mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
Likes: 61
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Post by mcfc on May 9, 2022 9:52:36 GMT
Seems to have been pretty quiet of late on the Quardus front. Think the last opportunity to invest was back at the end of March. Anyone know when the next investment may crop up ?
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Post by Ace on May 9, 2022 10:31:05 GMT
Qardus loans appear without warning, so we don't know when the next one will arrive. QFirst members get notified a few days before they are made public, but that's as much warning as we ever get. There's no harm in messaging the platform to ask what the upcoming pipeline is like if you want to try to plan ahead for your funds.
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Post by df on May 9, 2022 16:58:00 GMT
Qardus loans appear without warning, so we don't know when the next one will arrive. QFirst members get notified a few days before they are made public, but that's as much warning as we ever get. There's no harm in messaging the platform to ask what the upcoming pipeline is like if you want to try to plan ahead for your funds. My first investment went live 8 months ago and now i have 6 in my loan book. If that's a trend, it's about 9 loans per year. You've been with Q longer, what's your 'loan-per year' average so far (not including 2nd Z**m*** campaign if you topped up)?
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Post by Ace on May 9, 2022 17:18:09 GMT
Qardus loans appear without warning, so we don't know when the next one will arrive. QFirst members get notified a few days before they are made public, but that's as much warning as we ever get. There's no harm in messaging the platform to ask what the upcoming pipeline is like if you want to try to plan ahead for your funds. My first investment went live 8 months ago and now i have 6 in my loan book. If that's a trend, it's about 9 loans per year. You've been with Q longer, what's your 'loan-per year' average so far (not including 2nd Z**m*** campaign if you topped up)? I've been with them for 19 months and have 11 loans. That's about 7 loans per year. Loan frequency has been steadily increasing.
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firedog
Member of DD Central
Posts: 300
Likes: 380
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Post by firedog on May 9, 2022 20:53:16 GMT
The only real frustration of the lack of a window to future loans is that you don't know whether to leave any returns in your account or withdraw them.
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Post by Ace on May 9, 2022 21:04:38 GMT
The only real frustration of the lack of a window to future loans is that you don't know whether to leave any returns in your account or withdraw them. I withdraw the funds regardless. One of the problems with platforms using ShareIn is that you can't use funds in your account as part payment for an investment. So, unless you leave large sums in the account, you are going to need to pay for the whole of the new investment visa bank transfer anyway.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on May 9, 2022 21:48:50 GMT
The only real frustration of the lack of a window to future loans is that you don't know whether to leave any returns in your account or withdraw them. I withdraw the funds regardless. One of the problems with platforms using ShareIn is that you can't use funds in your account as part payment for an investment. So, unless you leave large sums in the account, you are going to need to pay for the whole of the new investment visa bank transfer anyway. Or top up the balance to the amount you want to invest then fund it from your wallet, but run the risk that it will all be gone before you have accumulated the funds in place. So I copy Ace.
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Post by birdie on May 10, 2022 7:16:58 GMT
Unless I want to invest my returns elsewhere I just leave them in my account, when a new investment comes onto the platform I invest what's in the account and if I want to invest more I transfer the amount and buy more.
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firedog
Member of DD Central
Posts: 300
Likes: 380
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Post by firedog on May 10, 2022 7:43:30 GMT
Unless I want to invest my returns elsewhere I just leave them in my account, when a new investment comes onto the platform I invest what's in the account and if I want to invest more I transfer the amount and buy more. A wee bit more practical to do so now that the minimum investment is down to £10.
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Post by Ace on May 10, 2022 8:17:07 GMT
Unless I want to invest my returns elsewhere I just leave them in my account, when a new investment comes onto the platform I invest what's in the account and if I want to invest more I transfer the amount and buy more. Yes, a perfectly sensible approach, but doesn't sit well with us OCD types who like to maximise the XIRR on each platform. In the early days there were sometimes several months between new loans. If I can't put the funds to work elsewhere I'd rather have them resting in Loanpad earning something than be left idle. I also don't like that they keep multiple fundings for a loan as seperate investments on the platform, and send multiple emails for each payment.
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littleoldlady
Member of DD Central
Running down all platforms due to age
Posts: 3,017
Likes: 1,835
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Post by littleoldlady on May 10, 2022 14:32:07 GMT
Yes all those emails get to be a pain. Does anyone keep a record of payments? Perhaps I should.
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qwakuk
Member of DD Central
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Likes: 89
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Post by qwakuk on May 10, 2022 14:41:53 GMT
Yes all those emails get to be a pain. Does anyone keep a record of payments? Perhaps I should. I use a program called Microsoft Money to record all transactions, perhaps a bit  but allows me to keep track of all the various platforms and allows me to check year end certificates. The program is now discontinued and as far as I am aware it is now free, can post a link if interested.
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Post by Ace on May 10, 2022 16:32:37 GMT
Yes all those emails get to be a pain. Does anyone keep a record of payments? Perhaps I should. Yes, I keep records, but they are also kept on the platform now. There is a Payouts tab for each loan that details the repayments.
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firedog
Member of DD Central
Posts: 300
Likes: 380
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Post by firedog on May 11, 2022 6:30:52 GMT
Yes all those emails get to be a pain. Does anyone keep a record of payments? Perhaps I should. Yes, I keep records, but they are also kept on the platform now. There is a Payouts tab for each loan that details the repayments. The Cash account statement (under Statements on your portfolio page) is a good place to see all your transactions categorised by Investment/withdrawal/profit payment etc. It can be filtered by those categories, and the statement is downloadable too, although only as a PDF. If it had been a .CSV file so much the better.
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mcfc
I’m invested in Qardus, Loanpad, Proplend, and Crowproperty
Posts: 91
Likes: 61
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Post by mcfc on Nov 6, 2023 16:23:50 GMT
It’s been a bit of a desert out there in Q. land regarding new loans… Cmon Qardus, I’m thirsty.
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but allows me to keep track of all the various platforms and allows me to check year end certificates.