starfished
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Post by starfished on Jun 19, 2016 11:06:57 GMT
Have you tried searching the platform in question to see other people's comments on the subject Nothing I can see so far on this firm which makes me think one-off situation
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starfished
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Post by starfished on Jun 19, 2016 10:47:18 GMT
I asked a particular P2P for a withdrawal, a very small amount, using the same method I have always done. In the past this has usually taken a few days (more than 3 but less than 5 working days) to hit my account. On this occasion it has now been longer... On day 1 I made the request, on day 2 I was told I had to request it using a different method to the one I had used before. On day 10, I chased and was told they would investigate. Day 13 no money and no answer so far (obviously some of these days are over a weekend). Given it is Sunday, it will probably get sorted tomorrow but curious on people's views.
I don't want to cause an unnecessary panic. It may well be a bank issue on my side rather than their side which is causing an issue. Please don't ask me which as I don't think it is yet fair to say which one. Once I have an update will let you know.
However, it did get me thinking what would be an appropriate amount of time to make which firm public? In these circumstances if someone (the accuser) has made a mistake, it could cause a fledgling firm/industry to fail by causing a run on the firm. However, by saying nothing when someone thinks something is amiss are you also failing in a duty to other investors? In short, how long would you wait?
Edit - I invest in more firms than I have posted on in the past...
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starfished
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Post by starfished on Jun 17, 2016 20:19:55 GMT
"Differences emerge by housing tenure too. Those renting socially (either from a council or housing association) tend to back leaving the EU, while those renting privately are strong supporters of Remain. Those owning their own home, but still paying a mortgage, lean somewhat towards Remain, while those who have paid-off their mortgages back Brexit."
Surely the above is just a proxy for age, bar the social housing aspect which is a proxy for class, both already covered earlier in their paper?
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starfished
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Post by starfished on Jun 17, 2016 11:38:47 GMT
I misunderstood, I thought flipping was going on in some way i.e. buy today sell tomorrow and make a profit...
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starfished
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Post by starfished on Jun 17, 2016 7:01:32 GMT
The larger loans (usually property related) take longer to fill and often reappear on the SM so easier to get. Am I missing something about the the MT SM? I thought there were no premium sales allowed at the moment and the second buyer accrues interest from the purchase date (not after the next payment installment) so what does the first buyer get from bulk buying and then releasing later?
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starfished
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Posts: 296
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Post by starfished on Jun 14, 2016 23:56:56 GMT
If you haven't already seen it (about 2 months old), how this all plays out will be very interesting... FT_Brexit_Graphic
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starfished
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Post by starfished on Apr 1, 2016 21:15:15 GMT
And isn't helped by these comments, which I partially agree with for customers that have acted stupidly (such as responded to a phishing scam, or voluntarily transferred funds to a stranger), but it sets a very dark tone. More encouragement for fraudsters, than banks: " Met chief suggests banks should not refund online fraud victims" gu.com/p/4hzkn?Then perhaps we should get the refund directly from Sir Bernard Hogan-Howe. With such ideas he should not have this role. Police are just annoyed that crime stats will look worse with the addition of cyber crime from later in the year...
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starfished
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Post by starfished on Nov 5, 2015 21:59:32 GMT
Always good to see they continue with their outrageous behaviour!
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starfished
Member of DD Central
Posts: 296
Likes: 216
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Bondora
New view
Oct 24, 2015 17:15:13 GMT
Post by starfished on Oct 24, 2015 17:15:13 GMT
Thanks for the Link. Really helpful. So now they are netting off overdue principal from interest to date. Ridiculously opaque approach…
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starfished
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Posts: 296
Likes: 216
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Bondora
New view
Oct 24, 2015 6:43:20 GMT
via mobile
Post by starfished on Oct 24, 2015 6:43:20 GMT
Bondora seems to have removed its old transactions summary page (or I can't find it) and replaced it with a new dashboard which is lighter on information recently.
For some reason my interest amount has dropped from old view to new.I may have done something stupid but thought I would check with others. Has anyone else had this and why?
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starfished
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Likes: 216
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Post by starfished on Sept 15, 2015 7:03:05 GMT
As annoying as it is, I would let them go. You wouldn't want to be in a situation where they decide to "stay" conjure up problems with the property and then refuse to pay rent. The eviction process can get very expensive.
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starfished
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Post by starfished on Mar 16, 2015 16:48:52 GMT
This seems to have jumped up in the last two weeks, 4 out of 5 loans coming to me via my portfolio (set to just aa or a) are now being cancelled...
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starfished
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Post by starfished on Feb 22, 2015 21:20:39 GMT
well ok but when they set each SPV up they have to write certificates and register entries for about 50 people. Which they do about twice a week now. Do you believe for an instant that they are spending £5000 a week £250,000 a year on this bit of admin? Me neither Well the fee is really three things (i) an approx. indication of actual cost + (ii) opportunity/distraction cost + (iii) to what extent or not they want to incentivise the behaviour Obviously they have decided they don't want to be spending their time transferring shares around on old transactions (and to be fair I think that is well within their right if that is their business model). It just would have been more honest and less bad press for them to say no secondary market and refuse any requests.
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starfished
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Posts: 296
Likes: 216
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Post by starfished on Jan 5, 2015 1:00:51 GMT
I thought I had read somewhere that Bondora only used information available at the time of the application to set the now rating (so good behaviour since application doesn't affecting the rating given)?
As someone who targeted A 1000 loans (even accepting that this was no information about past credit problems rather than an indication of a good prospect), like others I am surprised at the proportion of my loans now marked as HR.
Having said that, looking at my own lates/defaults there does seem to be something to their new categorisation even with a relatively small sample size (c. 400 loans, excluding sold loans).
AA 0% A 0% B 0% C 3% D 6% E 23% F 22% HR 36%
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starfished
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Posts: 296
Likes: 216
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Post by starfished on Dec 31, 2014 11:24:36 GMT
Now that the stats page has been changed to show only by credit rating (rather than credit score as before, personally I think they should show both for at least a year) does anyone now how to get the CSV file when downloading your own investments to include credit rating yet? Thanks
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