upland
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Post by upland on Jan 23, 2023 8:45:18 GMT
Thats happening for me too.
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upland
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Post by upland on Sept 8, 2022 12:24:35 GMT
Where are you getting 3.3% fixed with FSCS protection? Guessing it's Raisin/Tandem? Aldermore , Investec and others via the HL active savings account. There is a minimum.
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upland
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Post by upland on Sept 6, 2022 6:56:58 GMT
True reviewing the live loans I see many of these unattractive returns while the risk free interest returns are climbing. Fixed 1 year terms are 3.3% and I expect 4% by the end of the year. Similarly I see with LI many of these unattractive offerings while rates are rising and I just cannot take them seriously. When I recall the number of p2p platforms that have failed and the number too that have used our money to advance themselves and now dont need us the writing is on the wall. Its just business.
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upland
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Post by upland on Sept 3, 2022 10:20:02 GMT
Some fixed term are offering over 3% now with 85k protection. Loanpad recent rate increase helps a bit but if bank rates rise again the risk with Lp may be questionable if its worth it. I have investing here for the last few months however I am starting to have some concerns. LP is new and never navigated rising rates. It would not be the first p2p to steam into problems. Currently 3.3 % for 1 year fixed term with 85K protection and at the current rate of rise of interest rates over the last 6 months I think that it be nearer 4% by years end. I do wonder what could happen to their business. Does anyone have any idea how one could infer that things were not going to plan ?
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upland
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Post by upland on May 14, 2022 12:24:06 GMT
Getting hard to invest in quality loans now latest offering second charge 75% LTV not for me Agree , I let it go and will avoid ones like it.
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upland
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Post by upland on May 6, 2022 13:35:59 GMT
Indeed , there were a few second charges of late too. Caution is wise. Still I see from the press that there is to be some commercial buy to let loans here soon ?
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upland
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Post by upland on May 5, 2022 6:26:40 GMT
I have to admit that I withdrew some money from the platform for the first time in ages in a fit of pique at the lack of availability. This is my finding too and I have been contemplating removing some cash too. These loans do seem to get snapped up very quickly , probably their automatic loans doing it. I dont fancy auto loans as I have no idea what one may end up with after a while. My email and other notifications have stopped working so maybe they dont need my funds. It could all be for the best.
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upland
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Post by upland on Jan 23, 2022 21:17:58 GMT
I hardly understand what the outcome means in todays email but the words Unfortunately probably say that the matter is not over. Which email upland? I think I missed that one. Its the one mentioned above "Status update on borrower" , arrived Friday afternoon about half 2.
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upland
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Post by upland on Jan 21, 2022 17:02:39 GMT
Ditto , I left just over a pound.
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upland
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Post by upland on Jan 21, 2022 15:16:09 GMT
I hardly understand what the outcome means in todays email but the words Unfortunately probably say that the matter is not over.
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upland
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Post by upland on Jan 10, 2022 16:12:19 GMT
Many thanks Ace , I will investigate.
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upland
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Post by upland on Jan 10, 2022 13:51:53 GMT
Has nobody any experience of Invest&Fund ?
I see it gets a good rating on the 4th way (but then so did LW).
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upland
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Post by upland on Jan 6, 2022 13:16:05 GMT
I have had trouble too being sent back to do the test again after I passed. Firefox seems not to work with it now. Managed to get in with another browser.
I must say that it does seem a bit rich coming from them when they cannot keep their own house in order.
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upland
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Post by upland on Jan 6, 2022 11:39:42 GMT
I think that they are just throwing us a few scraps after using our funds to get to a stage when they can raise institutional money. The direction seems down.
I couldnt understand why they sent one of those "How are we doing/would you recommend us" emails a few weeks ago.
Theyve been institutional from day one as Lendinvest was the platform for Montello who funded the loans before using lenders to release funds. They have never been P2P but an AIF. True but I have always thought that there would have been some merit on keeping small investors onboard as if the institutional money dried up for some reason that the small investors would remain being larger in number and smaller in inside knowledge. As with FC. However as we all know many p2p platforms are leaving the game sadly.
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upland
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Post by upland on Jan 4, 2022 19:34:16 GMT
I think that they are just throwing us a few scraps after using our funds to get to a stage when they can raise institutional money. The direction seems down.
I couldnt understand why they sent one of those "How are we doing/would you recommend us" emails a few weeks ago.
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