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Post by jockstrap on Aug 26, 2017 21:00:21 GMT
8.4%. I bet they don't last the 5 year term. My impression is that today's activity is the result of matching investors to loans vacated by those who headed for the door when the free sell-out was offered. This explains why the "new" loans I've taken on today in the 5 year market have been for only 36-45 months. If this is correct, the borrower's terms are presumably unaffected and there is no new incentive for them to re-finance at a lower rate. Wiser heads will no doubt be able to correct me if I've misunderstood things - which is quite likely!
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warn
Member of DD Central
Curmudgeon
Posts: 604 
Likes: 628
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Post by warn on Aug 13, 2022 7:08:05 GMT
In five years, I prophesy that the following WILL still exist. In alphabetical order: Assetz Capital Ratesetter Zopa I have no confident view of any others. If there is still a "here", and indeed still an "I", then I'll come back here five years from today to either crow or eat my liver. Unless Google Calendar has also packed up by then, of course... So, just one out of three. How pitiful. ashtondav added Funding Circle, so in a sense he only got one out of four, but I take no satisfaction from that. Well, maybe a little  My only consolation is that this thread is probably as defunct as the departed platforms, so very few will read my grovel of shame. Right, off to buy some fava beans and a nice Chianti...
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Post by GSV3MIaC on Aug 15, 2022 17:57:30 GMT
Depends what you define as 'exist'. Zombies abound, and some now exist as weird bank like things.
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Post by df on Aug 16, 2022 11:26:22 GMT
Depends what you define as 'exist'. Zombies abound, and some now exist as weird bank like things. I now have 5 times more funds in Zopa than I had 5 years ago. I find their savings account a much better offer than low rate p2p instant access they were offering in 2017.
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
Likes: 463
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Post by coogaruk on Aug 18, 2022 13:30:32 GMT
Depends what you define as 'exist'. Zombies abound, and some now exist as weird bank like things. I now have 5 times more funds in Zopa than I had 5 years ago. I find their savings account a much better offer than low rate p2p instant access they were offering in 2017. That's about where I am too. It was sheer luck/co-incidence though that they rolled out their Smart Saver around the same time as I was looking for a decent Easy Access rate. It's now even paying more than I get on a 3-yr fix I took out about 18 months ago!
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Post by df on Aug 19, 2022 16:11:04 GMT
I now have 5 times more funds in Zopa than I had 5 years ago. I find their savings account a much better offer than low rate p2p instant access they were offering in 2017. That's about where I am too. It was sheer luck/co-incidence though that they rolled out their Smart Saver around the same time as I was looking for a decent Easy Access rate. It's now even paying more than I get on a 3-yr fix I took out about 18 months ago! I like this product. Very innovative and in tune with current situation. I use it mainly for 31-day notice "pots", can't go wrong with 1.95% locked for 1 month.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on Aug 19, 2022 21:17:00 GMT
That's about where I am too. It was sheer luck/co-incidence though that they rolled out their Smart Saver around the same time as I was looking for a decent Easy Access rate. It's now even paying more than I get on a 3-yr fix I took out about 18 months ago! I like this product. Very innovative and in tune with current situation. I use it mainly for 31-day notice "pots", can't go wrong with 1.95% locked for 1 month. Hmm. You have to price in your time for the housework involved but seems like a good strategy.
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