blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Aug 18, 2018 21:32:22 GMT
8.5% sounds ok, until you find out that the borrower is paying 25% for the use of your capital. Personally I would be unhappy with taking all the risk for a third of the reward. Fair point blender , but I get a much smaller share of the pot than that on many platforms. I realize that they're not directly comparable, but some of the unsecured personal loan platforms charge the borrower more than ten times what they pay the lender, and I still invest! Wow! You must be popular. You could just dump all your p2p cash into FC and you would do better, with no effort.
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Post by Ace on Aug 18, 2018 21:48:26 GMT
Fair point blender , but I get a much smaller share of the pot than that on many platforms. I realize that they're not directly comparable, but some of the unsecured personal loan platforms charge the borrower more than ten times what they pay the lender, and I still invest! Wow! You must be popular. You could just dump all your p2p cash into FC and you would do better, with no effort. Not really, can't get near 15% before losses at FC. I do have money in FC, but the jury is out on whether it will stay there.
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Post by marcusponds on Aug 28, 2018 14:31:19 GMT
Being new to Ablrate this may be a dumb question, but...
The received wisdom seems to be to invest primarily in amortising loans for risk reasons. I get that, but with the loan pipeline being empty, the only way to reinvest repayments is via the SM, so surely it make sense to invest in interest only loans ( after proper DD). Otherwise one has a repeating drain of paying over 100% on higher amounts to keep all your money on the market?
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Post by flobberchops on Sept 13, 2018 12:42:23 GMT
Currently 4 loans on the SM offering in total about £14k of parts at par, and that's in addition to about £275k on the primary market. Happy days!
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Post by dan1 on Sept 13, 2018 18:35:09 GMT
Currently 4 loans on the SM offering in total about £14k of parts at par, and that's in addition to about £275k on the primary market. Happy days! I'm not so sure. I guess that it's related to the following news... According to a Companies House filing released today there was an "appointment of receiver or manager" on the borrower of 1000060, C*****T**** Ltd. C*****T**** Ltd is part of the B******N**** Group and is connected to the following loans on Ablrate: 1000059 1000067 1000068 1000085 1000097 1000104 1000105 C*****T**** Ltd is also the borrower on the Middlesborough nightclub on Huddle Capital, loan 1000057. Edit: it should be pointed out that there are multiple charge holders to C*****T**** Ltd and as I understand it any one of the fixed charge holders can appoint a receiver.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329 
Likes: 11,549
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Post by ilmoro on Sept 13, 2018 19:10:35 GMT
This relates to a specific pub and will not impact on the companies assets as a whole as there is no debenture to the charge holder who has enforced security (popular cheap lager) Receiver is only pertinent to the specific asset. May be a CG. Not related to either Ablrate or Huddle loans directly.
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nw99
Posts: 340
Likes: 114
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Post by nw99 on Sept 14, 2018 17:06:30 GMT
Many thanks
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nw99
Posts: 340
Likes: 114
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Post by nw99 on Nov 3, 2018 15:17:05 GMT
113 big sellers about
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Post by elephantrosie on Dec 6, 2020 17:37:09 GMT
how to cancel SM bids?
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Post by ladywhitenap on Dec 6, 2020 17:53:13 GMT
elephantrosie ASMX I presume you mean Rosie? Click on orders bottom left and Bob is your mother's brother LW
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criston
Member of DD Central
Posts: 1,204
Likes: 628
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Post by criston on Dec 6, 2020 18:00:41 GMT
elephantrosie ASMX I presume you mean Rosie? Click on orders bottom left and Bob is your mother's brother LW And I think, you may need to hit the up arrow to the right in the same horizontal blue strip.
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Post by ablrate on Dec 11, 2020 15:22:30 GMT
We have some updates coming:
1) No 5% tolerance on market orders. This means that the system will risk check the trade (i.e see what the worst price could be and the trade at that limit negating the need for tolerance. This will allow you to invest everything in the account.
2) Allow fill-or-kill orders to match multiple lenders provided whole order is guaranteed to fill.
In the background we have also been working on the API for automatic trading which will be available to liquidity providers.
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Post by elephantrosie on Dec 14, 2020 1:00:12 GMT
elephantrosie ASMX I presume you mean Rosie? Click on orders bottom left and Bob is your mother's brother LW And I think, you may need to hit the up arrow to the right in the same horizontal blue strip. thanks. clear instruction
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Post by elephantrosie on Dec 14, 2020 1:00:33 GMT
elephantrosie ASMX I presume you mean Rosie? Click on orders bottom left and Bob is your mother's brother LW thanks. clear instruction
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Post by Ace on Jul 13, 2021 13:19:33 GMT
ablrate, I notice that there have been some recent trades (and the current top bid) on loan 65 that would result in a loss for the purchaser, assuming the loan repays on schedule. I'm not certain, but I think this used to be prevented on the old SM. Is it a case of buyer beware on ASMX?
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