Post by Deleted on Feb 7, 2015 9:54:31 GMT
Hi,
When bidding for new loans, does it make sense to keep the parts quite small (e.g. less than £20) rather than having larger chunks?
If I want to get £500 of a loan, is it better to bid 25 x £20, as opposed to 5 x £100?
I am assuming that, when it comes to reselling parts on the second market, it will be easier to sell smaller parts progressively. On the other hand, it's more effort for someone to buy lots of small parts.
However, I don't know if there are some other pros/cons, such as winning the bids.
Thanks,
S.
When bidding for new loans, does it make sense to keep the parts quite small (e.g. less than £20) rather than having larger chunks?
If I want to get £500 of a loan, is it better to bid 25 x £20, as opposed to 5 x £100?
I am assuming that, when it comes to reselling parts on the second market, it will be easier to sell smaller parts progressively. On the other hand, it's more effort for someone to buy lots of small parts.
However, I don't know if there are some other pros/cons, such as winning the bids.
Thanks,
S.
