m2btj
Member of DD Central
Posts: 631
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Post by m2btj on Nov 30, 2018 17:26:05 GMT
Received an email from Kuflink with new loan details & a lowest ever LTV of 17.75%. Within 20 mins of receiving email the loan of £109,630 had filled. I transferred funds to reserve & over £100k went in seconds as I watched. I suspect a large investor, an institutional investor or a BOT sweeping up the entire loan. This is the fastest I have seen a loan fill on P2P & not a chance to get in!
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Post by pmjenkins on Nov 30, 2018 17:45:25 GMT
Kuflink do have an annoying habit of announcing new loans at about 4:30 on a Friday afternoon. On two occasions money transferred is not credited to my account until Monday, by which time the loan has been filled (although not as fast as this one did)
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jcb208
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Post by jcb208 on Nov 30, 2018 18:16:23 GMT
I found the only way to get any of these low LTV's is to keep money on account as if I wait for funds to be credited the loans are already fully funded.Maybe Kufflink should put a limit for the first 2 hours so every one has more of a chance.
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mason
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Post by mason on Nov 30, 2018 19:51:31 GMT
Clearly the rate on offer was far too high
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nyneil
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Post by nyneil on Dec 4, 2018 13:39:30 GMT
I found the only way to get any of these low LTV's is to keep money on account as if I wait for funds to be credited the loans are already fully funded.Maybe Kufflink should put a limit for the first 2 hours so every one has more of a chance. And implement an 'instant' Debit Card funding option, similar to ABL's offering.
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Post by captainb on Dec 6, 2018 20:43:54 GMT
I too have missed out on this loan and others previously. Wallet topped up for tomorrow afternoon ready to pounce.
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m2btj
Member of DD Central
Posts: 631
Likes: 772
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Post by m2btj on Dec 7, 2018 11:41:46 GMT
I too have missed out on this loan and others previously. Wallet topped up for tomorrow afternoon ready to pounce. Friday's loan offering may have popped up early! North Street, Essex a whopping £1,046,550.00! I get a little uneasy these days with £1m plus loans. My wallet is full but will I or won't I?
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