upland
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Post by upland on Dec 7, 2021 10:51:48 GMT
My money is on Assetzcapital being the next one. That would be sad but loans from them have been thin on the ground for a long time now. Would you know if they use a lot on institutional money now and do not need us any more ?
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upland
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Post by upland on Dec 7, 2021 7:38:03 GMT
Another P-P becomes a bank then decides to bin the folk who helped build it so it can keep the profits itself. Ratesetter did it, now zopa have done it to me. Yes it feels personal! Pah! I agree , some of the p2p firms have used their faithful investors to get to better things. I know its just business but it does irritate. I wish that I had been a bit more mercenary.
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upland
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Post by upland on Dec 7, 2021 7:31:30 GMT
I suppose that we knew this , they have been only managing re-investing about a quarter of mine and one can only remove it all. They are just using our funds to transition their business. Sad to see Z go though as I have had an account for 10 years. I wish LW would repatriate funds too as it will save the uncertainty.
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upland
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Post by upland on Dec 1, 2021 18:01:30 GMT
I wondered what would happen if the registration that allows the VAT to be returned was rejected after it had been approved due to some new undisclosed factor turning up. I am not experienced enough to suggest what but if some sort of technicality were to arise a few weeks after kick off and the VAT couldnt be reclaimed. I suppose one would have to rely on the PG
I had a lot of PGs with my FC loans and I dont have a lot of FC loans any more.
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upland
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Post by upland on Nov 20, 2021 12:48:10 GMT
I too am pretty happy with them , professional efficient over the years. I do find at the moment that there are very few loans becomming available. They must have other sources of funds.
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upland
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Post by upland on Oct 11, 2021 18:46:08 GMT
On the up side that has kept us on our toes and given us some mental stimulation. There is so little to do in p2p nowadays , nothing like it used to be.
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upland
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Post by upland on Oct 11, 2021 18:00:41 GMT
Same for me , maybe they have forgotten how to do it. I have emailed AC and they will respond within 10 working days.
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upland
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Post by upland on Oct 9, 2021 7:20:56 GMT
I reckon that only about 25% of my reinvestments actually are and I have had to remove cash. Its coming back in spades. As with some other platforms I am not sure that I trust them anymore. Its just business I suppose.
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upland
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Post by upland on Oct 8, 2021 6:29:06 GMT
Indeed BarnsleyB I have had accounts with RS and Z for may years. Z has always produced something. RS was great in the early days but I found it complicated in the end. Difficult to use. I am finding that reinvestment is not working in Z and I just get lots of cash which I now remove. Very sad as Z has been a steady player for me. Others are doing the same and with some decent players leaving the market I wonder whether its all over.
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upland
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Post by upland on Oct 8, 2021 6:03:25 GMT
I wonder how peer to peer returns compares to stock and shares over a reasonable period. I think overall that I have made money in p2p just like with shares where I have had losses but more gains. I suspect that it can be not dissimilar. The thing I do not like is all this legal stuff being shoved around and all the mess it makes. For some relatively small sums the upset and involvement in areas that the small investor should not have to get into. I think its designed to intimidate and its a dreadful use of the law. I have enquired and I dont think that one can be sued for owning shares in a company but you do wonder sometimes.
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upland
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Post by upland on Sept 28, 2021 18:14:47 GMT
Indeed. I dont really know why Flexible should have had capacity when Growth did not. Maybe its all come to a head. I dont know why LW are returning some funds to me but perhaps its a sign.
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upland
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Post by upland on Sept 28, 2021 6:01:23 GMT
Very odd , I have just had an email from LW saying they are processing me my money transfer however I am currently set to re-invest into flexible.
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upland
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Post by upland on Sept 28, 2021 5:42:45 GMT
Much the same for me too.
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upland
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Post by upland on Sept 25, 2021 8:01:37 GMT
I am not sure how this sale helps me as an investor. I see that they are talking about it in the monthly update. Thoughts anyone ?
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upland
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Post by upland on Sept 25, 2021 7:59:06 GMT
Monthly update for August confirms 0 new offers. I am not sure where we are going here.
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