Reading through some of the lender threads it seems there is some collective frustration in being unable to bid successfully on loans unless you are online when they go live.
To support you, JustUs has 'Auto-Bid' functionality available to all lenders on both the Regular Lender Account and the IFISA Account.
Auto-Bids are applied prior to a loan listing on the Portal Marketplace. You can bid from £10 up to £25,000. They are scaled back so that every lender starts their bids on a level playing field. The 'rules' then run until all pre-set bids have been applied. In some instances this is sufficient to fully fund a loan and as such these will never be published onto the marketplace for manual bids with others the remaining funding is completed with manual bidding.
Auto-Bids are your choice. On the Regular Lender Account you select the products you want to bid on and how much. In the IFISA you select your maximum bid on the pots you are interested in supporting.
A simple solution meaning you never miss out.
Let me know if there are any questions
Capital at risk. The value of your investment can go down as well as up. See Risk Warnings for further information (justus.co/risk).
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