baldpate
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Post by baldpate on Jun 15, 2016 8:08:31 GMT
Is there way of knowing when loans are being made to the same borrower? I suspect that all the recent long run of Jewellery loans (with ids beginning "COLBB") have been to the same person (the retail jeweller who is relocating his business), but I would be grateful if a representative of Collateral could confirm whether the first 5 letters of the loan id reliably distinguish one ultimate borrower from another?
I ask, obviously, as I have self-imposed limits on how much I will lend to any one business/borrower (even if benefitting from multiple security packages). I am nowhere near that limit yet with the COLBB series, but I would like to be able to monitor this aspect.
Thanks
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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 Jun 15, 2016 9:03:21 GMT
Is there way of knowing when loans are being made to the same borrower? I suspect that all the recent long run of Jewellery loans (with ids beginning "COLBB") have been to the same person (the retail jeweller who is relocating his business), but I would be grateful if a representative of Collateral could confirm whether the first 5 letters of the loan id reliably distinguish one ultimate borrower from another? I ask, obviously, as I have self-imposed limits on how much I will lend to any one business/borrower (even if benefitting from multiple security packages). I am nowhere near that limit yet with the COLBB series, but I would like to be able to monitor this aspect. Thanks COLBB just denotes a buyback loan, it doesnt link borrowers like on MT for example. (film has same prefix) Maybe collateral could add an identifier to the start of loan number where relevant ACOLBB, BCOLBB etc as an easy quick solution?
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Post by Collateral Rep on Jun 15, 2016 9:45:23 GMT
Hi,
Thanks for your comments and yes we will look to make the reference unique to the borrower, so identifying different borrowers is easier. We have a few updates on the go which will need to be finished first, but it will be done ASAP.
Many thanks,
Gordon
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baldpate
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Post by baldpate on Jun 15, 2016 10:39:01 GMT
Thanks Gordon
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investibod
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Post by investibod on Jun 15, 2016 12:51:39 GMT
I am liking very much how responsive to suggestions the platform representative is being. Reminds me a lot of MT.
I have dipped my toe in the water with a few small investments, but it looks like you have to be fast. I log on when I see the loan notifications, but most of the time they are already filled.
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Post by retired2005 on Jun 15, 2016 13:01:16 GMT
investibod see my correspondence with Gordon on the new loans thread ....
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investibod
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Post by investibod on Jun 15, 2016 13:04:06 GMT
investibod see my correspondence with Gordon on the 'new loans available' thread .... Thanks. Yes I saw that thread after I had replied on this one.
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