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Post by df on Mar 20, 2019 16:51:44 GMT
Main - 12.9%
IFISA - 5.5%
My proportion of "zombies" is relatively small. Most loans are pawn.
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greenslime
Member of DD Central
Posts: 111 
Likes: 144
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Post by greenslime on Mar 20, 2019 16:52:16 GMT
A paltry 27.4%
And the realisation that the last time I actually had any money out of FS was Apr 2018
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moist
Member of DD Central
Posts: 241
Likes: 251
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Post by moist on Mar 20, 2019 17:42:52 GMT
11% looking fine atm!
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sarahcount
Member of DD Central
Posts: 359
Likes: 815
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Post by sarahcount on Mar 20, 2019 20:36:22 GMT
My accrued interest is only 8.1% of my investment, which sounds a bit low to me as 57% of my 190 loans are overdue (8 from 2017, 74 from 2018 & 27 from 2019) I only started investing on this platform in May 2017. I am now at the point where I'll be cashing out as the returns ? come in. Very similar here. Around 8% after two years. Not too bad especially considering I've become increasingly selective with loan choice. Of course these figures are just as much a reflection of whether lenders are depositing/withdrawing as they are with individual loan performance.
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Post by herrbert on Mar 21, 2019 9:56:34 GMT
Main 31%
IFISA 19%
I would be actually very happy if I just loose the interest. Not a chance.
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Post by investor1925 on Mar 21, 2019 10:07:50 GMT
My accrued interest is only 8.1% of my investment, which sounds a bit low to me as 57% of my 190 loans are overdue (8 from 2017, 74 from 2018 & 27 from 2019) I only started investing on this platform in May 2017. I am now at the point where I'll be cashing out as the returns ? come in. Very similar here. Around 8% after two years. Not too bad especially considering I've become increasingly selective with loan choice. Of course these figures are just as much a reflection of whether lenders are depositing/withdrawing as they are with individual loan performance. You're right about selection. My imperfect strategy is to invest in almost all property loans when they originate, but not to renew them, as I think most renew at least once successfully. As for the bling, I set them up for renewal automatically, except for where the borrower has more than 1 loan ongoing. Even then, it's not perfect, as some notable paintings & a garnet have demonstrated. 
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coop
Member of DD Central
Posts: 714
Likes: 571
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Post by coop on Mar 21, 2019 10:08:19 GMT
I'm at 22.97%
Luckily I was never very heavily invested; currently just £175 in two loans; both yonks overdue.
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arby
Member of DD Central
Posts: 910
Likes: 959
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Post by arby on Mar 21, 2019 10:12:50 GMT
I'm nearing the other end of the scale, although this is partly due to ongoing investment in new FS loans.
7.3% in ISA
3.4% on main
Both with more than £10k invested
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Monetus
Member of DD Central
Posts: 1,179
Likes: 2,961
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Post by Monetus on Mar 22, 2019 22:20:37 GMT
Does this make me a "winner"?  For some reason I don't feel like celebrating...  |
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Post by moneymagnet on Mar 22, 2019 23:01:15 GMT
I won't be taking the crown, although I am in the top five.
I'm at 38.15%, all from the one ridiculously overdue loan I have left.
I could have done a lot worse. I managed to get 9.26% on my total investment with FS even counting the zombie loan as a write off.
Now if I had only gotten out of Collateral sooner...........
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Post by hammertime on Mar 27, 2019 15:43:34 GMT
How is F/S doing i was thinking of joining but have mixed reviews?
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arby
Member of DD Central
Posts: 910
Likes: 959
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Post by arby on Mar 27, 2019 16:18:32 GMT
How is F/S doing i was thinking of joining but have mixed reviews? On average the full stats that FS release show that you should make money. Unfortunately if you are a mixture of poor or unlucky at loan selection you can lose a lot depending on your level of diversification. Lots of people here have been tied up waiting for recoveries for a long time and are understandably bitter.
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benaj
Member of DD Central
N/A
Posts: 5,648
Likes: 1,744
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Post by benaj on Mar 27, 2019 16:36:22 GMT
How is F/S doing i was thinking of joining but have mixed reviews? It depends on your risk appetite. Loan term is supposed to be 6 months, but lately those get renewal / repaid after 230 days in the last 6 months compared to 190 days 12 months ago. Interest accrued for late repayment.  So far I have do not have declared capital loss, but I have 10 loans out of 99 being "active" over 450 days and still waiting for renewal / recovery. The positive bit is I was lucky enough to have 3 loans recovered for capital and interest repayment compared to 218 loans repaid / completed.
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Post by Deleted on Mar 27, 2019 16:55:21 GMT
Sitting bang on 20% and very happy to no longer actively "invest" in FS, FC and Lendy while COL is out of my hands. Luckily only ever put a small amount into P2P, but it still stings. A paper cut but a cut none the less.
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Post by charliebrown on Mar 27, 2019 17:01:15 GMT
How is F/S doing i was thinking of joining but have mixed reviews? On average the full stats that FS release show that you should make money. Unfortunately if you are a mixture of poor or unlucky at loan selection you can lose a lot depending on your level of diversification. Lots of people here have been tied up waiting for recoveries for a long time and are understandably bitter. I’ve come to the conclusion (unfortunately I learnt the lesson the hard way) that it’s better, in my experience, to take the 6-6.5% from RateSetter. The only risk you have is platform failure, which should be significantly less likely than Lendy or FS failing as the riskier platforms are run by morons who are out to make a fast fortune and don’t really seem to care about platform longevity, bad PR and sour investor sentiment. The riskier platforms are like playing Russian roulette and in Lendy’s case every chamber has a bullet.
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