Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Jul 1, 2017 22:57:46 GMT
Yep, the SM is great at the moment for all of the ISA holders. Discounted loans and tax free.
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Post by dan1 on Jul 4, 2017 8:51:04 GMT
A few minutes ago I saw a sapphire part at 0.7% discount. It was gone by the time I tried to buy but why oh why do people do this? At 0.3% premium it would have sold in minutes, saving themselves 1% or a months interest.
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Post by badboyyardy on Jul 4, 2017 9:28:51 GMT
Can someone confirm does interest only stop accruing once listed or only once bought up by someone else?
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nick
Member of DD Central
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Likes: 825
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Post by nick on Jul 4, 2017 9:49:03 GMT
Can someone confirm does interest only stop accruing once listed or only once bought up by someone else? Interest accrues until sold (not on listing). SS is the only platform that I'm aware of that stops interest accruing at the point of listing......
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Post by dan1 on Jul 4, 2017 10:33:46 GMT
Interest accrues until sold (not on listing). SS is the only platform that I'm aware of that stops interest accruing at the point of listing...... Interest stops accruing from point of listing on COL too.
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r00lish67
Member of DD Central
Posts: 2,692
Likes: 4,048
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Post by r00lish67 on Jul 14, 2017 14:15:18 GMT
Oooh, the FS auto-email just told me that I sold a loan part, with the amount I've sold! Nice...Can we have the loan name too whilst you're tinkering fundingsecure ? |
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Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
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Post by Liz on Jul 14, 2017 16:41:47 GMT
Oooh, the FS auto-email just told me that I sold a loan part, with the amount I've sold! Nice...Can we have the loan name too whilst you're tinkering fundingsecure ? I do like this change, before I would see the e-mail, pray someone bought a large amount £5K+, only to log on and...someone bought £25!
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r00lish67
Member of DD Central
Posts: 2,692
Likes: 4,048
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Post by r00lish67 on Jul 14, 2017 16:49:16 GMT
Oooh, the FS auto-email just told me that I sold a loan part, with the amount I've sold! Nice...Can we have the loan name too whilst you're tinkering fundingsecure ? I do like this change, before I would see the e-mail, pray someone bought a large amount £5K+, only to log on and...someone bought £25! Yep - and then if it is a reasonable amount, the then copy-pasting the loan ref into the 'all loans' section to find out what you actually sold..
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r00lish67
Member of DD Central
Posts: 2,692
Likes: 4,048
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Post by r00lish67 on Jul 17, 2017 12:48:28 GMT
Loan names duly added to sale e-mails, thankyou fundingsecure ! Right, what's next?  |
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daveb4
Member of DD Central
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Likes: 116
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Post by daveb4 on Sept 1, 2017 17:08:02 GMT
There seems to be a reduction of decent loans on secondary market in last few weeks.
I used to pick up quite a lot at 0/discount but recently there has been a distinct lack of good ones. Appreciate some were average but with hefty discounts but on that basis it was worth buying a few.
Either I have missed them or not much being sold?
Ps nit that interested in ones with premiums
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Post by dan1 on Sept 1, 2017 17:55:07 GMT
There seems to be a reduction of decent loans on secondary market in last few weeks. I used to pick up quite a lot at 0/discount but recently there has been a distinct lack of good ones. Appreciate some were average but with hefty discounts but on that basis it was worth buying a few. Either I have missed them or not much being sold? Ps nit that interested in ones with premiums I assume it's just the holiday season with too few new loans driving up the prices on the secondary market. Supply & demand I guess.
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Post by dan1 on Sept 4, 2017 16:45:34 GMT
There seems to be a reduction of decent loans on secondary market in last few weeks. I used to pick up quite a lot at 0/discount but recently there has been a distinct lack of good ones. Appreciate some were average but with hefty discounts but on that basis it was worth buying a few. Either I have missed them or not much being sold? Ps nit that interested in ones with premiums I assume it's just the holiday season with too few new loans driving up the prices on the secondary market. Supply & demand I guess. From the September Newsletter: Despite the holiday season, the volume of loans remained high. However, with several brokers and solicitors away during August we do expect September to be a little quieter, but the longer term pipeline remains very healthy.
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