Some welcome and not so welcome improvements

Panic over, it has been fixed now.

I come to this thread late - I actually do have a life other than Bondora, but sometimes it feels otherwise - and have read through with growing alarm and dismay.

So I logged on and looked for myself.

Bondora appear to have broken every sane process that allows an investor to keep up with activity at a detailed level. I have been using Bondora for over 2 years now and I can honestly say that the latest changes break every one of my those processes I carefully built over that time as I tried to keep some sort of track of MY money.

So now, if I want to see who has paid me over the last n hours (where "n" is greater than 24), I have to export a CSV list that doesn't even contain any Borrower Username, Loan ID or Part ID that is listed on any Bondora-provided "view" on the website. To get to the Identifiers shown in the contract I electronically signed, I now have to download another CSV and match up so-called "loan_id" and "note_id" identifiers across the different CSV lists to find out who made the payment.

I am trying desperately to get out of this sick joke with my original money. I fear I shall not be successfull.

I cannot describe the contempt in which I hold these people.

You can use
www.bondora.ee/en/account/account-statement

and

www.bondora.ee/en/MyAccount/MyLoanPayments

Until bondora kills this pages. Some of the old links are valid since months as

www.bondora.ee/en/account/money

I second that bondora doesn't do a good job.
But their aim is an other than ours (I wrote many mails with Pärtel): they don't like short term investors.
So they like passive investors. And - to be serious - why look at every single loan if you own 1000 of them, each only 5-20€?
It's not the way I like but it may not the worst simply use PM and see 10%+ a couple of years later.
If you think so, you don't have sorrows about defaulted loans, late payments etc.
I don't say that I like it but it isn't so evil as some of you blame it.
I did a lot of analysis of my portfolio - only buy estonion loans is the best strategy. After that buy and relax seem to be better than buy & sell.

Taking the 2 points above from what is an informative post:

Short -Term Investment:  I too do not "like" short-termism when it comes to investment.  On Isepankur as was, I ran 2 accounts - mine and another for my Grandchildren - neither of which were short-term but the latter in particular WAS passive, using the original Investment Manager, entirely Estonian.  It was gradually accumulating too many defaults which became a drag on the decreasing Interest Rate that has been the trend on "Good" Estonian Loans.  I sold up - actually my account took the hit, buying everything (overdues, defaults, the lot) at par from the grandchildren. I do not feel this could have been an unusual "passive" experience.

"why look at every single loan if you own 1000 of them, each only 5-20€": Because I have the time, the inclination, the interest, the capability (See "Decision Trees") and, last but not least, I want to maximise the performance of my investment.  So why does that make me so undesirable as a customer that it appears the organisation is making every attempt to thwart my efforts?

I understand the idea that an organisation wants to focus its limited resources on its chosen market segment, but this organisation has gone from daily sending links (November, 2013) both to all payments made on the previous day as well as the cashflow report (showing all those who had and had not paid), to making such information so hard to find that you now have to go to the "Expert Center (Beta)" (sic), create and download 2 differing extracts and then process those extracts in other software to even approach the same information.

I feel that Bondora is floundering.  The danger with floundering is that it often wounds those trying to help.

Most loans that I wanted were for 60 months, that's not short term investing. Yet what they have done has caused me to sell quite a lot of loans because of uncertainty about what they would do to things like the secondary market, possibly removing my ability to exit if they id something worse. For a firm that claims to want long term investors they have been doing a good job through their own actions of persuading this long term investor that it's a bad idea to do more investing there.

To see whether I want to take any action due to late payments and because Bondora has made it clear that it is not possible to trust on time claims because they can just be loans where Bondora has the status wrong or is making bad news wait in some other way.

Not the worst but not worth having when I can get 12%+ from British places with no exchange rate risk and when there are other options in the Eurozone. And for secured lending with much less unpredictability than the high dependence on recovery effectiveness at Bondora. Even if Bondora was perfect I would not currently be adding money there because I have better choices available.

I am happy that I only have Estonian loans.

Competing with you to buy loans at a discount and resell or hold may also be a useful strategy. How has this secondary market strategy worked for you?

Official expected returns on the PMs keep falling. Soon Bondora's expected return will be in line with Mintos and Twino, but with a significantly riskier loan book. I guess their Spanish and Slovakian escapades are catching up with them and it will become only uglier as Rahafoorum has predicted.