huxs
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Post by huxs on Oct 2, 2015 14:52:56 GMT
My guess is that creamfinance are just testing the demand but given that Twino currently have a large number of available loans for 14.9% with buy back that you don't have to reinvest every month I would hope that 13% might not be popular enough. But then I maybe wrong.
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huxs
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MoneyThing (MT) in Administration
An idea
Sept 30, 2015 15:37:21 GMT
Post by huxs on Sept 30, 2015 15:37:21 GMT
That gets my vote as well, only 12 months into P2P but my initial excitement of being hands on with each platform is fading fast. I really want to limit my involvement to the minimum possible and being able to default my renewal now would save me having to worry about when the next renewal is taking place.
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huxs
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Post by huxs on Sept 30, 2015 9:19:33 GMT
Yes a bit of a shock to the system to not have a loan filled in the first 20secs, my guess is that the MP loan this afternoon will be more popular.
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huxs
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Post by huxs on Sept 30, 2015 8:45:24 GMT
JamesFrance try the invest all button, I used that the other day and it took no more than 10sec to invest in all the available loans that I wanted. Saying that not sure if it gets more complicated when you say you want to invest 100 in all loans and some loans are smaller than that, I assume it sorts that out but not tried that yet. So far the invest all button has worked well for me and is a lot less time consuming than almost any other P2P site out there.
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huxs
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Post by huxs on Sept 29, 2015 9:11:38 GMT
That's Crazy, I followed oldgrumpy advice (which in itself is not crazy , changed my rate to 6.5 from 6.6 and it matched at 6.6 when is should have matched previously !! Oh well the end results the same but not sure if I want to be checking Ratesetter as closely as this really.
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huxs
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Post by huxs on Sept 29, 2015 9:04:14 GMT
Yes, I have the same. My approach will be that if repayments come in I will need to transfer £100 in (minimum transfer in amount) and then immediately withdraw it all. But given that current repayments on my 1 default are approx. 30p a month I may wait a while before I bother !!
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huxs
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Post by huxs on Sept 28, 2015 19:06:13 GMT
hmm, time for some per-funding logic as per SS I suggest.
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huxs
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Post by huxs on Sept 25, 2015 12:50:14 GMT
Yes I quite like the site.Ease of use,reasonable returns and good customer relations. Just had my first default- Tag Heuer watch. Will be interesting to see how it plays out. Hi jonno any news on how Unbolted dealt with the default you mentioned ? thks
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huxs
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Post by huxs on Sept 23, 2015 13:15:47 GMT
My charting skills are not what they should be so here's mine in a less attractive format:
FS 26% SS 21% MT 16%
FC 13% Unbolted 6% ABL 6% eMoney 6% Mintos 6%
FC is disinvest, MT has been going down due to loans expiring and lack of new loans (but would otherwise be invest), eMoneyUnion loans have dried up and Mintos is very new but may well expand as opportunities, rates and security seem good (just have the ccy risk to worry about).
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huxs
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Post by huxs on Sept 21, 2015 11:31:24 GMT
All unsecured loans now gone from the primary market, I assume there will be some more along shortly ?
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huxs
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Post by huxs on Sept 18, 2015 15:50:28 GMT
Great thanks one last question, if I wanted to move money back to the UK (to GBP) in the future would I get charged by Mintos ? or does Mintos send EURO's to my Sterling bank account and my bank charges me a fee?
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huxs
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Post by huxs on Sept 18, 2015 15:32:54 GMT
Hi Sian, I for one would prefer to have both loans renewed at the same time for the reason you provided, 4 days in a row I have missed out on getting money into the latest renewal's (by seconds or less probably) so was looking forward to maybe getting something next week. Putting them 10mins apart will more than likely mean I just miss out twice more
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huxs
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Post by huxs on Sept 18, 2015 14:16:25 GMT
Ok thanks, so just accept the Currency risk seems to be the easiest option. Next question is how best to deposit money (without getting hit by high transfer fees)??
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huxs
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Post by huxs on Sept 17, 2015 11:00:40 GMT
Hi,
Probably a stupid question but is there any simple way of mitigating currency risk when using Mintos.
I am not sitting on a pile of EURO's and I have no need for EURO's in the future so would have to convert £ into EURO's (probably in small monthly chunks) to use the platform and back again when I take money out (which I have no plans to for the next few years). I am assuming there is no way to mitigate the risk that any profit I made in Mintos would not be eroded by a swing in the exchange rates?
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huxs
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Post by huxs on Sept 16, 2015 9:27:36 GMT
emoney
I am a big fan of your site but was wondering what plans you have to increase loan volumes? While I am not a big hitter so am happy to stay with the site even a current volumes, I can't see how you are anywhere near turning a profit on your current volumes and obviously want you to grow to ensure my investments stay safe
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