lobster
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Post by lobster on Nov 28, 2016 8:38:29 GMT
Along the way platforms may or may not disengage with the forum in exasperation that commenting never really stems the flow of increasingly negative questioning. Jack P So true. SS are often accused of not communicating , but on occasions one can hardly blame them. Every time they attempt to answer a query it just seems to raise a hundred more.
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fp
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Post by fp on Nov 28, 2016 10:12:37 GMT
Along the way platforms may or may not disengage with the forum in exasperation that commenting never really stems the flow of increasingly negative questioning. Jack P So true. SS are often accused of not communicating , but on occasions one can hardly blame them. Every time they attempt to answer a query it just seems to raise a hundred more.Maybe this is a sign of their inadequacy to answer the questions fully to the extent all concerns are dealt with?
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elliotn
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Post by elliotn on Nov 28, 2016 10:58:19 GMT
Along the way platforms may or may not disengage with the forum in exasperation that commenting never really stems the flow of increasingly negative questioning. Jack P So true. SS are often accused of not communicating , but on occasions one can hardly blame them. Every time they attempt to answer a query it just seems to raise a hundred more. canofwormsgate - Lend-It 2016.
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lobster
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Post by lobster on Nov 28, 2016 12:14:26 GMT
So true. SS are often accused of not communicating , but on occasions one can hardly blame them. Every time they attempt to answer a query it just seems to raise a hundred more. If this is true, then it would seem that all P2P sites share the same inadequacies ! So often when they attempt to engage, they are inundated. AC is a prime example.
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Post by 101proof on Nov 28, 2016 12:23:33 GMT
Maybe this is a sign of their inadequacy to answer the questions fully to the extent all concerns are dealt with? If this is true, then it would seem that all P2P sites share the same inadequacies ! So often when they attempt to engage, they are inundated. AC is a prime example. Moneything don't seem to have too much of an issue from what I've seen but they seem to communicate a lot better than SS
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Post by geraldine1210 on Nov 28, 2016 12:27:24 GMT
Maybe this is a sign of their inadequacy to answer the questions fully to the extent all concerns are dealt with? If this is true, then it would seem that all P2P sites share the same inadequacies ! So often when they attempt to engage, they are inundated. AC is a prime example. If they answer the question that is asked, fully and openly, there shouldn't be a need for a flurry of questions. Usually questions either receive no response, or an 'answer' that I'd nothing to do with the question.
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Post by Deleted on Nov 28, 2016 12:34:42 GMT
I suspect the big differences on communication between the portals is that MT's Ed understands the whole process intimatly, while for the other portals the communicators are only partially aware of and/or not even in the same building with the other end of the deal. The whole co-location issue is kind of good. MT also have fewer borrowers which are treated more like partners, so the basic business model works well for this element.
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am
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Post by am on Nov 28, 2016 12:35:36 GMT
If this is true, then it would seem that all P2P sites share the same inadequacies ! So often when they attempt to engage, they are inundated. AC is a prime example. Moneything don't seem to have too much of an issue from what I've seen but they seem to communicate a lot better than SS I think that MoneyThing has a good record on communications and transparency, but I also think that they've been flattered by their small scale - fewer opportunities to get it wrong, having the time to devote to communications, and fewer investors to communicate with. As it is there's been a couple of missteps recently (by partners).
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nick
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Post by nick on Nov 28, 2016 13:18:30 GMT
So getting back to this particular loan, there seems to be minimal credit risk as the funds have yet to drawdown and are held in the client account (the full amount given this is a new loan and not a rollover and SS are funding the existing loan from their float), but reinvestment risk is very high as it looks like it is likely to be pulled and relaunched as something else given the change asset underwriting the loan? Is this a fair summary of where we at?
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mikes1531
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Post by mikes1531 on Nov 29, 2016 20:34:22 GMT
... but reinvestment risk is very high as it looks like it is likely to be pulled and relaunched as something else given the change asset underwriting the loan? Is this a fair summary of where we at? ISTM that it all depends on what the replacement deal looks like. If the value of the security and the amount of the loan are reasonably similar, then SS might be able to get away with offering to transfer people's investments across to the new deal. That way, only people who don't like the new deal would have a reinvestment problem. That's just a thought -- and may be totally impractical.
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Post by chrisj on Dec 14, 2016 13:25:19 GMT
Anyone know what is happening with this one? No update for weeks now?
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Jeepers
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Post by Jeepers on Dec 17, 2016 21:25:43 GMT
What's happening with this one savingstream the update from a month ago says funds will be returned within a week. |
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jcb208
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Post by jcb208 on Dec 17, 2016 21:59:19 GMT
I sent a question to them asking for an update on PBL131 Thursday and there reply was "An update on the situation of this loan will be published via our website shortly."so as usual no meaningful update from them yet
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will
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Post by will on Dec 19, 2016 12:04:26 GMT
I'm assuming they meant on geological time scale.
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ped
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Post by ped on Dec 21, 2016 17:18:54 GMT
savingstream will 131 repay, if we want some we need to prefund via the pipe line to 156 or will it be rolled into 156? Please confirm? I understand it is a different bit of land but wanted to check?
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