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Post by yoica on Apr 14, 2017 10:05:00 GMT
Thanks!
I was looking for it in the account part of the site.
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kulerucket
Member of DD Central
Posts: 336 
Likes: 93
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Post by kulerucket on Apr 17, 2017 23:21:23 GMT
I started an account about 4 months ago with 100€. In the first month I was not allowed to set up a "complex" auto bidder so I managed to invest only 10€ during this period. I used this time to observe what was going on. What I saw was that many loans were going way below the target rate but some of the larger/longer term loans were close to or over target. When I finally got a proper auto investor I went for target plus a few ARBU increments. During the next month I managed to get up to 80€ at 5€ per loan at close to target, then nothing for the next 2 months. I have gradually reduced my expectations, but still nothing and the final 20€ remains uninvested.
Following progress of my failed bids, it seems that people are now going as low as necessary to win loans and the final rates are much, much lower. It is the same as Investly was before the new minimums were introduced. I suppose people are just relying on the compensation fund and going lower and lower. I don't see much of a future in the platform the way things are going so have no plans to add more money.
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Post by buttchopf23 on Apr 18, 2017 6:43:08 GMT
The compemsation fund will run out if funds eventually this or early next year. I don't add more money at the moment, just reinvesting in bigger loans with higher returns (mostly B plus some C).
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