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Post by red_panda on Dec 1, 2015 10:09:16 GMT
I'm in a situation where I do not plan to add additional funds to SS, but would very much like to reinvest the interest, which will be lower than £100. Trying to catch a part on this highly liquid second market is not fun, so I'm thinking whether I can just set £100 at pre-fund for a single loan and get just the part equal to my interest from previous loans.
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Post by red_panda on Dec 1, 2015 9:49:18 GMT
If I set prefunding for a loan XY at £100 , but in the and only have £50 available funds and do not add anything, will I get to keep the £50 prefunded in a loan or will i loose the entire £100 part?
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Mintos
Defaults
Nov 30, 2015 20:09:09 GMT
Post by red_panda on Nov 30, 2015 20:09:09 GMT
from most late, to least late Personal > Car > Business > Mortgage
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Mintos
Defaults
Nov 30, 2015 11:32:17 GMT
Post by red_panda on Nov 30, 2015 11:32:17 GMT
I'm in 18 loans (cars, business & mortgage) of which 3 are late, slowly increasing the diversification.
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Post by red_panda on Nov 24, 2015 19:32:14 GMT
Thanks for your replies, I really appreciate your communication here on these forums. The Capitalia interview is exactly what I was looking for!
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Post by red_panda on Nov 24, 2015 18:27:27 GMT
Thanks for shedding light to the bailiff process for mortgage loans. How about the other loan originators (LO) where there is a collateral, like Capitalia - business loans. Would Mintos as a platform request information on the bailiff progress from the LO?
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Post by red_panda on Nov 19, 2015 19:52:47 GMT
Anyone knows or Martins can shed light to the processes behind 60+ loans with a collateral? How quickly would a collateral be collected / sold and relevant principal + interest be paid out? What information is shared with the loan part owners during the process? I already see number of 60+ loans in the loan book, where one has received only partial payments for the past 6 months.
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Post by red_panda on Nov 19, 2015 14:45:18 GMT
Just noticed the affiliate section is gone from the new site. Hardly surprised given how much liquidity there is in this platform.
It's there after all, hidden under My Account -> Rewards.
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Post by red_panda on Nov 11, 2015 21:48:32 GMT
Yep, you are correct. Could Martins explain?
My wild guess is that Creamfinance have found a different source of funding at a better rate, so they took away all the loans from primary market.
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Post by red_panda on Nov 6, 2015 8:19:20 GMT
I'm also not happy with the decreasing rates. Also, there haven't been many if any new business loans or mortgage loans lately. The primary market only has 8 of these available at the moment. This convinced me to snap up some from the secondary market at premiums with YTM close to 15%.
The personal loans at 12% aren't worth it at all, when I can invest in personal loans at 13 to 14.9% at Twino.
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Post by red_panda on Oct 27, 2015 22:40:07 GMT
33% , but then again I only started a month ago, so far just 3 platforms, small money.
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Post by red_panda on Oct 27, 2015 13:01:19 GMT
That's pretty much how I see it yep.
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Post by red_panda on Oct 26, 2015 19:09:17 GMT
I see large portion of loans in the SM being sold at a premium, even if loans are periodically late. Is it people hoping someone will mistakenly buy these loans at a premium or are simply the sellers in misunderstanding? Or is there something I'm missing?
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Post by red_panda on Oct 26, 2015 17:52:45 GMT
I always understood it correctly. Loan can get 6 extensions, if it is late 7th time it will no longer be allowed to be extended and Twino will buy it back.
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Post by red_panda on Oct 26, 2015 16:27:45 GMT
I'd like to be able to sort my investments page by individual columns and to be able to filter out repaid loans as I don't have a need to really follow them anymore.
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