c88dnf
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Post by c88dnf on Sept 7, 2014 17:21:11 GMT
Yep everything comes to he who waits, my 6.1 has gone so time to add some funds. Well done markr! 3-year at 5.0% also looks rather tasty this evening (and makes Zopa's decrease to 3.7% this week look even more stupid). Unless there's a sudden deluge of cash inward, it could be a good week ahead.
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Post by GSV3MIaC on Sept 7, 2014 20:41:15 GMT
My 6.1 was a heck of a lot further up the queue than that, and has gone too, along with a pessimistic 6.0% tranche. I guess 'market rate' will be over 6.0% shortly?!
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jonbvn
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Post by jonbvn on Sept 11, 2014 9:53:17 GMT
My 6.1 was a heck of a lot further up the queue than that, and has gone too, along with a pessimistic 6.0% tranche. I guess 'market rate' will be over 6.0% shortly?! Plenty of bites for the patient at 6.1% now.....
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baz657
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Post by baz657 on Sept 13, 2014 19:40:59 GMT
Added £3k today and managed to get 5.1% (2k) and even 5.2% (1k) on three year terms.
Happy with that.
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markr
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Post by markr on Sept 16, 2014 7:52:22 GMT
6.2% matches within a day now, so I guess the patient could get 6.3%. I saw an advert in the paper this morning from Sainsburys offering 4%, so I still don't know how RS can compete.
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Post by p2plender on Sept 16, 2014 9:30:22 GMT
you'll get the 4% if you shop at Sainsburys and have shopped there for the last 300 years, hold a million pound in the bank and promise never to shop at Aldi, Lidl or Tescos.
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jonbvn
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Post by jonbvn on Sept 17, 2014 6:41:36 GMT
you'll get the 4% if you shop at Sainsburys and have shopped there for the last 300 years, hold a million pound in the bank and promise never to shop at Aldi, Lidl or Tescos. You're probably right - to get near mortgage level rates on a unsecured loan, you will need both great grandparents to act as guarantors!
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warn
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Curmudgeon
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Post by warn on Sept 17, 2014 12:12:03 GMT
you'll get the 4% if you shop at Sainsburys and have shopped there for the last 300 years, hold a million pound in the bank and promise never to shop at Aldi, Lidl or Tescos. You're probably right - to get near mortgage level rates on a unsecured loan, you will need both great grandparents to act as guarantors! Prince George of Cambridge should be alright, then.
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Post by goldservice on Sept 17, 2014 16:33:01 GMT
My 6.1 was a heck of a lot further up the queue than that, and has gone too, along with a pessimistic 6.0% tranche. I guess 'market rate' will be over 6.0% shortly?! Plenty of bites for the patient at 6.1% now..... My recent 5yr reinvestments all filled at 6.2%. Have nudged 5yr reinvestment setting up to 6.3%. Given that the lending offer is now well below its recent £1m+ highs, and the month still has 12 days to run, we might be in for another rate fest.
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Post by westonkevRS on Sept 17, 2014 18:04:19 GMT
Nah, at these rates I'm gonna dump this month's RateSetter salary into the markets. That'll fund a whole giffgaff mobile phone loan....
The wolf of P2P street.
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Investor
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Post by Investor on Sept 17, 2014 18:16:59 GMT
***wonders whether westonkev's monthly salary will have much of an effect on adjusting the overall rate***
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Post by jackpease on Sept 18, 2014 7:38:25 GMT
6.2% matches within a day now, so I guess the patient could get 6.3%. I saw an advert in the paper this morning from Sainsburys offering 4%, so I still don't know how RS can compete. Patience presumably now rewarded with it up to 6.3%. I wonder how long this spike will last - its been a good few days... I am maxed out at 6.2% so will be gutted if it keeps going up! Jack Pease
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jonbvn
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Post by jonbvn on Sept 18, 2014 8:14:47 GMT
Plenty of bites for the patient at 6.1% now..... My recent 5yr reinvestments all filled at 6.2%. Have nudged 5yr reinvestment setting up to 6.3%. Given that the lending offer is now well below its recent £1m+ highs, and the month still has 12 days to run, we might be in for another rate fest. I wonder if that spike in money on offer to £1m+ was actually from ZOPA lenders, or whether we will see a repeat next month? One thing I do like with RS is that by drip feeding funds I have now got a reasonable even level of repayments over a month. On ZOPA it always spiked at the start of the month.
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markr
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Post by markr on Sept 18, 2014 8:31:19 GMT
I've put today's repayments back at 6.3% and the queue is £300k so I expect it will match today or tomorrow.
I don't get stressed about going in too low on a spike, I put most of my funds into RS early last year when I was re-investing at 5.0-5.2% (I have one small part at 4.8%) and adding funds to try to catch spikes of 5.5%, so the fact that I haven't matched anything at less than 6% since May is happy days for me. My "rule" is I won't invest at less than 0.1% above my current average (i.e. don't invest unless it will increase my average), which at the moment isn't difficult since my 5 year market average is 5.7%.
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hendragon
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Post by hendragon on Sept 18, 2014 8:36:20 GMT
anyone witholding re-investment, or new investment, until the effect of today's vote on real interest rates and liquidity is known?
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