ablender
Member of DD Central
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Post by ablender on Feb 9, 2016 9:32:13 GMT
I am looking at comparing SM fees on the platforms I use. I can find the following question in ABL's FAQ :
What fees do I pay? , with a reply "There are no fees to register on the platform or to continue to be a member of Ablrate. There is a small fee associated with selling loans on the Secondary Market."
Beyond that, I cannot find what this "small fee" is.
Anyone can help please?
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SteveT
Member of DD Central
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Post by SteveT on Feb 9, 2016 10:08:13 GMT
There are no SM fees that I'm aware of. Perhaps Ablrate wrote the FAQs before deciding not to charge anything for selling on the SM. As Lending Crowd refuse to understand (and so are learning a painful lesson), SM fees kill liquidity which then feeds through to greatly reduced PM bidding.
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Post by ablrate on Feb 9, 2016 10:23:29 GMT
There are no SM fees that I'm aware of. Perhaps Ablrate wrote the FAQs before deciding not to charge anything for selling on the SM. As Lending Crowd refuse to understand (and so are learning a painful lesson), SM fees kill liquidity which then feeds through to greatly reduced PM bidding. Hi You are right, just changed that FAQ. We don't charge a fee at the moment although we may in the future, but as of now there is no fee. Regards Ablrate
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ablender
Member of DD Central
Posts: 2,204
Likes: 555
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Post by ablender on Feb 9, 2016 12:52:15 GMT
Thanks for the replies.
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Investboy
Member of DD Central
Trying to recover from P2P revolution
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Post by Investboy on Feb 9, 2016 13:38:38 GMT
Hi You are right, just changed that FAQ. We don't charge a fee at the moment although we may in the future, but as of now there is no fee. Regards Ablrate Please don't Having premiums is a big pain already 
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Post by Ton ⓉⓞⓃ on Feb 14, 2016 13:46:47 GMT
There are no SM fees that I'm aware of. Perhaps Ablrate wrote the FAQs before deciding not to charge anything for selling on the SM. As Lending Crowd refuse to understand (and so are learning a painful lesson), SM fees kill liquidity which then feeds through to greatly reduced PM bidding. Hi You are right, just changed that FAQ. We don't charge a fee at the moment although we may in the future, but as of now there is no fee. Regards Ablrate If that window is still open on your computer... then the www.ablrate.com/FAQs/View.aspx?id=caa136fe-81ad-4939-896a-f2cd2d970ba8title mentions ISA's but the answer doesn't it's just talks about SIPP's
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Post by ablrate on Feb 15, 2016 12:13:54 GMT
Hi You are right, just changed that FAQ. We don't charge a fee at the moment although we may in the future, but as of now there is no fee. Regards Ablrate If that window is still open on your computer... then the www.ablrate.com/FAQs/View.aspx?id=caa136fe-81ad-4939-896a-f2cd2d970ba8title mentions ISA's but the answer doesn't it's just talks about SIPP's Thank you... updated. Regards Ablrate
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