criston
Member of DD Central
Posts: 1,204
Likes: 628
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Post by criston on Mar 1, 2020 16:36:24 GMT
You can't even rely on the other big ones.
Sunday Times. Jan 12th.
Emergency funds held by peer-to-peer lenders to cover their customers’ losses are running dry after payouts of tens of millions of pounds to compensate for rotten loans. Two of the biggest peer-to-peer lenders, RateSetter and Zopa, have paid out nearly £30m between them to investors from so-called safeguard funds, which are intended to cover bad debts on loans that a borrower has struggled to repay.
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p2pstephan
Member of DD Central
Posts: 91
Likes: 79
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Post by p2pstephan on Mar 1, 2020 18:08:17 GMT
Sale today 1/Mar/2020 Date requested: 09/12/2019
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Post by hostile17 on Mar 2, 2020 11:34:11 GMT
There seems to be two threads going in in one here now, I'm not a moderator here just my opinion... but could we maybe split them out?
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
Posts: 4,041
Likes: 2,386
Member is Online
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Post by keitha on Mar 2, 2020 12:44:18 GMT
another 1.25% and a relist the relist sold this morning
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p2pstephan
Member of DD Central
Posts: 91
Likes: 79
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Post by p2pstephan on Mar 2, 2020 17:13:08 GMT
Sale today 02/MAR/2020 Date requested: 14/06/2019
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supyk
Posts: 25
Likes: 22
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Post by supyk on Mar 2, 2020 17:56:37 GMT
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Post by hostile17 on Mar 2, 2020 18:56:35 GMT
1st round 3/12 | 1.65%
2nd round 11/12 | 1.30%
3rd round 18/12 | 1.12%
4th round 28/12 | 1.61%
5th round 7/1 | 1.22%
6th round 14/1 | 1.17%
7th round 24/1 | 1.35%
8th round 4/2/ | 1.35%
9th round 16/2 | 1.32%
10th round 25/2 | 1.32%
*11th round 2/3 | 1.32%*
Days between sales: 8/7/10/10/7/10/11/12/9/6
Just six days between sales. That's the best since the start of the new scheme. I wonder if they're clearing the backlog, greater liquidity or what?
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Post by filippo on Mar 3, 2020 6:56:22 GMT
Sale requested 19/06
Sold 1.4% 02/03
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Post by moutarde on Mar 3, 2020 11:58:44 GMT
12/07/19 => 03/03/20
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Post by dogeared on Mar 3, 2020 19:12:24 GMT
11th cycle.
As suggested above, bit of a surprise, hope things are moving better.
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jeremy12
Member of DD Central
Everything's frozen
Posts: 83
Likes: 38
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Post by jeremy12 on Mar 3, 2020 21:22:11 GMT
Yes a six day cycle for me too. That is surprising, something fundamental has changed or maybe it's just a blip.
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Post by bernythedolt on Mar 3, 2020 23:28:25 GMT
Yes a six day cycle for me too. That is surprising, something fundamental has changed or maybe it's just a blip. One possibility might be money withdrawn from stock market (Covid-19 scare) finding a new home in FC? Not mine, I hasten to add!
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jeremy12
Member of DD Central
Everything's frozen
Posts: 83
Likes: 38
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Post by jeremy12 on Mar 4, 2020 9:27:19 GMT
Yes a six day cycle for me too. That is surprising, something fundamental has changed or maybe it's just a blip. One possibility might be money withdrawn from stock market (Covid-19 scare) finding a new home in FC? Not mine, I hasten to add! Every cloud...
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ashtondav
Member of DD Central
Posts: 1,808
Likes: 1,087
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Post by ashtondav on Mar 4, 2020 9:40:35 GMT
Fewer lenders selling.
Am i right in thinking most are selling 4 or 5% a month and that a full sell is taking about 2 years?
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vckid
Posts: 19
Likes: 18
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Post by vckid on Mar 4, 2020 10:58:15 GMT
11th round sale completed 03/03/20
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