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Post by ruralres66 on Apr 2, 2020 19:17:18 GMT
'Most P2P investors will continue to profit through the crisis
MICHAEL LLOYD INDUSTRY NEWS, NEWS, 4TH WAY, CORONAVIRUS, COVID-19, CROWDPROPERTY, INVESTORS, MIKE BRISTOW, NEIL FAULKNER, RATESETTER
The vast majority of peer-to-peer investors will continue to profit through the crisis, Neil Faulkner, founder and managing director of 4th Way, has claimed.........
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Stonk
Stonking
Posts: 735 
Likes: 658
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Post by Stonk on Apr 2, 2020 19:34:59 GMT
He would say that, given that he runs a website encouraging P2P lending.
I don't think Neil Faulkner knows anything more than the very experienced P2P lenders on this forum, many of whom are of precisely the opposite opinion.
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Post by ruralres66 on Apr 3, 2020 21:38:30 GMT
With the economy in a perilous state, the Government is planning on injecting hundreds of billions of pounds in stimulus but questions remain about it how it will utilise non-bank lenders in the fintech sector..........The UK’s fintech lending industry can deploy substantial amounts of loans to small businesses to help shore up the economy, according to Rob Straathof, CEO of Liberis, who says the British Business Bank and the Government should urgently enlist their help. Under plans drawn up by the Chancellor Rishi Sunak, the Government will guarantee up to 80 per cent of billions of pounds of loans made to small businesses via certain lending institutions in a bid to help struggling firms with cheap liquidity backed by the state. Five of these lenders - including Aldemore Bank - have temporarily withdrawn from the Coronavirus Business Interruption Loan Scheme, Bloomberg reported yesterday. Others including digital bank Tide says the scheme is available through too few lenders and the scheme itself is not fit for purpose during this crisis.
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sussexlender
Member of DD Central
Cheat seeking missile
Posts: 550
Likes: 916
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Post by sussexlender on Apr 4, 2020 7:43:23 GMT
Many thanks for this information.
Stay safe and well.
SXLR
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Post by ruralres66 on Apr 4, 2020 11:00:43 GMT
Many thanks for this information. Stay safe and well. SXLR Thanks, Safe and I am well though both men here are not; but that is nothing new.....
Both have chronic health conditions which struggle for recognition-(ME/CFS)....
I deal with the finance but their anxieties about RS exceed my anxiety about the current virus situation! I like to get a feel for what is happening in the wider perspective. It would be so easy to be panicked into a decision which would be regretted afterwards.
So I am thinking about all possible scenarios.......
FYI from 23rd March Peer-To-Peer Lenders Seek BoE Bailout
linkhttps://www.pymnts.com/coronavirus/2020/peer-to-peer-lenders-seek-bank-of-england-bailout/
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Post by ruralres66 on Apr 4, 2020 11:03:19 GMT
Astonishing growth in Peer to Peer (P2P) Lending Market which is growing exponentially with the major key players in the market within the forecast Period 2020-2027
ami April 3, 2020
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Post by Harland Kearney on Apr 4, 2020 12:04:51 GMT
Profit from accured interest yes. Profit from capital loss no?
Only platforms that will *profit* will be those that retain investor confidence which so far, alot of main players have completely devestated. Some fault of their own, but on the other hand it appears packed with investors who don't understand the underlying asset they are holding. Moment it becomes illquid its rush for the door and then kick the floor screaming when they were too late.
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Post by nooneere on Apr 4, 2020 13:59:44 GMT
Thanks, Safe and I am well though both men here are not; but that is nothing new.....
Both have chronic health conditions which struggle for recognition-(ME/CFS).... If your menfolk have that nasty condition ruralres66 a food allergy test with this company www.yorktest.com/ might be a better investment than P2P. If they sometimes complain of digestive discomfort or bloating, you should definitely do it. Otherwise a prolonged period (months) of rest. Often people with the condition are characterised by pushing themselves into activity through pain, and it is counterproductive. I don't have the condition myself, but know people who have suffered with it.
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Post by ruralres66 on Apr 4, 2020 17:32:13 GMT
Thanks, Safe and I am well though both men here are not; but that is nothing new.....
Both have chronic health conditions which struggle for recognition-(ME/CFS).... If your menfolk have that nasty condition ruralres66 a food allergy test with this company www.yorktest.com/ might be a better investment than P2P. If they sometimes complain of digestive discomfort or bloating, you should definitely do it. Otherwise a prolonged period (months) of rest. Often people with the condition are characterised by pushing themselves into activity through pain, and it is counterproductive. I don't have the condition myself, but know people who have suffered with it. Off P2P topic!
Thanks for interest.
Done that, (test) have the tee shirt!
Allergy, food intolerance and sensitivities all investigated for both. Private specialist practitioners.
Husband is gluten and milk intolerant. Has had significant fatigue since 1970's and specific symptoms for more than 20 years. Additional adrenal and thyroid insufficiency - not recognised within NHS. Both are 'vulnerable' as I am due to age! We are also adversely impacted by agricultural spraying, as is garden which is regularly 'scorched'....even the grass lawn!
Son has been in isolation since 2000....... This is the norm for those moderately/severely affected with ME.
This current isolation palaver is nothing to us..... But the financial crisis is new.......and is very concerning....and I am very grateful for access to so many on this forum. Thank you all.
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Post by scepticalinvestor on Apr 4, 2020 18:11:20 GMT
but on the other hand it appears packed with investors who don't understand the underlying asset they are holding. Absolutely. Otoh, that's also what some platforms depend on for the phenomenal growth that they exhibit within a short time - enough lenders who (conciously or not) see it as a quasi savings account. Hence names like Quick Access, Access, etc.
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Post by Harland Kearney on Apr 4, 2020 18:14:28 GMT
but on the other hand it appears packed with investors who don't understand the underlying asset they are holding. Absolutely. Otoh, that's also what some platforms depend on for the phenomenal growth that they exhibit within a short time - enough lenders who (conciously or not) see it as a quasi savings account. Hence names like Quick Access, Access, etc. Ironic 
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Post by nooneere on Apr 4, 2020 20:03:39 GMT
Off P2P topic!
Thanks for interest.
Done that, (test) have the tee shirt!
Allergy, food intolerance and sensitivities all investigated for both. Private specialist practitioners.
Husband is gluten and milk intolerant. Has had significant fatigue since 1970's and specific symptoms for more than 20 years. Additional adrenal and thyroid insufficiency - not recognised within NHS. Both are 'vulnerable' as I am due to age! We are also adversely impacted by agricultural spraying, as is garden which is regularly 'scorched'....even the grass lawn!
Son has been in isolation since 2000....... This is the norm for those moderately/severely affected with ME.
This current isolation palaver is nothing to us..... But the financial crisis is new.......and is very concerning....and I am very grateful for access to so many on this forum. Thank you all.
My God, I am so sorry to hear your story.
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Post by ruralres66 on Apr 9, 2020 16:04:12 GMT
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Post by ruralres66 on Apr 9, 2020 16:08:00 GMT
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