brin
I am trying to stay calm.
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Post by brin on Mar 27, 2016 23:05:38 GMT
hi ilmoro.. do you think gone are the days where 3m loans were one in a few mins? with regards to SS. No, but less likely when 22m has launched in a month. First of that was 4.6m which was fully prefunded. agreed, from an investors point of view, 6 months ago i looked at SS as being a place to invest and then pull my investment at a moments notice through the SM if i needed it (fortunately not been the case yet) but not so sure now, i'm sure i could move a couple of "k" now if i needed to, pretty quick, but not so sure about larger amounts, not that it worries me too much at the moment, but i think the dynamics are changing, favoring the investor more than the seller.
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oldgrumpy
Member of DD Central
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Post by oldgrumpy on Mar 27, 2016 23:06:01 GMT
Maybe the glut of SM availability on various platforms is because of people waiting who are still actually believing that IF ISAs will actually open on April 6th. I wonder whether we'll see anything before July 6th!
We can't tell how much loot is hovering in "available funds" accounts.
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brin
I am trying to stay calm.
Posts: 379
Likes: 69
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Post by brin on Mar 27, 2016 23:16:54 GMT
Maybe the glut of SM availability on various platforms is because of people waiting who are still actually believing that IF ISAs will actually open on April 6th. I wonder whether we'll see anything before July 6th! We can't tell how much loot is hovering in "available funds" accounts. Hi oldgrumpy, i really need to try and get some understanding about IF ISA's I am going to be honest, i do not know anything about them, i have left my ISA situation to my PFA and sort of concentrated on P2P of my own back, i've learned a lot on here, but not nearly enough of what i really should know, my interest on the forum is in direct p2p investment, to be honest, i am not au fait with rest of the investments, .... i get lost when reading some of the posts on here, but i'll keep reading, and getting informed.
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brin
I am trying to stay calm.
Posts: 379
Likes: 69
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Post by brin on Mar 27, 2016 23:29:27 GMT
Anyway... happy Easter monday to everyone.... and do an old(ish) bloke a BIG favour and post your old car pics in the chat section.... ta.
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Liz
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Post by Liz on Mar 28, 2016 8:56:26 GMT
Maybe the glut of SM availability on various platforms is because of people waiting who are still actually believing that IF ISAs will actually open on April 6th. I wonder whether we'll see anything before July 6th! We can't tell how much loot is hovering in "available funds" accounts. 6th July, which year April 6th is clearly not going to happen.
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Post by GSV3MIaC on Mar 28, 2016 11:23:04 GMT
It's certainly not going to happen at SS (and many others) .. I suspect it won't even happen at the 'big 3' who have been marketing it fairly furiously (mail shots, emails, and all sorts). Back on Watford .. another reason it is not flying off the shelves is that these two are to the same borrower, and have very closely correlated risks (i.e. if it turn out to be a dumb idea for one site, the other one is not going to come out smelling of roses), plus iirc the same borrower has an SS loan already .. anyone risk averse will be trimming their holding (in all 3) to suit.
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ablender
Member of DD Central
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Post by ablender on Mar 28, 2016 13:14:03 GMT
ilmoro's list attributes PBL033 to the same borrower. Thus a total of >£14m loans.
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Post by gaspilot on Mar 28, 2016 13:32:50 GMT
PBL 033 is still under the old T&C's isn't it? Despite the 3 month extension.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Mar 28, 2016 14:04:50 GMT
PBL 033 is still under the old T&C's isn't it? Despite the 3 month extension. As far as we know, 3 months extension doesnt seem to have been applied on site yet (probably wont be anyway). PBL33 seems to count term from drawdown 31/5? not launch date 12/5 like more recent loans, so technically with the extension will run to mid/late August.
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Post by yorkshireman on Mar 28, 2016 14:17:18 GMT
I wonder whether we'll see anything before July 6th! Ah but which year?
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Post by supernumerary on Mar 28, 2016 16:34:05 GMT
After the problems with the IT had been resolved by Saving Stream, the figures for 22nd March 2016, gives us all a base line for progress of the funding of this loan; As of 10:41 am approx. Tuesday, 22nd March 2016; 6, 908 Saving Stream investors on the website. PBL087 - Unit 3, Wolsey Business Park, Watford, Herts £801,363 remaining INVESTORS SO FAR 1174 PBL088 - Unit 4, Wolsey Business Park, Watford, Herts £713,190 remaining INVESTORS SO FAR 1146 IMHO, looks likely it may take until the end of March 2016 (and some) before these two loans are fully funded.As of 5:34 pm approx. Bank Holiday Monday, 28th March 2016; 7,005 Saving Stream investors on the website. PBL087 - Unit 3, Wolsey Business Park, Watford, Herts £465,490 remaining INVESTORS SO FAR 1263 PBL088 - Unit 4, Wolsey Business Park, Watford, Herts £308,055 remaining INVESTORS SO FAR 1227
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Post by supernumerary on Mar 31, 2016 8:37:40 GMT
As of 9:35 am approx. Thursday, 31st March 2016;
7,052 Saving Stream investors on the website.
PBL087 - Unit 3, Wolsey Business Park, Watford, Herts £520,206 remaining INVESTORS SO FAR 1290
PBL088 - Unit 4, Wolsey Business Park, Watford, Herts £316,141 remaining INVESTORS SO FAR 1256
Interesting figures. The number of lenders continues to grow on Saving Stream and also in the two loans, BUT the loan figures don’t seem to acknowledge this… There seems to be no headway being made, to fully fund these two loans in last few days!
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Post by supernumerary on Apr 1, 2016 17:55:31 GMT
As of 6:55 pm approx. Friday, 1st April 2016;
7,073 Saving Stream investors on the website.
PBL087 - Unit 3, Wolsey Business Park, Watford, Herts £404,164 remaining INVESTORS SO FAR 1365
PBL088 - Unit 4, Wolsey Business Park, Watford, Herts £280,125 remaining INVESTORS SO FAR 1294
Substantially more new investors (75), in PBL087, with over £115,000 invested since yesterday.
£150,000 approx. invested in the two loans since yesterday and £684,000 approx remaining, it is looking at the moment, that this funding MAY take another six/seven days…
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Post by GSV3MIaC on Apr 1, 2016 20:07:59 GMT
I think that may be optimistic, unless a few more BHs take a bite - I am sure there is a backlog of parts that folks would "quite like to sell", but are not willing to queue up (and lose the interest) for 6 or 7 days, behind what is already there.
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jonah
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Post by jonah on Apr 1, 2016 21:01:54 GMT
I agree with our resident starship. Also, today will have more buyers than normal due to interest repayment. In my head I'm not expecting to see this one total cleared until at least a couple of sizeable loans are repaid. If more new loans come sooner, this might be on the market for a very long time.
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