gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Jan 18, 2017 13:13:50 GMT
As far as I know, they stopped accepting non-UK residents around the summer 2016.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Jan 10, 2017 23:03:22 GMT
Finished the questionnaire. Took 5 mins, very simple and straightforward.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Jan 1, 2017 18:17:42 GMT
Let's see what 2017 has in store. I am looking forward to:
Manchester United winning the league from a 13 point deficit Teresa May explaining why Brexit doesn't mean Brexit Trump and Putin's bromance Sir Andy winning Wimbledon A few elections in Europe And, please god less celebrity deaths.
Have a great one everyone.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 30, 2016 21:52:21 GMT
Never use auto invest, I don't think I will trust it until I can specify:
Interest Rate (e.g. 7%+) LTV Max amount
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 28, 2016 19:41:44 GMT
Had one child, bought a house and my wife got diabetes all in the space of 6 months.
Never regretted my son, he has been brought up with manners, love him and my wife to bits.
My job is to get my investments to a point whereby should I "go", they are both comfortable for the rest of their lives.
In the meantime, yes, I want a bigger TV, nicer meals etc!
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 26, 2016 21:06:54 GMT
I am running at 10.9% across about 45 loans.
SM is ok on everything except some loans which are fairly large or have had repayment issues and are monitored.
For the record, I have 3 suspended loans at the moment but probably only 1 with real issues.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 25, 2016 18:59:41 GMT
Ah then yes, someone needs to monitor valuations as this progresses. You cannot base a loan on stock movements if the stock is being run down or replaced with lower value items.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 25, 2016 12:29:30 GMT
I have invested in this loan, my thoughts:
1) Stock should be monitored quarterly by AC/ borrower. LTV should be changed accordingly. This should be standard procedure so not concerned. 2) Unlike property, the value of the diamonds should not be effected by the effects of recession. 3) The 11.5% interest is high enough to warrant the risk for me. Had it been sub 10% or 10% maybe I would have invested at a lower rate. 4) 64% LTV is also decent, gives a good margin of error.
Overall I am happy with it.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 23, 2016 13:24:47 GMT
Yep, nice to see someone proactively interacting on issues.
Have a great Christmas and New Year.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 20, 2016 22:47:44 GMT
I think you left your caps on@jamesc.
It has been live about 10 minutes, give them time.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 19, 2016 18:41:18 GMT
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 18, 2016 13:38:31 GMT
My first transfer to Funding Secure on Friday, was in my account on Saturday at 00.30am. In comparison: AC - 3-4 days LI - 3 days I am in shock (my bank is , how it managed to get there in 24 hours is a miracle).
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Dec 14, 2016 19:19:06 GMT
I am annoyed, more so given the lack of explanation. I had a decent 6 figure sum in LI and now I reckon I will be empty by September next year.
Mike
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
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Post by gibmike on Dec 14, 2016 19:10:30 GMT
Loan repaid: 19:27
Login: 20:04
Checked 4% and 4.5% loans:20:05
Money withdrawn: 20:06
Another £18,000 withdrawn today, so far I have taken 30% out in the last 30 days.
Gutted and annoyed.
LendInvest - sort this out...
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 255
Likes: 159
|
Post by gibmike on Dec 11, 2016 20:57:44 GMT
Very, very, very (repeat) slow. Put £10k in each (GBBA and GEIA) some 4 weeks back, had £370 or so invested in the GBBA now, nothing in the last 5 days. GEIA is much better, almost 2k in the same time.
Regards,
Mike
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