locutus
Member of DD Central
Posts: 1,059 
Likes: 1,622
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Post by locutus on Jul 29, 2019 12:13:12 GMT
That's why there are such hard fought battles between investors on here, those looking to warn on one hand, and on the other those seeking to protect their locked in investments. It comes as no surprise the way the forum has evolved.
An interesting perspective and not one I agree with although it does begin to explain some of the more unusual moderation decisions around here. Criticism of platforms, loans and borrowers is very welcome as long as it is supported by sound analysis and real evidence. Unfortunately, a lot of the saner posters have now deserted leaving a vocal minority that are free to rant and rave without ever saying anything of value.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
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Post by ozboy on Jul 29, 2019 14:03:27 GMT
".............those looking to warn on one hand, and on the other those seeking to protect their locked in investments. It comes as no surprise the way the forum has evolved. "Yep, spot on dan1 [ PS/EDIT - I have five figures each, locked into various Platforms, the usual suspects, but that's no excuse not to warn others. It is particularly heinous if your whole investment "strategy" is to just regularly sell all your carp early to someone else. It's not smart, it's despicable. ]
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Post by martin44 on Jul 29, 2019 22:03:05 GMT
My bold. I most certainly believe that their is an unfair (some might say purposefully misleading) relationship between the platforms and their valuers, without doubt there is increasing evidence across all platforms that the valuations placed on most (?) assets are massively inflated, thus leaving the LTV , supposedly 70% almost 100%+ of the real value of the asset.  , virtually everyone on here (bar one or two) pooh pooh-ed my consternation and didn't think The Great Valuations ConScam was a big deal. Oh how many regret that stance now. If you haven't already martin44 read through PBL157/PBL158 - R*****a & C****t, H****** Court Rd DEFAULT Meanwhile, The FCA sips their pink gins, when they're not asleep, and tells themselves what a wonderful job they're doing and how "Light Touch" is working just SO well with P2P. I'll have to agree with that... 
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Post by martin44 on Jul 29, 2019 22:12:35 GMT
That's why there are such hard fought battles between investors on here, those looking to warn on one hand, and on the other those seeking to protect their locked in investments. It comes as no surprise the way the forum has evolved.
An interesting perspective and not one I agree with although it does begin to explain some of the more unusual moderation decisions around here. Criticism of platforms, loans and borrowers is very welcome as long as it is supported by sound analysis and real evidence. Unfortunately, a lot of the saner posters have now deserted leaving a vocal minority that are free to rant and rave without ever saying anything of value.
Past experience would would put me in the same court .... almost.
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