shimself
Member of DD Central
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Post by shimself on Oct 25, 2014 16:18:39 GMT
boats and Planes (trains to follow) Pardon the intrusion, this is a plug for another platform, Ablrate (also of this parish p2pindependentforum.com/board/66/ablrate ). I've got a few k invested so I want them to succeed, apart from this I have no other connection They have a loan running at the moment, 12% interest payable from the day you invest. The borrower is a leasing company which is leasing a plane to an airline, so our ultimate security is the plane. The loan is for £200K, the plane is valued at £3M I prefer this to SS because the loan is clearly tied to the asset, which I think is a lot better than lending the money to SS who lend it on to the housebuilder/boatowner/... The loan will go ahead even if it doesn't fill I believe. What's not to like? What problems can you see in it?
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Post by wildlife2 on Oct 25, 2014 16:49:22 GMT
I will continue to support both,.....but when is the next train due?
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bugs4me
Member of DD Central
Posts: 1,841
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Post by bugs4me on Oct 25, 2014 16:53:38 GMT
boats and Planes (trains to follow) Pardon the intrusion, this is a plug for another platform, Ablrate (also of this parish p2pindependentforum.com/board/66/ablrate ). I've got a few k invested so I want them to succeed, apart from this I have no other connection They have a loan running at the moment, 12% interest payable from the day you invest. The borrower is a leasing company which is leasing a plane to an airline, so our ultimate security is the plane. The loan is for £200K, the plane is valued at £3M I prefer this to SS because the loan is clearly tied to the asset, which I think is a lot better than lending the money to SS who lend it on to the housebuilder/boatowner/... The loan will go ahead even if it doesn't fill I believe. What's not to like? What problems can you see in it? I have an aversion to planes - well the type being offered by Ablrate as they move from country to country and in the event of the lessee not fulfilling an obligation at a particular airport and/or country can easily be impounded. Maybe this eventuality is covered by the insurance but I would very much doubt it. So I'm in a wait and see mode over this ATM with this platform.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Oct 25, 2014 17:01:08 GMT
boats and Planes (trains to follow) Pardon the intrusion, this is a plug for another platform, Ablrate (also of this parish p2pindependentforum.com/board/66/ablrate ). I've got a few k invested so I want them to succeed, apart from this I have no other connection They have a loan running at the moment, 12% interest payable from the day you invest. The borrower is a leasing company which is leasing a plane to an airline, so our ultimate security is the plane. The loan is for £200K, the plane is valued at £3M I prefer this to SS because the loan is clearly tied to the asset, which I think is a lot better than lending the money to SS who lend it on to the housebuilder/boatowner/... The loan will go ahead even if it doesn't fill I believe. What's not to like? What problems can you see in it? How do you know that the plane hasn't got outstanding debt? Ablrate don't buy new planes, you could be effectively taking a second charge. EDIT: Can the Moderators please move this thread to Ablrate.
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Post by sammy on Oct 25, 2014 17:36:48 GMT
Previously being in Aviation insurance wouldn't touch lending on leasing planes with a barge pole very risky if something happens. Even though you may have the plane as security, it could takes months, years, before you could recover you monies and maybe not at all, for various different reasons!
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Post by bracknellboy on Oct 25, 2014 20:53:26 GMT
Mod: Have moved this thread to Ablrate board.
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Post by mrclondon on Oct 25, 2014 21:09:52 GMT
When I signed up to ablrate there was a problem which meant I was unable to receive any emails from them ( this post and the few before refer to the issues) Given I have still not received a single email from them, I'm assuming their email system is still not fit for purpose. Hence I've not looked at the ablrate website or this board since signing up .... and only looked at this thread because it was flagged for the attention of the moderators. ablrate , I'm assuming you are sending out news emails to your registered lenders from time to time ...
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,426
Likes: 1,211
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Post by sqh on Oct 25, 2014 23:58:02 GMT
Previously being in Aviation insurance wouldn't touch lending on leasing planes with a barge pole very risky if something happens. Even though you may have the plane as security, it could takes months, years, before you could recover you monies and maybe not at all, for various different reasons! I am intrigued to hear more about the problems of leasing planes. It would be very interesting if you could list the problems of recovery when things go wrong.
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Post by ablrate on Oct 27, 2014 12:18:12 GMT
boats and Planes (trains to follow) Pardon the intrusion, this is a plug for another platform, Ablrate (also of this parish p2pindependentforum.com/board/66/ablrate ). I've got a few k invested so I want them to succeed, apart from this I have no other connection They have a loan running at the moment, 12% interest payable from the day you invest. The borrower is a leasing company which is leasing a plane to an airline, so our ultimate security is the plane. The loan is for £200K, the plane is valued at £3M I prefer this to SS because the loan is clearly tied to the asset, which I think is a lot better than lending the money to SS who lend it on to the housebuilder/boatowner/... The loan will go ahead even if it doesn't fill I believe. What's not to like? What problems can you see in it? I have an aversion to planes - well the type being offered by Ablrate as they move from country to country and in the event of the lessee not fulfilling an obligation at a particular airport and/or country can easily be impounded. Maybe this eventuality is covered by the insurance but I would very much doubt it. So I'm in a wait and see mode over this ATM with this platform. Hi bugs4me Thanks for your contribution. Commercial aircraft are very well protected by international treaty. There is a good overview here which explains how lessors' right are protected. In most of the loans in which we participate there are also maintenance reserves which can be up to 50% of the monthly lease value. These are held by the lessor (actually in the SPV that owns the aircraft) are are used for scheduled maintenance to avoid there being maintenance debts. The lessor also has 'early warning' system, for example all fees (lending and hangar fees) die by the airline are monitored on a monthly basis to make sure they are up to date. Regards Ablrate
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Post by ablrate on Oct 27, 2014 13:02:33 GMT
When I signed up to ablrate there was a problem which meant I was unable to receive any emails from them ( this post and the few before refer to the issues) Given I have still not received a single email from them, I'm assuming their email system is still not fit for purpose. Hence I've not looked at the ablrate website or this board since signing up .... and only looked at this thread because it was flagged for the attention of the moderators. ablrate , I'm assuming you are sending out news emails to your registered lenders from time to time ... Hi mrclondon As you may be aware we built our system from scratch, not a white label or bought code, we host it on a dedicated server, we have a separate secure email system and we even route emails through a third party company so we can score emails against spam (making sure, in most cases, ours do not appear as spam) and so that we cannot have our emails associated with a 'bad neighborhood' (i.e included in a range of IP addresses that may have been used for spam). In fact it was your issues that prompted us to make sure that we had the best delivery system we could find (so thanks for that!). In your particular case it appeared that the ISP with which your email address is associated was the issue, so we had our hosting company investigate. We also had our third party email routing company investigate. The answer they received from the ISP was unhelpful in that they said the 'user may have a spam filter set too aggressively'. We have tried contacting the company directly to have our domain 'white listed' but the ISP is unresponsive. I checked the logs on our email system for statistics and only 0.17% have bounced and 0.03% have been marked as spam. I know that doesn't help your particular case, and we will continue to improve on email scores which might find its way through your ISP's filter (as it does with a number of other customers on that ISP) but our email is solid, secure and being delivered at a very high percentage rate. When looking at our email system we can only make sure that the spam score is low, that we are not on a 'bad neighborhood' and our domain is not on any spam list (which we check constantly with our third party routing company), we have even, for now, sent all emails out in plain text rather than html, to avoid the problems associated with images. However, with all this, we know we are going to have issues with some emails, unfortunately it just happened to be yours. We will keep working at it. Regards Ablrate
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Post by ablrate on Oct 27, 2014 13:12:58 GMT
Previously being in Aviation insurance wouldn't touch lending on leasing planes with a barge pole very risky if something happens. Even though you may have the plane as security, it could takes months, years, before you could recover you monies and maybe not at all, for various different reasons! I am intrigued to hear more about the problems of leasing planes. It would be very interesting if you could list the problems of recovery when things go wrong. Hi You may find the section on our site which covers this. I understand that experience sometimes puts people off investing in a particular asset (and that is perfectly acceptable - I would not touch unsecured loans with a very large bargepole, for example -). However, the management of our aircraft leasing agent has completed nearly 360+ aircraft transactions in 40 years and has repossessed 3 (two at the same time), and those were done on an amicable basis and the aircraft leased out to another customer with 3 months. I appreciated that some may have experienced a different result. Regards Ablrate
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Post by mrclondon on Oct 27, 2014 19:51:52 GMT
Hi mrclondon As you may be aware we built our system from scratch, not a white label or bought code, we host it on a dedicated server, we have a separate secure email system and we even route emails through a third party company so we can score emails against spam (making sure, in most cases, ours do not appear as spam) and so that we cannot have our emails associated with a 'bad neighborhood' (i.e included in a range of IP addresses that may have been used for spam). In fact it was your issues that prompted us to make sure that we had the best delivery system we could find (so thanks for that!). In your particular case it appeared that the ISP with which your email address is associated was the issue, so we had our hosting company investigate. We also had our third party email routing company investigate. The answer they received from the ISP was unhelpful in that they said the 'user may have a spam filter set too aggressively'. We have tried contacting the company directly to have our domain 'white listed' but the ISP is unresponsive. I checked the logs on our email system for statistics and only 0.17% have bounced and 0.03% have been marked as spam. I know that doesn't help your particular case, and we will continue to improve on email scores which might find its way through your ISP's filter (as it does with a number of other customers on that ISP) but our email is solid, secure and being delivered at a very high percentage rate. When looking at our email system we can only make sure that the spam score is low, that we are not on a 'bad neighborhood' and our domain is not on any spam list (which we check constantly with our third party routing company), we have even, for now, sent all emails out in plain text rather than html, to avoid the problems associated with images. However, with all this, we know we are going to have issues with some emails, unfortunately it just happened to be yours. We will keep working at it. Regards Ablrate Hmm ... just for info, I actually have the plusnet spam filter set at the minimum setting on that mailbox: I've just added ablrate.com into the whitelist for that particular mailbox as an experiment and will let you know if that achieves anything. I'm in agreement with the OP when he said he wants your platform to succeed, hence the fact that you are ruling out a certain % (however small) of potential lenders through lack of email comms is a concern, and adds to the platform risk.
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Post by ablrate on Oct 28, 2014 10:28:50 GMT
Hi mrclondon As you may be aware we built our system from scratch, not a white label or bought code, we host it on a dedicated server, we have a separate secure email system and we even route emails through a third party company so we can score emails against spam (making sure, in most cases, ours do not appear as spam) and so that we cannot have our emails associated with a 'bad neighborhood' (i.e included in a range of IP addresses that may have been used for spam). In fact it was your issues that prompted us to make sure that we had the best delivery system we could find (so thanks for that!). In your particular case it appeared that the ISP with which your email address is associated was the issue, so we had our hosting company investigate. We also had our third party email routing company investigate. The answer they received from the ISP was unhelpful in that they said the 'user may have a spam filter set too aggressively'. We have tried contacting the company directly to have our domain 'white listed' but the ISP is unresponsive. I checked the logs on our email system for statistics and only 0.17% have bounced and 0.03% have been marked as spam. I know that doesn't help your particular case, and we will continue to improve on email scores which might find its way through your ISP's filter (as it does with a number of other customers on that ISP) but our email is solid, secure and being delivered at a very high percentage rate. When looking at our email system we can only make sure that the spam score is low, that we are not on a 'bad neighborhood' and our domain is not on any spam list (which we check constantly with our third party routing company), we have even, for now, sent all emails out in plain text rather than html, to avoid the problems associated with images. However, with all this, we know we are going to have issues with some emails, unfortunately it just happened to be yours. We will keep working at it. Regards Ablrate Hmm ... just for info, I actually have the plusnet spam filter set at the minimum setting on that mailbox: I've just added ablrate.com into the whitelist for that particular mailbox as an experiment and will let you know if that achieves anything. I'm in agreement with the OP when he said he wants your platform to succeed, hence the fact that you are ruling out a certain % (however small) of potential lenders through lack of email comms is a concern, and adds to the platform risk. Hi mrclondon Thank you for that, that will be something to speak with Plusnet about. We would not seek to rule out any lenders, it is just a fact of life that some users will have issues with spam filters and ISP's that for one reason or another find our emails (and other company's emails) not being delivered. We look at the logs at lest once per month to see the delivery rate of emails. Blocked emails, spam reports or bounced mails are investigated and blocked and bounced are reported to our third party providers to see how we can fix those (no matter how small a number). ..and not to labor the point, but we would not want potential and existing lenders to think that we have less technical capability then our competitors, so here are some average delivery statistics: 73.2% of emails sent to Windows Live Hotmail addresses arrive in the recipient's inbox. 85.7% of emails sent to Gmail addresses arrive in the recipient's inbox; 85.3% of emails sent to Yahoo addresses arrive in the recipient's inbox; 81.8% of emails sent to AOL addresses arrive in the recipient's inbox. - IBM "Email Deliverability: Use 2011 Benchmarks to Ensure 2012 Results" (2012) Global inbox placement is at 75.9%. Meaning 1 out of 4 emails do not get placed into the inbox. - DMA "Take outs from the Email Deliverability Masterclass" (2012) We have a 99%+ delivery number, but we continue to try and fix any particular block or spam report as we find them. Thanks again for your feedback, I will let our guys know that it isn't a personal filter issue in your case and see what plusnet come back with. Regards Ablrate
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Oct 28, 2014 10:42:19 GMT
Oh dear! I'm on Hotmail - Outlook. Still, I haven't invested yet so you wouldn't particularly need to contact me. The update emails did arrive recently.
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bugs4me
Member of DD Central
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Post by bugs4me on Oct 28, 2014 11:06:25 GMT
Oh dear! I'm on Hotmail - Outlook. Still, I haven't invested yet so you wouldn't particularly need to contact me. The update emails did arrive recently. Hotmail especially did have a very poor reputation until recently with hacked mail addresses. Think they came a close second to Yahoo. So they (Hotmail) tightened up security but maybe went a bit over the top - normal stuff.
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