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Post by dan1 on Feb 3, 2018 21:43:23 GMT
Hi everyone, I am very very new to Collateral. Can you guys please give me an idea on what the liquidity is like on the Secondary Market? You'd be forgiven for not realising there is almost £3million of non-property live at the present time. That said it's highly illiquid because it hardly ever gets released for sale by existing lenders. For example, there were two renewals this morning for loans of £7.5k each and I think there was less than £50 available from lenders who didn't set the renewal flag (an oversight I'd suggest). I'll leave other more knowledgeable investors comment on their property offerings.
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izigor
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Post by izigor on Feb 4, 2018 2:43:07 GMT
Hi izigor , I'll try and answer your question the best I can in two parts: a) All 'Bling' type loans are like Gold dust possessing super high liquidity. Collateral have stopped? bringing New offers to their platform so there's the increasing rarity factor.b) In answer to liquidity as it links to property loans please click to view postings by avatar GeorgeT who has earn't a Master's in this subject, a goodly number of his postings relate to liquidity generally and more recently he has specifically focused his lending attentions on Collateral's property offerings. Best regards, J. Thanks magenta14 and dan1. Can I ask, if 'Bling' type loans are so popular why has Collateral stopped bringing new offers to their platform?
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hantsowl
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Post by hantsowl on Feb 4, 2018 10:19:31 GMT
Bling doesn’t scale well and CO wanted to get big fast. Understand that, but they could still throw in the occasional non-property loan to keep the "blingers" happy whilst concentrating their main effort on property.
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acky
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Post by acky on Feb 4, 2018 18:02:39 GMT
Hi everyone, I am very very new to Collateral. Can you guys please give me an idea on what the liquidity is like on the Secondary Market? Liquidity on property loans is almost non-existent, and is the reason I am pulling my money out of Collateral (at least I would if I could!).
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sjg
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Post by sjg on Feb 25, 2018 19:39:54 GMT
Not there now. Sometimes you have to be lucky with the timings and funds available 😀
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applets
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Post by applets on Feb 25, 2018 20:23:08 GMT
Not there now. Sometimes you have to be lucky with the timings and funds available 😀
Looking at the recent purchases, it appears you were beaten to it by the W*******P bot.
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oldtimer
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Post by oldtimer on Feb 25, 2018 20:38:12 GMT
Some Jewellery on now though
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sjg
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Post by sjg on Feb 26, 2018 7:26:46 GMT
Some Jewellery on now though Had a little nibble on that one earlier last week. Now it's gone past it's due date and for the amounts I invest I'll leave it to others.
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sjg
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Post by sjg on Mar 3, 2018 14:02:02 GMT
Some Jewellery on now though Had a little nibble on that one earlier last week. Now it's gone past it's due date and for the amounts I invest I'll leave it to others. Wish I hadn't a little nibble as well now. At least no more fighting for £25 parts of bling loans on renewal at 0900. I just hope some borrowers aren't left high and dry. As they are in the same situation as is on some respects.
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binkle
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Post by binkle on Mar 5, 2018 22:52:44 GMT
Kind of easy to answer this thread at the moment....
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