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Post by jabardolas on Mar 24, 2016 8:02:23 GMT
Bondora is always changing stuff and sometimes we don't see all the modifications they introduce.
Thus I create this thread for you to post updates on Bondora.
I'll start, no more withdrawal fees.
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Post by rahafoorum on Mar 24, 2016 9:53:38 GMT
That'll be a long thread. Some of the changes you might've missed: - Loans default after 74 days overdue, not 60+ since sometime in Q4 2015
- Bids aren't binding anymore so you can make a ton of bids irregardless of the amount of funds you have on account and none of them might actually become real investment. No idea if this affects the preference of who gets in first somehow or not. Also no idea what this means to the "Bids" columns in loan dataset. Apparently with this change, you currently can't make more than 1 bid per loan manually as well. In addition, PMs now also seem to be making bids that are less than the set amount, while previously they only bid the exact amount.
- Loans are now sent to DCAs after 7 days of overdue (not default). No comment yet available on the costs, who pays it nor other relevant details of the process.
- Bondora will supposedly keep part of all funded loans on their balance as well to align their interests more with the investors. No information on how big that part actually is or how one could check to see if it's actually happening. Didn't find any bids from "Bondora" in the bids section for any loans at the moment.
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Post by rahafoorum on Mar 24, 2016 11:58:21 GMT
I actually tried to do this in the post here at one point, but it became too difficult to track all the changes and when they were made, so haven't really updated it for a while: rahafoorum.ee/en/bondora-timeline-changes-and-returns/If someone can come up with dates for different updates and help, I could actually update and consolidate all these updates to that one page in chronological order. Knowing the changes often makes a significant difference when analyzing the datasets. |
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