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Post by coolrunning on Jan 9, 2023 15:02:40 GMT
Do we believe that Bondora is of no interest anymore?
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toffeeboy
Member of DD Central
Posts: 505
Likes: 362
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Post by toffeeboy on Jan 9, 2023 18:25:45 GMT
Do we believe that Bondora is of no interest anymore? There's nothing to say about it now it is Go and Grow, you just put your money with them and leave it to grow. I am gradually regaining some of the money I lost prior to go and Grow and might eventually break even.
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Post by rahafoorum on Jan 10, 2023 8:35:23 GMT
Do we believe that Bondora is of no interest anymore? Kind of depends on what your interest is. For investing, it hasn't been very interesting for quite a few years already.
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parisingoc
Member of DD Central
Posts: 87
Likes: 25
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Post by parisingoc on Jan 29, 2023 16:47:45 GMT
Do we believe that Bondora is of no interest anymore? If, like me, you have a degree of masochism, then it is still interesting, in the same way that sticking pins in your own eyes is interesting , but I stick with it because I remember when it was actually really interesting, when loan requests were accompanied by a borrower-written reason for the loan, when Partel replied just because you had registered(!), when the blurb around the site seemed was about what peer-to-peer could be like, when it felt like we were all having a grand adventure, when we were all younger . . . Now? It's hard work. The performance on the site is appalling (I used to work in I.T., at a 99.999 organisation where the customer experience was on our lips every day and we were acutely aware of how bad we really were and we agonised about it and spent long hours trying to get better, and failed a lot, but one year had 000's of visitors who came to see us trying!), the information provided about most loans is arguably fraudulent, the company name tag line is pure irony and, finally, the return on their main product is now close to being beaten by High Street banks here in the UK, particularly if you remember the security guarantee from those same organisations. But still I plough through my cash flow screen every day (except when I have to walk away due to the shockingly bad/none existent response times) and I re-invest all my returns, mainly becuase I have repatriated my "play money" and am now just sloshing profits around and therefore treat it as free money to be played with at no cost to me except my time, which is plentiful in winter as it's cold outside . . . . Now most of my lending is over a longer than 8 year loan period and an average of 2.5% return every month, I am contemplating just letting it wind down and repatriating the cash as I feel like it. How will I fill the hours?
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toffeeboy
Member of DD Central
Posts: 505
Likes: 362
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Post by toffeeboy on Jan 30, 2023 11:53:59 GMT
Do we believe that Bondora is of no interest anymore? If, like me, you have a degree of masochism, then it is still interesting, in the same way that sticking pins in your own eyes is interesting , but I stick with it because I remember when it was actually really interesting, when loan requests were accompanied by a borrower-written reason for the loan, when Partel replied just because you had registered(!), when the blurb around the site seemed was about what peer-to-peer could be like, when it felt like we were all having a grand adventure, when we were all younger . . . Now? It's hard work. The performance on the site is appalling (I used to work in I.T., at a 99.999 organisation where the customer experience was on our lips every day and we were acutely aware of how bad we really were and we agonised about it and spent long hours trying to get better, and failed a lot, but one year had 000's of visitors who came to see us trying!), the information provided about most loans is arguably fraudulent, the company name tag line is pure irony and, finally, the return on their main product is now close to being beaten by High Street banks here in the UK, particularly if you remember the security guarantee from those same organisations. But still I plough through my cash flow screen every day (except when I have to walk away due to the shockingly bad/none existent response times) and I re-invest all my returns, mainly becuase I have repatriated my "play money" and am now just sloshing profits around and therefore treat it as free money to be played with at no cost to me except my time, which is plentiful in winter as it's cold outside . . . . Now most of my lending is over a longer than 8 year loan period and an average of 2.5% return every month, I am contemplating just letting it wind down and repatriating the cash as I feel like it. How will I fill the hours? You're going to have to find something to fill the hours as they are closing manual investment. Everything will have to go through their go and grow so you will have no control over anything.
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Post by coolrunning on Apr 8, 2024 18:46:05 GMT
I havent logged on for 10 months. I just wanted to see if it had died. It was fun (and profitable) while it lasted.
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Post by rahafoorum on Apr 16, 2024 6:54:03 GMT
I havent logged on for 10 months. I just wanted to see if it had died. It was fun (and profitable) while it lasted. If you still have investments there, make sure you turn off Go & Grow. When you logged in, they automatically created a G&G account for you and will move every repayment into it as they arrive on your account.
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