edward
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Post by edward on Nov 16, 2017 15:08:36 GMT
Well, today was a special day.. More invested than returned and my cash balance made a big jump downwards! If this continues I'll be very happy. Well done Unbolted and please more of the same. I have been gradually happily topping up my account every few weeks , but this week have had a number of quite large repayments and have just made my first withdrawal, to avoid too much cash drag. I am quite content with this situation though, hopefully more larger loans will be offered in future, and I am talking about repayments rather than all the noise about defaults elsewhere.
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rgog
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Post by rgog on Nov 17, 2017 12:10:21 GMT
Just had 7 loans go out, having topped up the account a few days back and it just hung there it is now virtually empty again! So far have been happy with the loan availability and the level of turnover but must admit only been with the site a few months.
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Post by beeje13 on Nov 18, 2017 15:16:42 GMT
I have noticed that quite often on Fridays UB push through alot of loans. I got 9 yesterday! Fortunately I anticipated this and topped up my account ready
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Post by dan1 on Jan 31, 2018 16:09:45 GMT
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stub8535
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personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on Jan 31, 2018 16:18:04 GMT
A little concerning that the yield from a watch was lower than valuation. I wonder if the market is moving downwards or its just monthly cycling as normal?
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ali
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Post by ali on Jan 31, 2018 16:20:05 GMT
The assets sold only talks about the Breitling Avenger so presumably the Colt has yet to be sold and should cover the interest. Either that or Unbolted are being sloppy in their reporting.
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Post by dan1 on Jan 31, 2018 17:18:26 GMT
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stub8535
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Post by stub8535 on Jan 31, 2018 18:36:38 GMT
The religious reason loans will have paid a profit share sum equivalent to other gold loan securities afaik.
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ding
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Post by ding on Feb 11, 2018 11:54:00 GMT
I've been on UB for around 9 months now. Hopefully the defaults will become good.
I have 8 pages of defaults now (https://unbolted.com/uk/lenders/overdue-loans/)
2DFDC35C9 - A breitling Avenger, A breitling Colt Which paid out the trust. I didn't receive interest, but got my capital back. Only had £7.93 in it, so not going to loose sleep over it. As mentioned here the Colt was never listed as sold. I wonder if they returned it back to the owner as it's not on the overdue-loans page anymore.
Just got firefox to do a count: 2dfd - 534 Overdue - 33 Repaid - 174 Default - 8
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Feb 16, 2018 17:19:40 GMT
My "Overdue Loans" list is definitely gradually on the increase but at this juncture I'm not overly worried.
I am, however, now monitoring the Defaults/Recoveries wrt Valuations much more closely.
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Post by banffy on Feb 17, 2018 11:02:26 GMT
I've been on UB for around 9 months now. Hopefully the defaults will become good. I have 8 pages of defaults now (https://unbolted.com/uk/lenders/overdue-loans/) 2DFDC35C9 - A breitling Avenger, A breitling Colt Which paid out the trust. I didn't receive interest, but got my capital back. Only had £7.93 in it, so not going to loose sleep over it. As mentioned here the Colt was never listed as sold. I wonder if they returned it back to the owner as it's not on the overdue-loans page anymore. Just got firefox to do a count: 2dfd - 534 Overdue - 33 Repaid - 174 Default - 8 Mabe it did go back to the owner and mabe it really really really did not default and they pocketed all your interest too!!!
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stub8535
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personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
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Post by stub8535 on Feb 17, 2018 15:23:50 GMT
I've been on UB for around 9 months now. Hopefully the defaults will become good. I have 8 pages of defaults now (https://unbolted.com/uk/lenders/overdue-loans/) 2DFDC35C9 - A breitling Avenger, A breitling Colt Which paid out the trust. I didn't receive interest, but got my capital back. Only had £7.93 in it, so not going to loose sleep over it. As mentioned here the Colt was never listed as sold. I wonder if they returned it back to the owner as it's not on the overdue-loans page anymore. Just got firefox to do a count: 2dfd - 534 Overdue - 33 Repaid - 174 Default - 8 Mabe it did go back to the owner and mabe it really really really did not default and they pocketed all your interest too!!! An admin error happened on this loan which meant ubl needed to fix things so that no money was lost by investors. If only other platforms would do the same.
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stub8535
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Posts: 1,442
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Post by stub8535 on Feb 17, 2018 15:28:45 GMT
My "Overdue Loans" list is definitely gradually on the increase but at this juncture I'm not overly worried. I am, however, now monitoring the Defaults/Recoveries wrt Valuations much more closely. Ditto ozboy. Concerned at the same text appearing on loans that are overdue which indicates same borrower. Some loans seem to have a little too much leeway. My overdues approaching 10% of invested money. Like you I am not concerned that the money will be recovered with intetest but monitoring has increased recently.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
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Post by stub8535 on Feb 21, 2018 14:36:38 GMT
My "Overdue Loans" list is definitely gradually on the increase but at this juncture I'm not overly worried. I am, however, now monitoring the Defaults/Recoveries wrt Valuations much more closely. Ditto ozboy. Concerned at the same text appearing on loans that are overdue which indicates same borrower. Some loans seem to have a little too much leeway. My overdues approaching 10% of invested money. Like you I am not concerned that the money will be recovered with intetest but monitoring has increased recently. Read the overdue comments once again today and so many foreborne to a future date. Waiting for funds to be released...... Seems familiar ministry of excuses checklist being utilised by borrowers as it is elsewhere. In balancing fairness ubl know their customers more closely than me. Dates are being set and then missed without sale of the security. My overdues are now nearing 20% of investments now thanks to a large loan going past due. ozboy are your default jumping as well?
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Feb 21, 2018 15:14:54 GMT
I've been a bit busy stub8535 but will check over the next few days and report back. I did get yet another email this morning about another asset to be sold.
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