The shape of things to come

I trust those of you who received calls made it clear that the changes would make the platform less attractive?

I would be intrigued to know whether your loss of interest relates to being unable to adequately manage your investment risk, or because returns will be much lower?

The latter.

Why would fixed rate loans be a bad thing ? - They seem to work for property loans.

I'm astonished that they could think that releasing information like this to some people earlier than others could in any way be a sensible thing to do.

Well they give you access to special sector of the market sometimes backed by real assets, often in a one off company, and as such make some sense.

Many of the other loans are more complicated, the company has a history, a credit history but often there is no assignable asset.  The borrower is looking at his rate as an average of all our loans but we are looking at loan rates that interest us.  So if you look at the (let's call it a bell curve with a flared top) shape of the loans many of us want to be in the flared top of the curve often 2% / 3% more than the mean.  If FC introduce this sort of concept the new figure might rise by say 0.5% above the old mean but for some of us we would see our new loans drop by 1.5%.

Needless to say there other portals.

I have been concerned about the rise of the Institutions, is this one of their "bright ideas"?

Good job Saving Stream have just launched Pre-Funding else the servers on the Isle of Wight would start to melt!