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 Jul 12, 2017 15:09:16 GMT
Looks like FS think there is something behind the excuses.
Still plenty of wiggle room for capital to be repaid...
|
|
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 Jul 10, 2017 20:48:05 GMT
If I could go back 25 years, the things I would tell myself...
|
|
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 Jun 24, 2017 13:42:13 GMT
Someone needs to kick the box or pour coffee into the little holes at the front. Always works for me.
|
|
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 Jun 24, 2017 7:06:22 GMT
I "think" I am missing imterest of roughly 1.5 days so far as nothing has changed today regarding my interest balance. Mike <iframe style="height: 360px;"> </iframe>
|
|
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 Jun 22, 2017 16:53:05 GMT
Glad to hear janeybeans! Are you looking for safer or riskier or a % return target? There are a few threads about on here which can help. Mike
|
|
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 Jun 21, 2017 22:32:36 GMT
janeybeans I started to move to AblRate and FundingSecure in December as I could see the writing on the wall with LI. Last year I loved their cautious approach but now, I see double the returns with other platforms and I am happy to accept the risks. Sad but true. You will get yout money back dont' worry I doubt they have that type of problem.
|
|
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 Jun 20, 2017 17:39:05 GMT
Thanks jayjay, I think I can see what the issue is which helps.
|
|
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 Jun 20, 2017 16:29:12 GMT
I have just noticed a change in both investment size and interest due. Both slightly out by just under £160.
Should I email it over or just wait it out and see?
|
|
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 Jun 19, 2017 19:49:33 GMT
I'll be investing once my Ablrate funds clear this week, not a huge amount but it offers diversity from my property loans.
|
|
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 Jun 19, 2017 19:44:01 GMT
I have dealt with this type of setup before charles and it is indeed another layer of security. With another investment I have, they use a 3rd party solicitors to manage the client account and although somewhat slower it does mean that people cannot simply run off with your cash or use it to pay their overheads. Mike
|
|
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 Jun 18, 2017 21:18:58 GMT
I approach every platform in the same way which is to spread my loans over such a volume of loans that the loss is covered within a month.
This way I see each platform as a 11 month return and this ignore the ins and outs of defaults. In my eyes this is the concern of the platform, not me.
So far I have had many, many defaults but as yet £0 loss. Yes, I suppose I am lucky but I am also one who spreads my loans around.
Mike
|
|
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 Jun 18, 2017 21:10:50 GMT
|
|
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 Jun 18, 2017 21:09:53 GMT
Agreed ben but the wording is far from comforting. By the end of this year they will have lost a 6 figure investor over the course of 12 months due to falling returns and shockingly poor communications. Mike
|
|
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 Jun 12, 2017 18:32:44 GMT
Two more loans this week with have been drawn past their completion date:
G*****l Road L*****dr, R*****n
I have received two "woolly" emails today (2 and 3 days prior to completion) explaining that they will go over and "A further update will be provided in due course.". Due course?
Regards,
Mike
|
|
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 Jun 5, 2017 19:49:10 GMT
I have had an investment in Empiric Student Property: www.empiric.co.uk/Pays me about 6% dividend per annum plus a small capital growth.
|
|