vmail
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Post by vmail on Apr 24, 2017 14:22:22 GMT
Apparently, the security is £142,857 to allow a round 70% LTV of £100k. This looks made up.
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mikeh
Member of DD Central
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Post by mikeh on Apr 24, 2017 14:28:21 GMT
Apparently, the security is £142,857 to allow a round 70% LTV of £100k. This looks made up. The schedule totals £142,900. Looks fair enough to me.
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SteveT
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Post by SteveT on Apr 24, 2017 14:31:50 GMT
£142,857 will be the figure that must (at least) be maintained as cars are swapped out of stock and replaced by others.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Apr 24, 2017 15:21:34 GMT
I'm tired of Racing Cars  |
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mikeh
Member of DD Central
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Post by mikeh on Apr 24, 2017 15:43:48 GMT
I'm tired of Racing Cars I'm not sure I would classify a Fiat 500 as a racing car! 
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elliotn
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Post by elliotn on Apr 25, 2017 0:48:27 GMT
Apparently, the security is £142,857 to allow a round 70% LTV of £100k. This looks made up. What did you make of the prices on the stock list, do they look reasonable? The cars for the initial selection have presumably been chosen to give a sensible loan amount, certainly similar to other group car assets I've seen on MT and other platforms.
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fogey
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Post by fogey on Apr 25, 2017 1:30:29 GMT
What sort of car do you get for your £200.00 ?  |
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Post by savgeax on Apr 25, 2017 2:23:16 GMT
Valuations seem reasonable, but then we don't know mileage, extras etc So 16k for a 4 series would be reasonable for average mileage. Let's be honest, they would all be sold at auction without any issues. So i don't believe there would be an issue getting rid of the assets if it defaulted.
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GeorgeT
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Post by GeorgeT on Apr 25, 2017 14:19:41 GMT
In for a penny, in for £200.
Let's face it, we're talking 12% here and on a well run, reputable platform.
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fogey
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Post by fogey on Apr 25, 2017 14:35:11 GMT
Guess it will fly quicker than Chutney .... Bots will be working overtime in a couple of days ...
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fp
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Post by fp on Apr 25, 2017 15:11:00 GMT
Down to less than 50k in 4 minutes, don't hold your breath for second helpings tomorrow!
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fogey
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Post by fogey on Apr 25, 2017 15:15:06 GMT
Looks like the bots won't be able to do much now then ... good time to get rid of your unwanted stuff while everyone is in the mood ..
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averageguy
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Post by averageguy on Apr 25, 2017 21:46:04 GMT
Getting shot of stuff on MT hasn't been a problem to date no matter what mood
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spiral
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Post by spiral on Apr 26, 2017 8:06:40 GMT
Looks like the bots won't be able to do much now then ...
I sold £200 of another loan yesterday to fund this and by the time I had changed page, the £200 was already showing in my balance. Even if sat on the loan page in question, I don't see how they can refresh, click invest now, enter an amount and submit before I can click on one of the pending loans page.
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spiral
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Post by spiral on Apr 26, 2017 8:07:31 GMT
Anyone else received 1 days interest for this loan today?  |
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