ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,880 
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Post by ilmoro on Apr 20, 2016 12:51:17 GMT
Hi SophieThing the new partner has worked with P2P for 3 years, listing 65m loans, do you know which platforms and have any examples of loans they have brought forward - (just loan identifiers, no borrower names required)? thanks |
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SteveT
Member of DD Central
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Post by SteveT on Apr 20, 2016 12:54:12 GMT
MoneyThing Ed, the Pending Loans list shows the rate on these 5 new loans as 10%, as per your Pipeline Loans update. However the email still contains the sentence "Lenders will receive 1% a month on this loan which will be paid monthly into their MoneyThing account". I assume that is incorrect?
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Post by MoneyThing on Apr 20, 2016 12:57:48 GMT
MoneyThing Ed, the Pending Loans list shows the rate on these 5 new loans as 10%, as per your Pipeline Loans update. However the email still contains the sentence "Lenders will receive 1% a month on this loan which will be paid monthly into their MoneyThing account". I assume that is incorrect? Our mistake - thank you for pointing this out. The email is incorrect in that these loans are offered at 10% pa to lenders (not 1% pcm). Regards, Ed.
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Post by manxfinch on Apr 20, 2016 12:58:47 GMT
On the TC site, I always found the communication by the head of the new partnership to be clear and timely. I have invested already in several of the loans that they introduced to that site.
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davex
Member of DD Central
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Post by davex on Apr 20, 2016 13:03:10 GMT
MoneyThing Ed, the email says; There will be a maximum bid restriction of 1% of the total value of the loan. is this correct, or is it £1000 for each of 4 tranches +750.
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SteveT
Member of DD Central
Posts: 6,873
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Post by SteveT on Apr 20, 2016 13:03:18 GMT
Ed's original comment on the Pipeline Loans list says "Part B of this loan (behind ours), is already listed on TC." How does that compare rate-wise versus this one, and is it a 2nd charge on the same asset?
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