shimself
Member of DD Central
Posts: 2,560 
Likes: 1,169
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Post by shimself on Dec 14, 2016 8:44:25 GMT
Today the site says There are no loans available for investment at the moment
What is this? Ultra pickiness, mispricing, giving up on the platform?
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Post by slumberingaccountant on Dec 14, 2016 13:29:57 GMT
Today the site says There are no loans available for investment at the momentWhat is this? Ultra pickiness, mispricing, giving up on the platform? Its remarkable that all the loans are going so quick even at 5.5% (although the last were over 6%). And no SM. i only logged in to withdraw the latest repaid loan monies. FC is much criticised, but with a fairly active SM its possible to get a good spread of secured property loans at half decent rates at the moment.
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Dec 14, 2016 16:36:03 GMT
They must have heard the complaint. New loan at 4.5%  |
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Steerpike
Member of DD Central
Posts: 1,961
Likes: 1,680
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Post by Steerpike on Dec 14, 2016 16:45:46 GMT
They must have heard the complaint. New loan at 4.5% Looks like the borrower is paying 7.68% for a 12 month loan and the LTV is 54%.
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Post by slumberingaccountant on Dec 14, 2016 16:55:09 GMT
Glad I turned off auto-invest a few weeks back.
Just had £600 repaid on a loan. Swiftly followed by another new listing at 4%. Very low LTV but im now pulling funds out.
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