benaj
Member of DD Central
N/A
Posts: 5,592 
Likes: 1,735
|
Post by benaj on Sept 10, 2019 8:32:24 GMT
I think we're seeing more than just a normal seasonal fluctuation. As a result of the I&A product's success, the supply/demand balance is shifting, and we're going to see permanently lower rates on Mintos vs. its peers. The number of available loans on the primary market is trending down over time, suggesting tightening supply of loans. I don't know if others have the same experience, but I'm also seeing auto invest working much worse than before, presumably as a consequence of I&A having the first pick. I'm sure old timers are familiar with the situation where you have an active auto invest strategy doing nothing while you can see matching loans available on the market. That is getting more frequent for me. Mintos has also added a lot of anti-bot stuff in the last 2 weeks (they now use both Cloudflare's "I am Under Attack" protection and Google's reCAPTCHA), which could have been because someone tried to DDoS them, but I suspect it is mainly intended to make script/bot writers' life more difficult. In fact, I'm often prevented from investing manually with various errors such as the attached picture. I think the writing is on the wall. I&A brings Mintos the kind of customers every business wants: ones that value convenience and are willing to pay for it (in lost potential interest). If you have a balanced portfolio based on careful due diligence, you are no longer in their core target group and would benefit from diversifying to other platforms. It seems my Auto Invest strategy is not working lately even it is set correctly. It's annoying.
|
|
|
|
Post by geldregiertdiewelt on Sept 22, 2019 15:33:47 GMT
anybody looking for a perfect example of a crappy investment? try this 1.61 EUR that I&A has put for me into a mortage with 232 months to go  ![]() Attachments:
|
|
benaj
Member of DD Central
N/A
Posts: 5,592
Likes: 1,735
|
Post by benaj on Sept 24, 2019 8:58:14 GMT
I had a quick bite in I&A this morning for 10EUR. Average rate is 8.32%. Some loan parts are as little as 1EUR.
|
|
|
|
Post by petebutt43 on Sept 29, 2019 21:47:49 GMT
anybody looking for a perfect example of a crappy investment? try this 1.61 EUR that I&A has put for me into a mortage with 232 months to go ![]() Obviously that is inside the parameters YOU set. If it isn't contact Mintos!!
|
|
|
|
Post by petebutt43 on Sept 29, 2019 21:48:58 GMT
I had a quick bite in I&A this morning for 10EUR. Average rate is 8.32%. Some loan parts are as little as 1EUR. With the payback options, I am interested in why you are going for such low returns!!
|
|
|
|
Post by geldregiertdiewelt on Sept 30, 2019 22:57:52 GMT
anybody looking for a perfect example of a crappy investment? try this 1.61 EUR that I&A has put for me into a mortage with 232 months to go ![]() Obviously that is inside the parameters YOU set. If it isn't contact Mintos!! Oh yes, thanks, all the parameters I can set for I&A, it's soooo confusing ;-)
|
|
|
|
Post by geldregiertdiewelt on Oct 20, 2019 8:03:35 GMT
I had a quick bite in I&A this morning for 10EUR. Average rate is 8.32%. Some loan parts are as little as 1EUR. I&A average climbed above 9% first time since many weeks. 
|
|
|
|
Post by petebutt43 on Oct 24, 2019 5:56:33 GMT
What is your problem? The current investments is lower as I have been using the returns to fund Mexican 16%+, Russian 17% and Kazakh 18% loans with REALLY good returns on cash-back loans!!
My Euro portfolio:
Account Balance
€ 1 592.98
Available Funds € 0.42
Invested Funds € 1 592.56
Total € 1 592.98
Net Annual Return
12.55%
Interest € 1 576.07
Late Payment Fees € 5.76
Bad Debt € 0.00
Secondary Market Transactions € -0.91
Service Fees € -160.53
Campaign Rewards € 258.93
+ Earn more
Total Profit € 1 679.34
161431 Loans Available
My Investments
119
Current € 1 304.26
Grace Period € 48.28
1-15 Days Late € 113.62
16-30 Days Late € 71.84
31-60 Days Late € 51.52
60+ Days Late € 0.00
Default € 3.05
Bad Debt € 0.00
Total € 1 592.56
Current 95
Grace Period 5
1-15 Days Late 8
16-30 Days Late 6
31-60 Days Late 4
60+ Days Late 0
Default 1
Bad Debt 0
Total 119
By AmountBy Number
|
|
|
|
Post by southseacompany on Oct 24, 2019 7:59:53 GMT
I have been using the returns to fund Mexican 16%+, Russian 17% and Kazakh 18% loans with REALLY good returns on cash-back loans!! You understand the difference between real and nominal returns, right? With eurozone inflation at 0.8% and Kazakhstan inflation at 5.3%, an 18% yield on tenge loans has the same real return as a 13.5% yield on euro ones. I admit 17% is not bad on RUB-denominated investments (equivalent to ~13.8% on euros, with steadily falling inflation). Still, I hope you don't get misled by the nominal rates if currency movements momentarily hide the effects of underlying inflation.
|
|
|
|
Post by geldregiertdiewelt on Dec 27, 2019 9:01:18 GMT
lack of active investors and no fresh money inflow during the holidays -> average return for new I&A jumping to 10.28 %
|
|
toffeeboy
Member of DD Central
Posts: 538
Likes: 385
|
Post by toffeeboy on Jan 7, 2020 11:21:09 GMT
lack of active investors and no fresh money inflow during the holidays -> average return for new I&A jumping to 10.28 % Exactly as it should do, I have been involved in so many of these where the rates drop when there is plenty of money about and never rise again. For it to remain a fluid marketplace rates must go up as well as down.
|
|
