oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
|
Post by oldgrumpy on Oct 27, 2015 16:28:51 GMT
blender Pole Position man is an A, but it was a B in 2014. I suppose an unblemished payment record could warrant nudging up one band.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 27, 2015 17:17:45 GMT
blender Pole Position man is an A, but it was a B in 2014. I suppose an unblemished payment record could warrant nudging up one band. Thanks, OG. The B to A could easily be FC grade drift. It's the comparison with A+ scaffolding to the gentry which makes no sense. I do not believe the quality of the PG can make sufficient difference, it is the borrower who is assessed. The accounts are out of date, of course - but that is what we have. In any case I will buy neither - so it's just curiosity for me.
|
|
bigfoot12
Member of DD Central
Posts: 1,817
Likes: 816
|
Post by bigfoot12 on Oct 28, 2015 8:03:11 GMT
Thanks, OG. The B to A could easily be FC grade drift. It's the comparison with A+ scaffolding to the gentry which makes no sense. I do not believe the quality of the PG can make sufficient difference, it is the borrower who is assessed. The accounts are out of date, of course - but that is what we have. In any case I will buy neither - so it's just curiosity for me. , I did lend to the pole man. I am returning to FC with money from AC and TC and looking to diversify widely, but not at any cost so not to the A+ man. I would be very interested to know why you didn't want to lend to him.
|
|
blender
Member of DD Central
Posts: 5,719
Likes: 4,272
|
Post by blender on Oct 28, 2015 8:47:45 GMT
Thanks, OG. The B to A could easily be FC grade drift. It's the comparison with A+ scaffolding to the gentry which makes no sense. I do not believe the quality of the PG can make sufficient difference, it is the borrower who is assessed. The accounts are out of date, of course - but that is what we have. In any case I will buy neither - so it's just curiosity for me. , I did lend to the pole man. I am returning to FC with money from AC and TC and looking to diversify widely, but not at any cost so not to the A+ man. I would be very interested to know why you didn't want to lend to him. Please see the post at the bottom of P1 of this thread. If you read the info in the pitch without knowing the band I doubt you would say A+. We hear it is a whole loan reject, which rather confirms that the reward does not reflect the apparent risk. FC will know more than we do. If you are asking why I do not lend to the A man, just because I prefer to lend on the secured property in larger amounts. If I lent on the unsecured SMEs I would be lending as you have. At present I am not finding much to lend on.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Oct 28, 2015 17:17:04 GMT
FRED DRIFT SPOT THE DIFFERENCE (NO, NOT THE OBVIOUS MINOR VARIATIONS ON THE THEME) Attachments:
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Oct 29, 2015 11:16:19 GMT
OK. One is an A+ loan, the other being an E loan.  |
|
|
|
Post by bonfemme on Oct 29, 2015 11:21:21 GMT
OK. One is an A+ loan, the other being an E loan. I had been wondering what it could be. It should be shocking, but it doesn't surprise me
|
|
