Post by james on Aug 29, 2014 11:54:42 GMT
There were recently some self-promoting topics in the Bondora section. I suggest that the moderators do not change the forum rules but consider these as possible guidelines for decision-making on whether to close or remove a topic.
Secondary market.
Any loan or account name mentioned as interesting except in normal discussion should be notable in some way and the post should say why. Notable could include:
1. The first time a particular estimated return for a buyer of discount or premium to the capital value has been seen or some clear long term trend changes. The poster should normally not be the seller in these cases but this shouldn't be completely prohibited unless it is a pattern of such things.
2. There is something specifically interesting about the nature of the loan or its circumstances. The seller should not normally be the person mentioning this.
Non-notable would include:
3. Routinely encountered discounts, premiums or projected buyer returns except after the sale has been completed. In the Bondora case discounts down to -40% and even below for loans with debt collection issues are routine and premiums of 5% are normal, with 20% the likely threshold for an unusually high premium. Buyer returns that are negative, zero or up to 70% are routinely seen. Someone mentioning their first sale at a premium above 5% would be notable after the sale if no more parts of the same loan are offered same for other convenient round numbers achieved above that.
Primary market.
There should be some clear reason for mentioning a loan, not just a list of loans. If there are many similar loans they should normally be concentrated in a single topic. For places where loans are large and infrequent individual topics are quite likely to be appropriate, for cases where they are small and infrequent a single topic is likely to be best.
In the Bondora context there is a trust problem with the Bondora+ market and some people have discussed interesting loans that they are participating in but where the borrower has an existing record with a Bondora loan that has had more checking carried out. While there is self-interest in that the poster would get to lend, it's socially useful and appropriate here. But it's undesirable to have a topic for each loan because it's so common. Yet in say the Ablrate context individual topics are likely to be appropriate due to the relatively low frequency and different nature of the individual loans as well as their relatively high values. Even low value and likeky to be common loans at a new platform could usefully be discussed in their own topics until they do become more frequent.
It looks as though the moderators are already using this sort of decision-making so I just wanted to write down some general guidance on what I think is likely to be positively or negatively received.
Secondary market.
Any loan or account name mentioned as interesting except in normal discussion should be notable in some way and the post should say why. Notable could include:
1. The first time a particular estimated return for a buyer of discount or premium to the capital value has been seen or some clear long term trend changes. The poster should normally not be the seller in these cases but this shouldn't be completely prohibited unless it is a pattern of such things.
2. There is something specifically interesting about the nature of the loan or its circumstances. The seller should not normally be the person mentioning this.
Non-notable would include:
3. Routinely encountered discounts, premiums or projected buyer returns except after the sale has been completed. In the Bondora case discounts down to -40% and even below for loans with debt collection issues are routine and premiums of 5% are normal, with 20% the likely threshold for an unusually high premium. Buyer returns that are negative, zero or up to 70% are routinely seen. Someone mentioning their first sale at a premium above 5% would be notable after the sale if no more parts of the same loan are offered same for other convenient round numbers achieved above that.
Primary market.
There should be some clear reason for mentioning a loan, not just a list of loans. If there are many similar loans they should normally be concentrated in a single topic. For places where loans are large and infrequent individual topics are quite likely to be appropriate, for cases where they are small and infrequent a single topic is likely to be best.
In the Bondora context there is a trust problem with the Bondora+ market and some people have discussed interesting loans that they are participating in but where the borrower has an existing record with a Bondora loan that has had more checking carried out. While there is self-interest in that the poster would get to lend, it's socially useful and appropriate here. But it's undesirable to have a topic for each loan because it's so common. Yet in say the Ablrate context individual topics are likely to be appropriate due to the relatively low frequency and different nature of the individual loans as well as their relatively high values. Even low value and likeky to be common loans at a new platform could usefully be discussed in their own topics until they do become more frequent.
It looks as though the moderators are already using this sort of decision-making so I just wanted to write down some general guidance on what I think is likely to be positively or negatively received.