huxs
Member of DD Central
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Post by huxs on Jun 7, 2016 11:12:12 GMT
I agree Unbolted is a great hands free site, just set-up your auto bids put in your money and walk away, I don't have a huge amount in it but takes the least effort to managed. The flip side is that if you want to do DD and pay more attention to what you invest in (which I do on other sites) then Unbolted is probably not for you as the information provided is not great.
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fp
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Post by fp on Jul 15, 2016 13:24:17 GMT
I agree Unbolted is a great hands free site, just set-up your auto bids put in your money and walk away, I don't have a huge amount in it but takes the least effort to managed. The flip side is that if you want to do DD and pay more attention to what you invest in (which I do on other sites) then Unbolted is probably not for you as the information provided is not great. But with a provision fund, you shouldn't really need to worry too much surely?
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ben
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Post by ben on Jul 15, 2016 14:08:47 GMT
I think he saying he prefers to do his own DD and earn slightly more. I use unbolted quite a bit and one site I can not do DD on really. I also like unlike other sites that the borrorower can pay back part at any point. Which is good for both borrower and lenders.
They have a pretty big loan launching on Monday which I might have a look at.
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fp
Posts: 1,008
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Post by fp on Jul 15, 2016 14:14:19 GMT
Thanks ben, I've just opened an account to try out, time for DD is quite often at a premium to me, so anything I can find that saves me a bit of time is worth looking at
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ben
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Post by ben on Jul 15, 2016 14:33:49 GMT
Thanks ben , I've just opened an account to try out, time for DD is quite often at a premium to me, so anything I can find that saves me a bit of time is worth looking at I persoanlly prefer it to the other pawn site (FS and collateral) although I do use them. I am quite happy to accept a slightly lower rate with the provision fund. Personally from p2p I expect to get about 7/8% after bad debts anyway. The few items I have been able to check seem to be valued about right. If time for DD is a premium I would look at bond mason to (although I have not been signed up for long myself).
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fp
Posts: 1,008
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Post by fp on Jul 15, 2016 14:56:46 GMT
Thanks ben , I've just opened an account to try out, time for DD is quite often at a premium to me, so anything I can find that saves me a bit of time is worth looking at I persoanlly prefer it to the other pawn site (FS and collateral) although I do use them. I am quite happy to accept a slightly lower rate with the provision fund. Personally from p2p I expect to get about 7/8% after bad debts anyway. The few items I have been able to check seem to be valued about right. If time for DD is a premium I would look at bond mason to (although I have not been signed up for long myself). I already have a Bond mason account for the other half which we are trying out, its very slow on the uptake of loans though, i'm just waiting to see how long it takes to use up the 1k initial investment, at this rate i'm think 3 to 4 weeks!
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Post by webbski9 on Jul 15, 2016 17:15:25 GMT
I've been with Unbolted almost since the beginning.Am now pretty unhappy.Last 3 loan investments all late or defaulted.O.K I should be able to obtain refunds in due course but its not encouraging in my view.
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ben
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Post by ben on Jul 15, 2016 18:20:28 GMT
I've been with Unbolted almost since the beginning.Am now pretty unhappy.Last 3 loan investments all late or defaulted.O.K I should be able to obtain refunds in due course but its not encouraging in my view. Unhappy why? With pawn items are going to default, if you did not get the money in due course then yeah granted you can be unhappy but as with the other sites it takes time to sell them. If you look at FS for example there is quite a few pawn items that defaulted and most have sold without an issue. So I would not be too worried at this time.
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Post by webbski9 on Jul 15, 2016 19:21:14 GMT
Well maybe Ben.But,never had a problem with Moneything and they pay monthly interest .And,to date,not one default.Its a no-brainer.
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ben
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Post by ben on Jul 15, 2016 19:32:01 GMT
Money thing is different theres are with a partner who have agreed to replace any defaulted items (obviously as long as they survive), once upon a time there was a list of what was in each set and if you looked over time the items changed.
I also agree I prefer the MT pawn items and have quite a bit of these too but at the moment there is no more and only a small amount coming through in the near future. You can see how popular these ones are as get snapped up in seconds.
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Post by webbski9 on Jul 16, 2016 6:44:07 GMT
Yes, indeed Ben,in fact ,it's microseconds . Just look at Collateral.......
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ben
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Post by ben on Jul 16, 2016 19:43:18 GMT
Yes pawn items seem quite popular, new large loan on unbolted on monday for £850K. Items looked valued about right so will probably have a little punt and raid other halfs piggy bank.
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jimc99
Member of DD Central
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Post by jimc99 on Jul 23, 2016 0:20:50 GMT
Just put 1000 into unbolted and used the auto invest gold standard setting. Set to invest 100 in each loan.
Anyone an idea how long it will take to invest the 1000?
Thanks.
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fp
Posts: 1,008
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Post by fp on Jul 23, 2016 10:12:12 GMT
Just put 1000 into unbolted and used the auto invest gold standard setting. Set to invest 100 in each loan. Anyone an idea how long it will take to invest the 1000? Thanks. Just have a look at the "previous loans" and it will give you an idea of frequency, its not a busy site, I have a few quid feeding in on the higher level investment, I think it picked up three this week. The other thing to watch is the percentage, it wont let you have more than 1% of any loan I don't think, so £100 isn't always going to be the investment you get, like it or not.
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n
Member of DD Central
Yet another Nick
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Post by n on Jul 23, 2016 11:03:56 GMT
I too am in the higher rate only. You get an email whenever you are allocated something. To have any chance of mopping up a bit more it is probably a good idea to log on straight away as any remaining capacity disappears quickly, except in the larger loans.
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