|
Post by oneguy on Jan 30, 2018 19:37:35 GMT
It's a well-known characteristic that Twino's Auto Invest is pretty useless, and there is a rational reason for that.
In the current situation with excess demand for loans if the Auto Invest worked as it should the platform could not attract new users to broaden the investor base because there would be just no loans readily available 99% of the time...
In order to avoid a huge cash drag you have to come every day or two to do the investments manually.
However, recently manually investing has worked maybe only 50% of the times even when the platform shows loans should be available. When there are X loans with €X available and I click the "Invest €XXX now" button, the site begins loading the purchased loans but nothing will happen. Same with PC or mobile. Similar experience there?
|
|
Sr. Lobo
Member of DD Central
Posts: 63
Likes: 17
|
Post by Sr. Lobo on Jan 31, 2018 7:45:09 GMT
Yeah, similar experience with manual investment from yesterday.
I don't think autoinvest malfunction keeps money in platform. Being unable to invest, automatically or manually, we'll withdraw idle money.
|
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
|
Post by JamesFrance on Jan 31, 2018 8:42:55 GMT
I don't understand Twino now. There was a time when a decent return could be made, I reached 17% in the first year, but now they seem completely uncompetitive so why are they attracting enough lenders if they are still issuing a similar amount in loans?
|
|
|
Post by patright on May 3, 2018 16:16:43 GMT
Hi James Did you withdraw it all from Twino? Besides Mintos, what the best deal currently in EUR on the P2P market you think?
|
|
JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
|
Post by JamesFrance on May 3, 2018 18:14:35 GMT
I don't have much left there now as I withdraw the repayments as they are not auto invested. I get a good return with Swaper but you need 5000€ to get the best rate.
|
|
|
Post by patright on May 4, 2018 7:49:21 GMT
I don't have much left there now as I withdraw the repayments as they are not auto invested. I get a good return with Swaper but you need 5000€ to get the best rate. thanks James
|
|
kulerucket
Member of DD Central
Posts: 336
Likes: 93
|
Post by kulerucket on May 29, 2018 8:24:06 GMT
I don't understand Twino now. There was a time when a decent return could be made, I reached 17% in the first year, but now they seem completely uncompetitive so why are they attracting enough lenders if they are still issuing a similar amount in loans? Same here. I still have average of 16.5% but I haven't reinvested in anything for a long time. I only a fraction of the money I used to have in there. I just have a some quality B/C loans + some long term 13% BB all approaching end of term before the end of the year. After these come to an end, I'll be out entirely.
|
|