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Post by Badly Drawn Stickman on Feb 20, 2018 17:55:51 GMT
From memory a lot of the aspects being mentioned in this thread, were covered in the one covering the previous loans to this borrower. Moneything did produce actual figures paid if I remember correctly. Well, this thread and this post at least? I don't think it was repeated on the website, and I haven't seen it reported for any of the other loans to the same borrower. Consider me suitably impressed. I think there was more to it though, had Moneything not had a private relationship (financial) with the borrower previously?
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Post by dan1 on Feb 20, 2018 17:58:46 GMT
Well, this thread and this post at least? I don't think it was repeated on the website, and I haven't seen it reported for any of the other loans to the same borrower. Consider me suitably impressed. I think there was more to it though, had Moneything not had a private relationship (financial) with the borrower previously? You may be thinking of borrower MTBB of F***** Cars
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Post by Badly Drawn Stickman on Feb 20, 2018 18:17:58 GMT
Consider me suitably impressed. I think there was more to it though, had Moneything not had a private relationship (financial) with the borrower previously? You may be thinking of borrower MTBB of F***** Cars Quite possibly. Again from memory (which by now we have all probably lost any confidence in) the LTV is achieved in the same way, its possible that is the one I am recalling as providing more comprehensive purchase price details.
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m2btj
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Post by m2btj on Feb 21, 2018 8:48:35 GMT
My previous loans with this borrower have all been repaid & I'm in for this loan. Looks like a well run & structured dealership IMO.
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oik
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Post by oik on Feb 21, 2018 11:40:57 GMT
My previous loans with this borrower have all been repaid & I'm in for this loan. Looks like a well run & structured dealership IMO. I'm getting excited about how I'll spend the interest already. If I get the full amount on both, £100 + £85, that's about £5.50 interest (if the loans run to the full 3 months as last time). So maybe a slice of carrot cake to go with my latte?
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IFISAcava
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Post by IFISAcava on Feb 21, 2018 11:50:53 GMT
My previous loans with this borrower have all been repaid & I'm in for this loan. Looks like a well run & structured dealership IMO. I'm getting excited about how I'll spend the interest already. If I get the full amount on both, £100 + £85, that's about £5.50 interest (if the loans run to the full 3 months as last time). So maybe a slice of carrot cake to go with my latte? not after tax... you'll have to wait for the IFISA for the full spread
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m2btj
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Post by m2btj on Feb 21, 2018 11:55:58 GMT
I'm getting excited about how I'll spend the interest already. If I get the full amount on both, £100 + £85, that's about £5.50 interest (if the loans run to the full 3 months as last time). So maybe a slice of carrot cake to go with my latte? not after tax... you'll have to wait for the IFISA for the full spread Damn! I was looking forward to that carrot cake!
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dovap
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Post by dovap on Feb 21, 2018 12:39:15 GMT
I'd forgot about these and their 12.00 KO
plenty left 30mins later - how times have changed
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r1200gs
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Post by r1200gs on Feb 21, 2018 12:41:25 GMT
My previous loans with this borrower have all been repaid & I'm in for this loan. Looks like a well run & structured dealership IMO. I'm getting excited about how I'll spend the interest already. If I get the full amount on both, £100 + £85, that's about £5.50 interest (if the loans run to the full 3 months as last time). So maybe a slice of carrot cake to go with my latte? I was quite excited until I saw £100 - £85 restrictions. No good to me. Other than that, surely some sort of independent inspection of these vehicles was in order? I know if I were to put up security with the slightest chance of never seeing it again, I would not be putting up the best cars I had. Cynical? Well yea, several years in P2P lending can do that to you.
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Post by GSV3MIaC on Feb 21, 2018 13:17:56 GMT
Still half left after an hour, which means Ed got the limit right, and / or lots of previous lenders have thrown the baby out with the bathwater (and quite possibly the bath, towel, and nanny too).
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sjg
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Post by sjg on Feb 21, 2018 14:46:37 GMT
Well for us little minnows of the P2P world £185 is a lot to invest in one go so happy with the amount and if there is lots left tomorrow at 1200 then the big hitters can have a go!!! Big plus side as well wasn't able to access MT till 1400 and still able to get the full allocation. Usually everything would be gone...
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jlend
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Post by jlend on Feb 21, 2018 16:05:48 GMT
Still half left after an hour, which means Ed got the limit right, and / or lots of previous lenders have thrown the baby out with the bathwater (and quite possibly the bath, towel, and nanny too). It may be that some lenders have scaled back or left the platform or want to put their money elsewhere. Platform risk and liquidity risk are important as well as the quality of the loan etc. so this may have impacted some lenders. The number of new lenders may also have scaled back a little due to the recent challenging loans. It is easy to sign up new lenders when everything is rosy. I would not be surprised if new loans generally take a little longer to fill whatever they are.
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r00lish67
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Post by r00lish67 on Feb 21, 2018 16:41:24 GMT
Still half left after an hour, which means Ed got the limit right, and / or lots of previous lenders have thrown the baby out with the bathwater (and quite possibly the bath, towel, and nanny too). It may be that some lenders have scaled back or left the platform or want to put their money elsewhere. Platform risk and liquidity risk are important as well as the quality of the loan etc. so this may have impacted some lenders. The number of new lenders may also have scaled back a little due to the recent challenging loans. It is easy to sign up new lenders when everything is rosy. I would not be surprised if new loans generally take a little longer to fill whatever they are. Entirely valid points, but not supported by these 2 loans IMV - rather the Scottish loan. I'm sure some people are disgruntled as you say, but these loans would (and eventually, will) disappear in seconds with no bid limits, or even bid limits of £500 rather than £100/£85. On this sort of note, I'm interested to understand just how MT intend to fill their new £16,000,000 forthcoming loan. That's going to need an awful lot of chocolate.
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jlend
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Post by jlend on Feb 21, 2018 16:48:49 GMT
It may be that some lenders have scaled back or left the platform or want to put their money elsewhere. Platform risk and liquidity risk are important as well as the quality of the loan etc. so this may have impacted some lenders. The number of new lenders may also have scaled back a little due to the recent challenging loans. It is easy to sign up new lenders when everything is rosy. I would not be surprised if new loans generally take a little longer to fill whatever they are. Entirely valid points, but not supported by these 2 loans IMV - rather the Scottish loan. I'm sure some people are disgruntled as you say, but these loans would (and eventually, will) disappear in seconds with no bid limits, or even bid limits of £500 rather than £100/£85. On this sort of note, I'm interested to understand just how MT intend to fill their new £16,000,000 forthcoming loan. That's going to need an awful lot of chocolate. I am sure you are right. With a higher limit these loans would have gone. Some lenders have sold up and left the platform i am guesing.I think George said he had done that. I would have normally invested in this loan but just decided to put my money elsewhere outside p2p. I just wonder if there are the same number of active investors there were compared to recently.
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7d7
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Post by 7d7 on Feb 22, 2018 8:14:19 GMT
MoneyThingCould we have another round of bid limits to give everyone an opportunity if these loans remain available at noon?
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