Stonk
Stonking
Posts: 735 
Likes: 658
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Post by Stonk on Jan 30, 2019 14:03:36 GMT
Oh my days im soooo happy i got out of F/C a year and a half ago they are so  now and i only have less than £200 defaulted with them. I am i in A/C now who were really great but not so much now so mooove on.
hammertime, it's only about a month since you were hammering on at every possible opportunity about how awful FC is and the 11% you are getting at AC. What went so wrong so quickly?
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Post by steamer on Jan 31, 2019 8:42:14 GMT
I do take a long term view on defaults however what I do have a problem with is a sudden tripling of the default rate. Given that the past is no guide to the future why on earth would I believe that the recovery performance will remain unchanged?
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Post by nooneere on Feb 18, 2019 19:22:48 GMT
More negative newsflow regarding default levels for FC's investment trust FCIF - www.altfi.com/article/5078_funding-circle-fund-weighed-down-by-a-brutal-us-christmasFC face a double-whammy of stockmarket scrutiny post-IPO. FCIF, which has a (theoretically) independent board, will be providing regular reports on loans performance that will be monitored by analysts of Funding Circle PLC. Their management will be in trouble like any PLC if they don't improve, and not just from P2P Independent Forum... For what it's worth, I have been lucky (if this thread is representative) in that my (very small) FC portfolio has suffered less than 2% defaults since April 2018. So I am not ruling out a brighter future for them. |
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now and i only have less than £200 defaulted with them. I am i in A/C now who were really great but not so much now so mooove on.