mightyoak
"Always a chance of rain at times"
Posts: 17
Likes: 6
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Post by mightyoak on Oct 30, 2015 11:57:18 GMT
Went away for 4 weeks at end of September when, as I recall, the "usual" 60/70/80 loan requests were being listed. I get back a month later and the norm now seems to be around 30. Have I missed something? Have the new fixed interest arrangements had an unforseen effect? Can't be the time of year, surely.
BTW, I'm newish to this Forum (was on the old one) but been with Fun Club over 4 years. So, Hi all.
MO
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Post by bonfemme on Oct 30, 2015 12:03:15 GMT
You should have been around a week or so ago. The current number of loans on offer is massive compared to the few weeks previously when there have been as few as four or five available to bid on.
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Post by GSV3MIaC on Oct 30, 2015 12:39:25 GMT
Yep, FC are trying to turn themselves into ReBS.
Partly it's the entirely foreseeable effects of Fixed Rate (auctions are over faster .. small Es are over in minutes), partly it's the fact that 75%+ of SME auctions are going as WLs.
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