term. Regards, Ed.
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registerme
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Post by registerme on Jul 19, 2016 9:43:28 GMT
That's quite a difference. I don't feel very strongly about it but I think it would be simpler and clearer just to provide a figure for the amount of interest actually paid to lenders (and, whilst we're at it, the amount of capital repaid - this is something all platforms could do better) - I remember a while ago a discussion between us where I suggested it would be good to provide an "expected payments by date" table and Ed, your caution was that "it assumed all loans repay / on time etc". So it's amusing to see you guys assume this in your headline figures .
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guff
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Post by guff on Jul 19, 2016 13:22:50 GMT
Not holding my breath, but historical data for those loans paid early and those paid late would be rather useful.
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SteveT
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Post by SteveT on Jul 19, 2016 14:13:37 GMT
Not holding my breath, but historical data for those loans paid early and those paid late would be rather useful. As far as I know, all MoneyThing loans to date have paid lenders on the nail, although of course it's possible the odd borrower may have been slow in paying MoneyThing behind the scenes. There's been the occasional short-term renewal, where a borrower has wanted to extend the original loan term a little, but MT lenders were given the usual choice of opting in or out (the vast majority opting to roll over their stakes). There have also been a few early repayments (typically cars and some of the pawn items) but most loans have either repaid or renewed on the scheduled date.
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guff
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Post by guff on Jul 19, 2016 14:27:02 GMT
Not holding my breath, but historical data for those loans paid early and those paid late would be rather useful. As far as I know, all MoneyThing loans to date have paid lenders on the nail, although of course it's possible the odd borrower may have been slow in paying MoneyThing behind the scenes. There's been the occasional short-term renewal, where a borrower has wanted to extend the original loan term a little, but MT lenders were given the usual choice of opting in or out (the vast majority opting to roll over their stakes). There have also been a few early repayments (typically cars and some of the pawn items) but most loans have either repaid or renewed on the scheduled date. I agree SteveT. From my short experience with MT, they have an excellent record so it would probably be a useful set of data for them to quote. I'm guessing RS would have poor early figures and FC would have poor late figures - they're the ones I'm not holding my breath for!
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