ablender
Member of DD Central
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Post by ablender on Nov 16, 2015 8:26:37 GMT
Do I have to buy all the amount displayed for a particular loan or can I set an amount I want to buy?
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Post by emoney on Nov 16, 2015 8:40:19 GMT
Good morning, you can Bid in £10 increments on live loans on the eMarketPlace www.emoneyunion.com/marketplace/ once you have deposited cash into your lender account. Alternatively you can pre-set specific auto-bid amounts to be matched to loan risk grades via your eBidPal option, again you will need cash in your account to activate this tool. Loan parts are available on the secondary market, www.emoneyunion.com/lend/micro-loans/ these are previous bids for completed loans. I hope this answers your question.
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ablender
Member of DD Central
Posts: 2,204
Likes: 555
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Post by ablender on Nov 16, 2015 10:40:12 GMT
So if there is a part/loan on sale on the SM, let us say having a value of £700, I cannot buy just £100 of it. Is this correct?
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Post by emoney on Nov 16, 2015 10:42:57 GMT
That is correct.
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ben
Posts: 2,020
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Post by ben on Dec 5, 2015 13:45:33 GMT
That is correct. Would it be possible to set it that you can buy smaller chunks. Looking at the secondary market unless I want to buy a pretty similar loan there is not much choice.
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Post by emoney on Dec 10, 2015 19:41:02 GMT
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