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Post by webbski9 on Aug 20, 2015 18:45:46 GMT
yes, volume,defaults percentage,background info ..... Thanks in advance. webbski9
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Post by wiseclerk on Aug 20, 2015 20:45:14 GMT
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Post by Financial Thing on Aug 20, 2015 23:21:08 GMT
Been using Mintos for a few months now. Two thumbs up as long as things keep going well in Latvia. I would put this in the high risk category though as interest rates are high (seems standard for Euro loans) and currency risk is at play here.
SM is quie liquid and love the buy back on the Mogo loans but how stable is Mogo? who knows.
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Post by webbski9 on Aug 21, 2015 7:35:12 GMT
Thank you Wiseclerk and Optionstrader,but I was wanting more info on Twino. Any thoughts? Best Regards webbski9
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Post by webbski9 on Aug 21, 2015 9:05:05 GMT
I use Twino primarily and will start using Mintos now too. Twino seems to be better at communication than martins from my experience. I've never struggled to get answers from Twino and they seemed flexible with policy to accommodate investors. I've tried calling Mintos twice about deposit issue I am having and still haven't heard about it from them as the guy looking after it is not in office. Surprised it's a one man show for deposits. The amount isn't big as am just testing waters with Mintos and have limited it to €1500 but if it was more I would be very worried at the moment. Twino had some very good interest rate with high risk but with restructuring they've done offering buy back on all loans it seems more interesting now. My main concern is GBP-EUR exchange rate fluctuation and lack of FCA like regulation in Eastern Markets that both of them seem to operate in. Though from Article posted by Mintos they do seem to be planning to move to UK to come under FCA regulation, which might make them more lucrative to me. JamesFrance is also investing in Twino it seems, he may have some comments. Admin could be nice to create a Twino sub-board?
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Post by webbski9 on Aug 21, 2015 9:06:10 GMT
Admin...could we have a board for Twino please? Many Thanks webbski9
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Post by gmaxkenny on Aug 21, 2015 11:41:26 GMT
Thank you Wiseclerk and Optionstrader,but I was wanting more info on Twino. Any thoughts? Best Regards webbski9 As Twino is only a few months old it might be better looking up their parent company FinaBay who have been around since 2009. They look like becoming a serious rival to Mintos as their loans are now from 6 different counrties but Mintos moving their operations to London might change that.
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Post by webbski9 on Aug 21, 2015 13:01:13 GMT
Many Thanks Gmax
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,317
Likes: 893
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Post by JamesFrance on Aug 21, 2015 13:39:25 GMT
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Post by webbski9 on Aug 21, 2015 15:22:23 GMT
Thanks James
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