6 month loans? | P2P Independent Forum

6 month loans? Mar 8, 2019 20:03:19 GMT benaj likes this

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Post by Godanubis on Mar 8, 2019 20:03:19 GMT

Mar 8, 2019 17:16:35 GMT benaj said:

Dec 14, 2018 2:05:17 GMT Godanubis said:

As I keep saying count Every loan as 24 months and 90% will be resolved and you can have a pleasant time with P2P.

This is not for anyone with a nervous,risk averse or impatient disposition. Relax invest wisely with funds that are not required for at least 2 years.

Stress is one of the biggest risk factors for an early death even greater than the risk of defaulting loans.

There are quite a few on here that may get good returns and the people that will benefit are their beneficiaries if the keep up their obvious anger issues and stress over every penny.

This is always someone else’s fault despite the numerous warnings of capital risks involved.

Your decisions your consequences

If FS advertises those development tranches could run longer than 6 months, and pay investors interests after the 6 months term, more investors would be relaxed.

You are perfectly correct. As bridging loans they are fine as long as evidence of final financing is in place. Otherwise they should reflect the expected completion time plus 10% to allow investors to better plan their exposure to individual projects.

Total amounts by borrowers should also include other FS loans and other commitments to 1st charge holders. Again this is the proper way to reflect a borrower’s overall exposure. Updates reflecting successfully completed projects should also be given.

Most of all early constructive interventions should be made throughout the loans to assist a successful outcome at the end of term should loans show signs of stress.