jcb208
Member of DD Central
Posts: 821
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Post by jcb208 on Sept 19, 2014 19:11:27 GMT
Never really thought about it before but how do you tell how many borrowers are linked to each contract. I have lent out a couple of largish amounts when maybe I should of been extra cautious and split it up a bit.Also are you ever told of bad debts or do ratesetter just pay out the full amount as I had 2 contracts repaid early the same day last week
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jcb208
Member of DD Central
Posts: 821
Likes: 608
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Post by jcb208 on Aug 9, 2014 9:48:23 GMT
Well I dropped my rate from 6.3 to 6.0 yesterday to lend out my re payments quicker and was lent out the same day.Was getting 6.3 easy 2 weeks ago.Like many others I am also withdrawing my money from Zopa and investing it in to Ratesetter as it comes available
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jcb208
Member of DD Central
Posts: 821
Likes: 608
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Post by jcb208 on Jul 31, 2014 16:08:52 GMT
Thanks so basically pot luck
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jcb208
Member of DD Central
Posts: 821
Likes: 608
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Post by jcb208 on Jul 31, 2014 14:53:32 GMT
What I am trying to work out is, say there is for example 500 people who have auto re investment at a rate of 6.3% which is due on the same day how would queue position be worked out
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jcb208
Member of DD Central
Posts: 821
Likes: 608
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Post by jcb208 on Jul 31, 2014 11:15:14 GMT
How do Ratesetter work out in what position in the queue your re invested capital and interest is placed each day, just that now and again I seem to be at the back at my market rate
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jcb208
Member of DD Central
Posts: 821
Likes: 608
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Post by jcb208 on Jul 26, 2014 10:51:49 GMT
That is news to me as well ,just read in in FAQ "Note, your first three debit card transactions are free of charge. All debit card deposits over £1,000 are also free of charge"
Must be a new thing as I was charged £1.50 last week for a £2000 transfer by debit card
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