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Post by stevepn on Dec 28, 2017 19:34:48 GMT
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wilja
Posts: 20 
Likes: 19
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Post by wilja on Dec 29, 2017 7:47:32 GMT
Looks like most of this review is either out of date or the writer is not using the platform. IMO I would ignore this review. IMHO this although written in 2016 is much more accurate. p2pblog.co.uk/funding-secure-review/
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Post by Deleted on Dec 29, 2017 9:08:06 GMT
" Also, I’d resist the temptation to invest too much in high return property loans until we get more feedback on defaults from loans made during mid-late 2016." The only worthwhile piece of advice  |
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Post by Deleted on Dec 29, 2017 12:07:02 GMT
I hardly recognise the portal.
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mariner
Member of DD Central
Posts: 168
Likes: 338
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Post by mariner on Feb 20, 2018 21:02:12 GMT
Just noticed an very descriptive review on Trustpilot, correct in every aspect
I think this may be the one that FS was disputing but looks like they have been overruled (quite rightly so)
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adrian77
Member of DD Central
Posts: 3,920
Likes: 4,145
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Post by adrian77 on Feb 20, 2018 21:42:59 GMT
the above review site is clearly a marketing site and about as close to reality as the typical
novel written by Jeffrey Archer...
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Feb 20, 2018 22:25:23 GMT
FS have a spot on TrustPilot - usual blend of 'best thing ever / worst thing ever' reviews culminating in an overall score of 'Average'. (NB: Borrower reviews are included as well as lenders'.) I fell off my chair laughing when I read that!  PS / EDIT: And no prizes for guessing which of Borrower or Lender leaves the green, Five Star Reviews!!!
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michaelc
Member of DD Central
Say No To T.D.S.
Posts: 5,717
Likes: 2,987
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Post by michaelc on Feb 21, 2018 19:22:23 GMT
The review contains this:
"Funds have to be held in GB Pounds on out site – but can be deposited and withdrawn into overseas accounts."
My bold but otherwise an exact copy/paste.
Now, given that t is next to r on the keyboard, is that grammatical error supposed to read "our" thus providing a clue as to who wrote it ?
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james21
Member of DD Central
Posts: 651
Likes: 669
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Post by james21 on Feb 21, 2018 19:50:54 GMT
The review contains this: "Funds have to be held in GB Pounds on out site – but can be deposited and withdrawn into overseas accounts." My bold but otherwise an exact copy/paste. Now, given that t is next to r on the keyboard, is that grammatical error supposed to read " our" thus providing a clue as to who wrote it ? Thats part of the charm of FS, spelling and grammar mistakes, naming the renewals under a slightly different name wrong times to post loans etc
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Post by df on Feb 21, 2018 20:30:46 GMT
The review contains this: "Funds have to be held in GB Pounds on out site – but can be deposited and withdrawn into overseas accounts." My bold but otherwise an exact copy/paste. Now, given that t is next to r on the keyboard, is that grammatical error supposed to read " our" thus providing a clue as to who wrote it ? Thats part of the charm of FS, spelling and grammar mistakes, naming the renewals under a slightly different name wrong times to post loans etc Spelling, timing and other mistakes are charming, but I suspect that multiple names for the same loan are intentional.
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upland
Member of DD Central
Posts: 479
Likes: 175
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Post by upland on Feb 21, 2018 21:40:16 GMT
Thats part of the charm of FS, spelling and grammar mistakes, naming the renewals under a slightly different name wrong times to post loans etc Spelling, timing and other mistakes are charming, but I suspect that multiple names for the same loan are intentional. I think that too.
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mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
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Post by mikes1531 on Feb 23, 2018 18:12:46 GMT
... I suspect that multiple names for the same loan are intentional. Not to mention FS's failure to mention multiple loans to the same borrower. I found out only recently that an overdue maritime memorabilia loan I am in just happened to be made to the same borrower who took out all the railway memorabilia loans!
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upland
Member of DD Central
Posts: 479
Likes: 175
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Post by upland on Feb 23, 2018 18:31:39 GMT
... I suspect that multiple names for the same loan are intentional. Not to mention FS's failure to mention multiple loans to the same borrower. I found out only recently that an overdue maritime memorabilia loan I am in just happened to be made to the same borrower who took out all the railway memorabilia loans! Indeed , it was the trains and those boats that helped a lot to sink my FS returns for this year.
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Post by df on Feb 23, 2018 21:04:01 GMT
... I suspect that multiple names for the same loan are intentional. Not to mention FS's failure to mention multiple loans to the same borrower. I found out only recently that an overdue maritime memorabilia loan I am in just happened to be made to the same borrower who took out all the railway memorabilia loans! He/she must have loads of memorabilia to dispose.... Luckily, I'm not in maritime, but the "trains/railway coaches/railwayana/railway memorabilia/model railway engines and coaches/collection of railway models/railway models/model trains" loan makes up 51% of my "unredeemed" (the rest are just three different properties and one painting). This multiple name system works very well to fund large loans... Absence of borrower's ID is part of the same strategy. Can't help to compare this to ABL/MT/COL who are far more transparent.
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nyneil
Member of DD Central
Posts: 349
Likes: 438
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Post by nyneil on Mar 2, 2018 14:55:14 GMT
It feels to me that FS is trying to pull the wool over investors' eyes, by not being transparent about linked loans. They should assign a User ID to each borrower and attach that to every loan offering to that borrower. MT prefixes all loans with this and it helps investors easily see and manage how much they have lent to any borrower.
FS take note: Presenting incomplete information looks unprofessional.
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