seb8072
Member of DD Central
Posts: 177
Likes: 99
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Post by seb8072 on Jul 2, 2018 16:16:36 GMT
Upon logging into my Rebs account the other day I was greeted with the message: "Happy 3 year anniversary as a member of rebuildingsociety.com....."
So after three years what is there to show?
As a percentage of funds added: Withdrawals 95%
Interest 30% Bad debt 9% Non performing 24% Active <1%
In other words, all interest and 4% of capital has been wiped out as I no longer expect anything from the non performing loans.
In my opinion this is not much to be happy about.
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trevor
Member of DD Central
Posts: 555 
Likes: 379
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Post by trevor on Aug 11, 2018 9:16:10 GMT
Very similar for me. A loss overall. Just one loan left paying interest and supposedly several wil payout recovery but they've being saying that for over a year with zilch actually recovered. My worst platform. Normally I barge pole loans but I barge pole this rubbish platform completely!
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Post by captainconfident on Aug 12, 2018 8:57:37 GMT
Happy Birthday Rebs! I've been using the platform for 2 years and my return is 8.44%. Very happy with that, better than FC. Sure my headline rate is 16.9%, but if you can stand taking the rough with the smooth, or in my case take a bit of every loan, it all works out fine. Glad to see the deal flow increasing.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,426
Likes: 1,211
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Post by sqh on Aug 16, 2018 2:16:17 GMT
Happy Birthday Rebs! I've been using the platform for 2 years and my return is 8.44%. Very happy with that, better than FC. Sure my headline rate is 16.9%, but if you can stand taking the rough with the smooth, or in my case take a bit of every loan, it all works out fine. Glad to see the deal flow increasing. Hmm, 8.44% seems an extraordinary return for ReBs. I think your calculator is broken. Hopefully, you'll get a new one for xmas just in time for your 4th Birthday.
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Post by flobberchops on Aug 25, 2018 15:56:03 GMT
When I try adding funds, it gives a popup saying my identity must be verified. Surely this is a bug, as I've been using the site for some time now?
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Post by flobberchops on Sept 10, 2018 18:40:11 GMT
Thanks for the reply, ReBS! All sorted now, thanks!
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