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Post by zmwlf on Aug 7, 2018 11:54:18 GMT
Now, 68.200 primary market loans are available. Be patient.
69.300 primary loans available right now. This bubble is gonna burst when the loan originators run out of cash. Rates will jump high.
70.400 primary market loans are available. Be patient.
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Post by zmwlf on Aug 8, 2018 8:09:16 GMT
69.300 primary loans available right now. This bubble is gonna burst when the loan originators run out of cash. Rates will jump high.
70.400 primary market loans are available. Be patient. 72771 loans...
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Post by nesako on Aug 8, 2018 10:31:35 GMT
70.400 primary market loans are available. Be patient. 72771 loans... I do remember when we had over 100K loans in Primary Market I don't think much will happen until then...
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mp
Posts: 21
Likes: 10
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Post by mp on Aug 8, 2018 15:56:59 GMT
Just wondering if one reason for the increasing number of loans at the primary market could be caused by higher interest loans bought back and re-listed with lower interest rate...
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Post by extremis on Aug 9, 2018 12:49:25 GMT
The diversification campaign ends on August, 12. Since investors participating in it actually buy loans at any interest rate, loan originators are inclined to lower the rates. So, imo the end of campaign is a positive sign that rates could go up again. Of course, the general trend in p2p lending is lower interest rates, so we might not see 14+ interest rates for buyback guaranteed loans again. Anyway, i will wait (at least) a few more days before i make a decision to withdraw any money from the platform.
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Post by geldregiertdiewelt on Aug 14, 2018 20:42:53 GMT
Now, 68.200 primary market loans are available. Be patient.
69.300 primary loans available right now. This bubble is gonna burst when the loan originators run out of cash. Rates will jump high.
83.600 and counting. Not sure that "rates will jump high", but looks like the tide is turning.
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walktall7
Member of DD Central
Posts: 181
Likes: 34
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Post by walktall7 on Aug 15, 2018 8:49:46 GMT
Still buying back Mogo loans from me so they have not run out of cash yet
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Post by nesako on Aug 15, 2018 10:40:28 GMT
Still buying back Mogo loans from me so they have not run out of cash yet They will be buying back loans as they re-pay early, so maybe you had "normal" buybacks? They bought back a massive 75% of all my Mogo loans (which was 50% of all my portfolio) and stopped last week... all current buybacks are "natural", i.e. early repayments / change of terms
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walktall7
Member of DD Central
Posts: 181
Likes: 34
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Post by walktall7 on Aug 15, 2018 14:30:42 GMT
Still buying back Mogo loans from me so they have not run out of cash yet They will be buying back loans as they re-pay early, so maybe you had "normal" buybacks? They bought back a massive 75% of all my Mogo loans (which was 50% of all my portfolio) and stopped last week... all current buybacks are "natural", i.e. early repayments / change of terms Here is a screenshot
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Post by nesako on Aug 16, 2018 8:36:21 GMT
They will be buying back loans as they re-pay early, so maybe you had "normal" buybacks? They bought back a massive 75% of all my Mogo loans (which was 50% of all my portfolio) and stopped last week... all current buybacks are "natural", i.e. early repayments / change of terms Here is a screenshot You need to look at Account Statement entry. Under details you will always get "Loan Finished Prematurely" if it is repaid early for any reason, but Account Statement will show why, e.g. "loan agreement amended: principal received" or "buyback: principal received" or "early repayment of a loan: principal received", if it says "other: principal received", then this means Mintos used the extra cash to buy it back
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Post by rimvydukas on Aug 17, 2018 16:03:36 GMT
Guys, interest rates are starting to climb up again. Two loan originators got back to 10% with their short term loans, two to 9.5 from 8.5.
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Post by geldregiertdiewelt on Dec 27, 2018 10:45:06 GMT
Whatever the issue was last summer, Mintos seems to have fully recovered: More than 270,000 loans available this morning, >240,000 of which in EUR and with buyback, >170,000 at 10%+.
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Post by spaaps on Dec 27, 2018 12:22:51 GMT
Do you trust this Peachy?
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Post by geldregiertdiewelt on Dec 28, 2018 16:51:35 GMT
Do you trust this Peachy? Trust? Hm.... At least I do invest in their loans, although the "B" rating that Mintos is giving them seems a bit too friendly, given their financials. Why do I give them money:
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Post by wiseclerk on Dec 28, 2018 17:46:39 GMT
To return to the thread title:
Actually interest rates on Mintos are at a high level again.
And I have been able to boost returns even further by my new strategy
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