Rates edge lower (CP)

Ace Moderator Posts: 5,022 Likes: 5,704	Rates edge lower (CP) Dec 5, 2021 15:58:36 GMT ton27 and sussexpeer like this Quote Select Post Deselect Post Link to Post Back to Top Post by Ace on Dec 5, 2021 15:58:36 GMT I see that there is a loan scheduled for 11th Jan 2022 at a lender rate of 6.8%. This is the first time I've noticed a loan below 7%.
	Last Edit: Dec 5, 2021 15:59:01 GMT by Ace I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

dave4
Member of DD Central

Cynical is a hobby not a lifestyle

Posts: 1,002
Likes: 571

Rates edge lower (CP) Dec 5, 2021 16:16:51 GMT Ace and p2pfan like this

Quote

I see that there is a loan scheduled for 11th Jan 2022 at a lender rate of 6.8%. This is the first time I've noticed a loan below 7%.

Add in maybe 3 weeks or so of CP lender funds storage, boe interest rate and inflation, not to generous.

ton27
Member of DD Central

Posts: 431

Likes: 267

Rates edge lower (CP) Dec 6, 2021 10:44:46 GMT

Quote

I see that there is a loan scheduled for 11th Jan 2022 at a lender rate of 6.8%. This is the first time I've noticed a loan below 7%.

Add in maybe 3 weeks or so of CP lender funds storage, boe interest rate and inflation, not to generous.

I already have somewhere near my max lend with CP so will likely be taking little or none of this loan.

Ace Moderator Posts: 5,022 Likes: 5,704	Rates edge lower (CP) Mar 1, 2022 13:20:24 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by Ace on Mar 1, 2022 13:20:24 GMT Rates edge lower. There's one at 6.5% in the schedule now.
	I'm an equity investor in AxiaFunder and a minor equity investor in Brickowner, Crowdstacker, Proplend, CrowdProperty, Assetz Capital, Elfin Market, Qardus, Loanpad, Shojin & CapitalRise (and regrettably Fund Ourselves and ABLrate). All info and opinions stated are in a personal capacity. This time next year I'll be a miwionaire Rodders!

ton27 Member of DD Central Posts: 431 Likes: 267	Rates edge lower (CP) Mar 1, 2022 13:34:50 GMT Quote Select Post Deselect Post Link to Post Back to Top Post by ton27 on Mar 1, 2022 13:34:50 GMT With general interest rates trending upwards the reductions can only be due to competition or CP increasing their margins.