ganymede
Member of DD Central
Posts: 299 
Likes: 207
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Post by ganymede on Sept 16, 2020 20:04:30 GMT
The full loan proposal will be available on the platform shortly but the highlights are: - £55,000 loan - 48 month term on a capital & interest basis - 3rd charge over residential property - 16% interest rate - 60% LTV
There hasn't been a new long for a very long time.
Problem for me is... Record for loans in the past - it's hard to recall any loans which haven't ended up defaulting. A large number of Loans remain unresolved with no updates. Capital loss is far greater than the return in interest, until loans are recovered.
Just a few loans still paying interest.
Will look tomorrow at details, but very doubtful I will be investing.
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huxs
Member of DD Central
Posts: 300 
Likes: 218
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Post by huxs on Sept 17, 2020 13:17:31 GMT
Did I miss this one I can't see it on the site at all ?
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Post by df on Sept 17, 2020 13:29:39 GMT
Did I miss this one I can't see it on the site at all ? No you didn’t. It says in email that the loan is coming on platform this week (presumably today or tomorrow).
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Post by df on Sept 17, 2020 17:06:50 GMT
Live now. Interest is reduced to 14%. Doesn't look like it will fly off the shelves.
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ganymede
Member of DD Central
Posts: 299
Likes: 207
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Post by ganymede on Sept 17, 2020 19:07:05 GMT
Looks like a few have signed up for this loan having looked and £120 bid so far.
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huxs
Member of DD Central
Posts: 300
Likes: 218
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Post by huxs on Sept 18, 2020 7:36:15 GMT
Yep only 20% taken so far this morning. I am no judge of a loan as been burnt badly by both L and FS but to my view the combined security seems ok and turnover seems ok, maybe I am just to optimistic ?
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mw
Member of DD Central
Posts: 178
Likes: 81
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Post by mw on Sept 18, 2020 8:58:53 GMT
Is anyone getting emails from Huddle. I don't seem to be receiving them any more even with withdrawals! So was only by chance I saw a notification on the site!
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archie
Posts: 1,838
Likes: 1,842
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Post by archie on Sept 18, 2020 9:18:01 GMT
Is anyone getting emails from Huddle. I don't seem to be receiving them any more even with withdrawals! So was only by chance I saw a notification on the site! I get them and I'm not a Huddle lender. 
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KoR_Wraith
Member of DD Central
Posts: 293
Likes: 297
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Post by KoR_Wraith on Sept 18, 2020 10:24:22 GMT
Yep only 20% taken so far this morning. I am no judge of a loan as been burnt badly by both L and FS but to my view the combined security seems ok and turnover seems ok, maybe I am just to optimistic ? I took a big chunk this morning, had to wait for yesterday's bank transfer to be credited to my account. I've made no judgement on the viability of the business but the security looks decent.
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hazellend
Member of DD Central
Posts: 2,361
Likes: 2,179
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Post by hazellend on Sept 18, 2020 13:12:00 GMT
Is anyone getting emails from Huddle. I don't seem to be receiving them any more even with withdrawals! So was only by chance I saw a notification on the site! No, also not getting emails anymore when interest paid or withdrawn
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KoR_Wraith
Member of DD Central
Posts: 293
Likes: 297
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Post by KoR_Wraith on Sept 18, 2020 14:23:52 GMT
I'm receiving all relevant repayment, withdrawal and the new loan email.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 10,840
Likes: 11,068
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Post by ilmoro on Sept 18, 2020 18:32:48 GMT
Yep, receiving all emails, had the two trumpeting the early repayment of the C*****t***K loan today
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ganymede
Member of DD Central
Posts: 299
Likes: 207
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Post by ganymede on Sept 18, 2020 20:01:41 GMT
Yep, receiving all emails, had the two trumpeting the early repayment of the C*****t***K loan today I normally get these, but not this time, I did get the one for the new loan, not email working every time.
I will be withdrawing the repayment, rather than investing in the new loan.
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