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Post by bikeman on Mar 29, 2019 20:17:14 GMT
I will be happy to get any money back on these loans since I viewed P2P as gambling/investing not saving and expected losses. P2P was very profitable for me and these were my only significant loss(about £500) , if I can get most of my principal back I would be over the moon  I've never really understood why investors in the MLA and GEIA accounts are being treated the same. Granted AC cocked up but GEIA investors never chose to invest in the ILI loans and we're given a lower rate on the basis of PF protection. MLA investors took a risk and accepted no PF protection.
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shimself
Member of DD Central
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Post by shimself on Mar 30, 2019 10:24:28 GMT
I will be happy to get any money back on these loans since I viewed P2P as gambling/investing not saving and expected losses. P2P was very profitable for me and these were my only significant loss(about £500) , if I can get most of my principal back I would be over the moon I've never really understood why investors in the MLA and GEIA accounts are being treated the same. Granted AC cocked up but GEIA investors never chose to invest in the ILI loans and we're given a lower rate on the basis of PF protection. MLA investors took a risk and accepted no PF protection. Because AC cocked it up
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angrysaveruk
Member of DD Central
Say No To T.D.S
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Post by angrysaveruk on Mar 30, 2019 20:17:39 GMT
I will be happy to get any money back on these loans since I viewed P2P as gambling/investing not saving and expected losses. P2P was very profitable for me and these were my only significant loss(about £500) , if I can get most of my principal back I would be over the moon I've never really understood why investors in the MLA and GEIA accounts are being treated the same. Granted AC cocked up but GEIA investors never chose to invest in the ILI loans and we're given a lower rate on the basis of PF protection. MLA investors took a risk and accepted no PF protection. GEIA have more to complain about that is for sure. I was caught out because of my MLA buy the market strategy putting the same amount in each available loan and the multiple loans from this individual
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Post by hammertime on Mar 31, 2019 13:39:31 GMT
well said dont people read these posts
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