snowmobile
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Post by snowmobile on Jun 5, 2017 13:57:33 GMT
Just signed up, apparently I'm not approved yet so I can't log in - message received “we will be in contact with you to assess your requirements” Ugh – don’t want my requirements assessed thank you and I’m currently away so they’ll have a job getting hold of me – not for me I think. Extremely clunky website too. Got the same message too - like you, don't particularly like having to wait for someone to call me to discuss my account and 'assess my requirements'. Also now got an email from the CEO whose name is simply 'Terry'. Call me old-fashioned but I'd like to see his Surname too... Don't think I'll be going any further with my application. My email states "If you have registered as a Borrower or Corporate Lender we will be in contact with you to assess your requirements". Therefore if you have registered as a Private Lender you don't need to discuss anything with anyone - unless you want to of course Assuming they can complete their verification electronically, you should shortly receive another email confirming your account is approved.
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littonowl
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Post by littonowl on Jun 5, 2017 14:27:54 GMT
Got the same message too - like you, don't particularly like having to wait for someone to call me to discuss my account and 'assess my requirements'. Also now got an email from the CEO whose name is simply 'Terry'. Call me old-fashioned but I'd like to see his Surname too... Don't think I'll be going any further with my application. Doesn't that email begin "Dear xxxxx, My name is Terry F*****...."? Doh! Indeed it does! Put it down to a senior moment (or the medication I'm currently on after picking up a hospital infection). Incidentally, my account's now been approved without the need for any call, as previously mentioned...
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Post by nesako on Jun 5, 2017 14:34:58 GMT
Doesn't that email begin "Dear xxxxx, My name is Terry Fisher...."? Doh! Indeed it does! Put it down to a senior moment (or the medication I'm currently on after picking up a hospital infection). Incidentally, my account's now been approved without the need for any call, as previously mentioned... What is your account number? Wondering if I would still be under 100...
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littonowl
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Post by littonowl on Jun 5, 2017 14:37:42 GMT
At the risk of embarrassing myself further today (and not being IT savvy) should I be concerned by the 'not secure' message in the top left hand corner of the address bar (where you normally see https)?!
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 5, 2017 14:42:57 GMT
At the risk of embarrassing myself further today (and not being IT savvy) should I be concerned by the 'not secure' message in the top left hand corner of the address bar (where you normally see https)?! Yes. Being sorted
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Post by nesako on Jun 5, 2017 14:52:54 GMT
What is your account number? Wondering if I would still be under 100... The account number is issued on registration. As I understand it, the 100 Club is based on an actual initial investment being made of £1k or more, up to £5k. There are 50 places for private investors and 50 for Corporates. So take the first loan and if less than £100k has been invested, you have a good chance and if less than £50k has been invested you are pretty much guaranteed a spot. I am clarifying this just now. Got confirmation that I am "eligible" so asked whether I can lose the spot at any time or whether I can wait up to 30 days to invest a larger sum. There is this paragraph in terms: "If the Founding Investor does not invest any funds on a Loan Offer within 30 days of registering for a user account on the Huddle Capital Platform, Huddle Capital shall have the right to transfer the Huddle 100 Offer to other investors, in which case, the Founding Investor shall lose their right to claim the Reward."
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SteveT
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Post by SteveT on Jun 5, 2017 15:00:08 GMT
It was confirmed to me (at the 2nd attempt) this this para is correct. If you're confirmed as a Founding Member then you have up to 30 days to take up your right to the Reward.
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Post by nesako on Jun 5, 2017 15:03:32 GMT
It was confirmed to me (at the 2nd attempt) this this para is correct. If you're confirmed as a Founding Member then you have up to 30 days to take up your right to the Reward. Cool. Now... how much shall someone stick on that one active loan. 41% LTV and 1st Charge over assets seems like comparatively good value to me? Or am I missing something badly?...
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SteveT
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Post by SteveT on Jun 5, 2017 15:11:02 GMT
Having lent to this same company before and had all capital and interest repaid on the nail (on ReBS), I decided 20% was worth risking being hung for a sheep as a lamb 😉
Also I figure a new platform is likely to want to impress with its first loan.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Jun 5, 2017 15:15:14 GMT
What is your account number? Wondering if I would still be under 100... The account number is issued on registration. As I understand it, the 100 Club is based on an actual initial investment being made of £1k or more, up to £5k. There are 50 places for private investors and 50 for Corporates. So take the first loan and if less than £100k has been invested, you have a good chance and if less than £50k has been invested you are pretty much guaranteed a spot. Been changed slightly. No split between corporate and private, just first 100. If youve registered you have 30 days to invest until you lose your slot as Steve says (confirmed to me )
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Neil_P2PBlog
P2P Blogger
Use @p2pblog to tag me :-)
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Post by Neil_P2PBlog on Jun 5, 2017 15:17:16 GMT
Having lent to this same company before and had all capital and interest repaid on the nail (on ReBS), I decided 20% was worth risking being hung for a sheep as a lamb 😉 Also I figure a new platform is likely to want to impress with its first loan. I thought something similar. A little bit surprised how slowly it is funding, as most of it was probably in £5k chunks. Last Thursday the email they sent out to the waiting list said there were still some places on the Huddle 100, and the minimum investment was now £50 (not £1,000 as mentioned above).
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duck
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Post by duck on Jun 5, 2017 16:59:57 GMT
Doesn't that email begin "Dear xxxxx, My name is Terry F*****...."? Please excuse me if I'm having a 'stupid' moment but I know that name as a borrower/refinancer on another platform, are we into contextual naming here?
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macq
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Post by macq on Jun 5, 2017 17:16:59 GMT
think its known as" fingers in many pies"
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SteveT
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Post by SteveT on Jun 5, 2017 17:22:33 GMT
Doesn't that email begin "Dear xxxxx, My name is Terry F*****...."? Please excuse me if I'm having a 'stupid' moment but I know that name as a borrower/refinancer on another platform, are we into contextual naming here? Indeed! Some Chinese Walls to be navigated with care.
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SteveT
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Post by SteveT on Jun 5, 2017 17:52:12 GMT
Indeed! Some Chinese Walls to be navigated with care. So is that not naming a borrower... Should it not be censored? I'm confused! Not if there is no reference made to loans he is connected with.
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