muh3
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Post by muh3 on Apr 11, 2017 14:10:45 GMT
And it looks like Lending Crowd have listened - just received an e-mail Self Select ISA launching in May. Yes, some good news. I hope the current portfolio can just be switched to the ISA.
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kaya
Member of DD Central
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Post by kaya on Apr 11, 2017 14:32:56 GMT
I assume that you guys who are still keen on this place have not yet sufferred a raft of defaults?
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Post by laidbackgjr on Apr 11, 2017 14:48:37 GMT
I've had small amounts in a couple of loans that have defaulted - but that's all part and parcel of p2p lending - at the moment I only have a small amount invested in LC - but I do like the platform. My biggest question mark is the lack of any recovery yet for loans that have defaulted despite the supposed guarantees - until I see some improved recovery I will not be investing anymore - but currently sitting on an acceptable return so far.
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muh3
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Post by muh3 on Apr 11, 2017 14:52:18 GMT
I assume that you guys who are still keen on this place have not yet sufferred a raft of defaults? I still got 8 months to go before my promotions is over. As laidbackgjr said we need to see if they get anything recovered in the future.
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TheDriver
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Post by TheDriver on Apr 11, 2017 16:47:12 GMT
And it looks like Lending Crowd have listened - just received an e-mail Self Select ISA launching in May. Yes, some good news. I hope the current portfolio can just be switched to the ISA. Unfortunately NOT, as you can only put cash into an IFISA - unless there's a change in the rules.
Which means selling up - if you can! - and buying back at the market average; losing your carefully sought-out top-rates presumably not worth the tax-saving
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muh3
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Post by muh3 on Apr 12, 2017 12:11:54 GMT
Yes, some good news. I hope the current portfolio can just be switched to the ISA. Unfortunately NOT, as you can only put cash into an IFISA - unless there's a change in the rules.
Which means selling up - if you can! - and buying back at the market average; losing your carefully sought-out top-rates presumably not worth the tax-saving
Yes unfortunately you are correct.
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Post by laidbackgjr on May 25, 2017 15:03:24 GMT
And the self select ISA is now available - I'm thinking I will be slowly transferring my existing investment across as repayments come in on existing investment I will re-invest in the ISA.
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muh3
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Post by muh3 on May 26, 2017 16:41:06 GMT
And the self select ISA is now available - I'm thinking I will be slowly transferring my existing investment across as repayments come in on existing investment I will re-invest in the ISA. I just started doing the same thing.
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TheDriver
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Post by TheDriver on Aug 7, 2017 8:25:53 GMT
Is the Self Select IFISA still available? I was just browsing when I received a link to the new bonus offer, but it only offered the other three (SS & Growth accounts, plus Growth IFISA) and despite further investigation I couldn't find the fourth combination - strange!
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muh3
Posts: 52
Likes: 13
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Post by muh3 on Aug 7, 2017 8:29:31 GMT
Is the Self Select IFISA still available? I was just browsing when I received a link to the new bonus offer, but it only offered the other three (SS & Growth accounts, plus Growth IFISA) and despite further investigation I couldn't find the fourth combination - strange! Yes still available.
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Post by albermarle on Aug 7, 2017 11:36:54 GMT
Is the Self Select IFISA still available? I was just browsing when I received a link to the new bonus offer, but it only offered the other three (SS & Growth accounts, plus Growth IFISA) and despite further investigation I couldn't find the fourth combination - strange! When I first signed up to LC a couple of months ago it was actually not that straightforward to register for the self select ISA. Although it was clearly mentioned as being available, the sign up process did not include it the choice of accounts . I found a way around it somehow. I mentioned it to LC and they said they would work on it . Maybe they prefer you sign up to the other accounts , or is that too cynical ?
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TheDriver
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Post by TheDriver on Aug 18, 2017 3:38:24 GMT
And now, (coincidentally!?!) I notice the fourth account option appears on the sign-up and info pages; maybe their development program has a turnaround of a couple of months!
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