star dust
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Post by star dust on Mar 30, 2016 18:32:42 GMT
Who wants to start the sweep stake on how quickly these loans now fill? Bolton full by Wednesday 9pm I see c£5k left with an hour and a half to go, is it your intention to snaffle the last bit and claim the chocolate bar? .
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SteveT
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Post by SteveT on Mar 30, 2016 20:03:22 GMT
Bolton full by Wednesday 9pm I see c£5k left with an hour and a half to go, is it your intention to snaffle the last bit and claim the chocolate bar? . Oh well, close but no cigar! Still £1248 to go at 9pm. Must try harder.
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Post by bracknellboy on Mar 30, 2016 20:07:12 GMT
Bolton full by Wednesday 9pm I see c£5k left with an hour and a half to go, is it your intention to snaffle the last bit and claim the chocolate bar? . now down to approx. £600 (after I snaffled a small extra bit). First rule: don't over invest because of incentives. Second rule: rules are there to be broken. Third rule: don't do anything which might reward SteveT with an undeserved choclate bar.
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SteveT
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Post by SteveT on Mar 30, 2016 20:13:14 GMT
Amused to see that Funding Secure have now lunged for the cashback lever too. Sadly I'm now skint, but I'm still not sure it carries the same attraction; the upfront reward is the same but there is no sensible exit route without holding to term as heavy discounting will inevitably be needed to sell anything via the rather bizarre FS SM.
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goopy
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Post by goopy on Mar 30, 2016 20:25:53 GMT
Someone must have 600 quid to finish off the |Bolton loan....... I'm skint
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Jeepers
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Post by Jeepers on Mar 30, 2016 20:37:22 GMT
Finally it's been filled... I take it cashback isn't applied automatically then?
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SteveT
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Post by SteveT on Mar 30, 2016 20:39:58 GMT
Congratulations MoneyThing, your first 7 figure loan filled!
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Post by MoneyThing on Mar 30, 2016 20:45:30 GMT
Just pressed the button on the £250,000 Bolton loan. Just checking the entries and total interest to make sure... then we will process the £750,000 one.
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Post by MoneyThing on Mar 30, 2016 20:56:11 GMT
CB now successfully applied on both Bolton loans. Regards, Ed.
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Post by MoneyThing on Mar 30, 2016 20:58:04 GMT
Finally it's been filled... I take it cashback isn't applied automatically then? Will probably automate this in the future, however for the first run of the new system we wanted to do it manually first to ensure all went smoothly. Regards, Ed.
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 30, 2016 21:05:11 GMT
Congratulations MoneyThing , your first 7 figure loan filled! £30k already back on the market, hows that for flipping (not mine)
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SteveT
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Post by SteveT on Mar 30, 2016 21:13:51 GMT
Congratulations MoneyThing , your first 7 figure loan filled! £30k already back on the market, hows that for flipping (not mine) Now over £90k already That's going to take a while to shift!
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jonah
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Post by jonah on Mar 30, 2016 21:15:39 GMT
£30k already back on the market, hows that for flipping (not mine) Now over £90k already That's going to take a while to shift! Maybe.... But it's earning interest all the way!
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 30, 2016 21:24:39 GMT
Give it 24hrs and we'll be back where we started, except Ed will have his float for new loans, but will they shift without CB? Danger of a vicious circle here.
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SteveT
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Post by SteveT on Mar 30, 2016 21:29:02 GMT
Give it 24hrs and we'll be back where we started, except Ed will have his float for new loans, but will they shift without CB? Danger of a vicious circle here. I think that good quality loans to new borrowers will still go well, especially if they're not too huge. But further car finance / car stocking / supercar loans to the same borrowers may be slow to fill until the market-wide glut clears.
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