Site sustainability

hopefully kuflink can grow and become a company that lenders can talk to and trust. having a 20% stake also tells me that unlike many other platforms they are more accurate with DD and valuations.6/7% rates i feel are quite good to have for 9/12 or 18 month loans as long as kuflink keep on top of borrowers which i think they do.kuflink can learn a lot from looking at these forums and gain lots of small/medium range investors who have got caught out by the hype of the 12% carrot.i feel also that although most loans are first charge kuflink should also obtain debenture and PGs.extra security to start with could save a lot of time/money further down the line.as a lot of members know on these forums a 12 month loan can still be going on 2/3 years later with little chance of 100% capital return let alone any interest so dead money really.i will be investing more with kuflink as and when funds become available from the other platforms that i have totally lost belief in anything they communicate to their lenders.

cannot compare kuflink to lendy.as we know lendy do not give a t**s about lenders funds and will keep throwing out more and more tranches of the same loans to get their fees in on drawdown of whatever has been funded.kuflink can learn a lot from lendy/fs/mt/etc by knowing that the dd and valuations are very important should a loan default. kuflink with 20% in the loan tells me that they dont just throw out our money to any dodgy people who have the gift of the gab with big development plans and give them millions of pounds on made up gdvs. as i said kuflink will attract a lot more small/mid range investors who are happy with 6/7%.as lendy keep telling everybody diversify.dont forget your capital is at risk.ok not 12% but a lot less BS and a platform whom i think will steadily grow as the exodus of people who have had enough of never ending dfls and would just like capital/interest back after or soon after 6/12/18 months as the loan states.

Please do not allow fca authorisation sway you Liz. The display on the compnies website may not tell the whole story about what the FCA think the platform need from the business plan submitted and what has been granted.

As the FCA now have a p2p platform before courts they may look to clarify some rules in the relevant act around regulated activity, pawn or collective investments amongst other things. This could have a knock on impact to other platforms.

Also please do not be swayed as a platform has ifisa approval from HMRC or they act as overseer for appointed representatives. These authorisations are often over estimated when considering risk of platforms.

OK I was swayed! I invested £200(a few of days of p2p interest)for a free £100.

I do worry that we haven't seen the last platform failure. We may even see an established site fail in the next few years.

indeed de javu from another platform that begins with C. i am also joining Kufflink for the free 100 soon. Not going to deposit anymore than that as most my investments go under ISA

Their previous referral offer was invest £200 and both referer and referee get £100. The new one requires a £500 investment instead.

i would like to think that the reason for flow of loans is that kuflink are a lot more active behind the scenes with their DD and and other checks and have probably rejected quite a few.i personally like the info and the way loans are brought to the platform and ok it is early days yet but it seems kuflink are doing their best to not end up in the same situation as a few other platforms.steady growth/lender confidence and open and honest comms and kuflink could be around for a long time.