p2pmaster
investment is life.
Posts: 128
Likes: 54
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Post by p2pmaster on Sept 2, 2016 13:58:36 GMT
Investly has set minimum interest rate at 8%, which limits investors ability to participate in auctions and deploy money.
For smaller invoices, there is no chance to get a grab and money sits idle. Maybe it is the right time to decrease minimum interest rate?
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ali
Member of DD Central
Posts: 313
Likes: 311
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Post by ali on Sept 2, 2016 14:46:45 GMT
There must be easier ways to throw your money away, surely? Even at 8% APR, either the probability of default has to be tiny or the term has to be huge to make the expected yield positive.
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Post by buttchopf23 on Sept 2, 2016 15:07:46 GMT
I am always astonished how many people lend at 8% (and want to get even lower).
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Post by gmaxkenny on Sept 2, 2016 20:42:20 GMT
I have never had much invested with Investy and now with most auctions finishing way below my autobid of 13% I am withdrawing and investing elsewhere.
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Post by kristjan on Sept 5, 2016 12:07:11 GMT
Investly has set minimum interest rate at 8%, which limits investors ability to participate in auctions and deploy money. For smaller invoices, there is no chance to get a grab and money sits idle. Maybe it is the right time to decrease minimum interest rate? p2pmaster, we don't have plans to lower the rate. We have increased our support team to handle more business - this will allow us to sign up more companies, which means more invoices.
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