|
|
Post by jakebullet on Jan 1, 2018 0:43:10 GMT
I've been drip feeding £150 at a time, but wondering if I should put more in right now? Are they're going to come back to work and blam! large number of renewals on day 1, so I need more cash to grab more loans?
Is there any way to see all active loans to spot which should be renewing while they've been closed?
|
|
|
|
Post by beeje13 on Jan 1, 2018 11:29:20 GMT
It depends on your Autolend settings.
I probably have enough cash for 13 ~£5 allocations. I have Provision and Gold Trust loans set up to Autolend.
Will probably put some more in on Thursday, unless there's been barely any loans. Usually If it gets to about 7pm and I have less than 5 loans worth of cash, I will transfer in ready for the next morning. I have the email notifications turned on so it's easy to manage.
|
|
dermot
Member of DD Central
Posts: 862 
Likes: 517
Member is Online
|
Post by dermot on Jan 1, 2018 17:22:03 GMT
I find dripping in a few tens of pounds each week seems to work OK for me.
|
|
msenanna
Member of DD Central
Posts: 73 
Likes: 41
|
Post by msenanna on Jan 2, 2018 14:07:41 GMT
I've been drip feeding £100 most weeks although nearly got caught out before Christmas when 2 business loans appeared and I got a fair bit more than £5 on each of them so had to do a 2nd top up within 48 hours to keep money in the pot.
|
|
slush
Member of DD Central
Here to learn. Please be gentle.
Posts: 79
Likes: 38
|
Post by slush on Jan 2, 2018 14:53:24 GMT
Unfortunately, my repaying loans now out pace my new loans. I have been investing since last June and have never allowed my cash balance to reach nil. Six months on, I don't seem to be able to build my portfolio any further and have had to withdraw cash, which is a pity.
|
|
msenanna
Member of DD Central
Posts: 73
Likes: 41
|
Post by msenanna on Jan 2, 2018 16:05:12 GMT
Unfortunately, my repaying loans now out pace my new loans. I have been investing since last June and have never allowed my cash balance to reach nil. Six months on, I don't seem to be able to build my portfolio any further and have had to withdraw cash, which is a pity. Ahh! Something to be aware of later this year. I have not invested long enough to be in the position you find yourself in. I wonder whether this is something UB are working on or is just the case that as UB gets more popular then investor balances will inevitably fall?
|
|
slush
Member of DD Central
Here to learn. Please be gentle.
Posts: 79
Likes: 38
|
Post by slush on Jan 2, 2018 18:20:34 GMT
I wonder whether this is something UB are working on or is just the case that as UB gets more popular then investor balances will inevitably fall? I think it going to be the latter. I have noticed an on going % decrease of each loan from the autobid. So it would appear new lenders joining have out paced loans.
|
|
|
|
Post by jakebullet on Jan 2, 2018 18:21:52 GMT
I joined a couple of weeks before they stopped fastest finger first  I've a feeling that under the current system everybody will end up with approx £2000, unless they grow loan volume. I hope they don't go the property route for growth. |
|
Ukmikk
Member of DD Central
Posts: 445
Likes: 298
|
Post by Ukmikk on Jan 2, 2018 18:30:26 GMT
Unfortunately, my repaying loans now out pace my new loans. I have been investing since last June and have never allowed my cash balance to reach nil. Six months on, I don't seem to be able to build my portfolio any further and have had to withdraw cash, which is a pity. My experience also.
|
|
agent69
Member of DD Central
Posts: 5,587
Likes: 4,182
|
Post by agent69 on Jan 2, 2018 19:10:34 GMT
I hope they don't go the property route for growth. I'm only here for the bling
|
|
msenanna
Member of DD Central
Posts: 73
Likes: 41
|
Post by msenanna on Jan 2, 2018 19:43:48 GMT
I hope they don't go the property route for growth. I'm only here for the bling Totally here for the bling!! I am already (overexposed) in property on other platforms and would like to keep UB pure (property free).
|
|
sarahcount
Member of DD Central
Posts: 359
Likes: 815
|
Post by sarahcount on Jan 2, 2018 21:07:02 GMT
|
|
|
|
Post by Badly Drawn Stickman on Jan 2, 2018 22:15:54 GMT
I joined a couple of weeks before they stopped fastest finger first I've a feeling that under the current system everybody will end up with approx £2000, unless they grow loan volume. I hope they don't go the property route for growth. I'm not sure I would be overly heartbroken at a platform recycling £2000 ish in fairly well secured loans and giving a modest income over a year with minimal maintenance. Getting 'big' seems to be when P2P sites become problematical, and usually starts with ill-advised expansion away from their core business. Personally I am just looking for the 'next unbolted', and more opportunity to spread money around.
|
|
msenanna
Member of DD Central
Posts: 73
Likes: 41
|
Post by msenanna on Jan 2, 2018 22:33:33 GMT
I joined a couple of weeks before they stopped fastest finger first I've a feeling that under the current system everybody will end up with approx £2000, unless they grow loan volume. I hope they don't go the property route for growth. I'm not sure I would be overly heartbroken at a platform recycling £2000 ish in fairly well secured loans and giving a modest income over a year with minimal maintenance. Getting 'big' seems to be when P2P sites become problematical, and usually starts with ill-advised expansion away from their core business. Personally I am just looking for the 'next unbolted', and more opportunity to spread money around. £2000 would be a nice figure for me (and perhaps hubs as well). I am not and never will be a BH, on any platform, and like what I see so far on UB, its simplicity and its hands off (in the main) way of working.
|
|
|
|
Post by jakebullet on Jan 3, 2018 14:04:25 GMT
I'm only small time but would have liked £5000.
|
|
