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Post by GSV3MIaC on Jan 26, 2014 23:20:04 GMT
Agreed and the small loans are still funded to MBR by Autobidders. So for decent rates they are not worth evaluating, except to buy the odd C- to keep for a few months. Fortunately I have the time available to manage an FC account. You can only blame autobid for 45% of the loan, iirc. plus 10% government. The other 45% is down to sleep bidders. Some small LoANs are OK, if they close early, as one did Friday Pm .. if it turns into a loan, of course, but 15% on an A wasn't bad.
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mikeb
Posts: 1,072 
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Post by mikeb on Jan 28, 2014 18:36:28 GMT
I guessed right, the artificially created 100 loan milestone which will, no doubt, feature large in the next blog entry  Call me psychic/cynical. re: Monday's blog entry -- great that Funding Circle have managed to slap themselves on the back for a job well done in creating the 100 loan milestone and then hitting it. Unfortunately, it seems to have been Connection Reset By Peer at the expense of the stability of the 404: The page you are looking for does not exist! website, and to the detriment of people trying to BID (when the bid button actually DOES anything) in these 100 fantastic, non secured auctions. Unsecured, apart from the two-of-100 with all asset security, one of which I was actively in and bidding on when Connection Reset By Peer I couldn't Connection Reset By Peer access the Fu Connection Reset By Peer ing Circle website at all. When the dust cleared, my existing bid had been booted out with no opportunity to rebid, and I need a new F5 key. So is the next blog entry going to feature another new milestone: "How we managed to sustain a week of unusable website by overloading it?" It's a bit of a shambles, and we've got another week of it to go with all these auctions piling up! 
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