Greenwood2
Member of DD Central
Posts: 4,376
Likes: 2,780
|
Post by Greenwood2 on Oct 29, 2016 12:18:06 GMT
Their risk estimates seem way to low for this type of loan, and quoted to far too high a precision, ie, 1.66%.
|
|
pom
Member of DD Central
Posts: 1,922 
Likes: 1,244
|
Post by pom on Nov 11, 2016 12:56:39 GMT
So has anyone actually really going for this? The loans finally started appearing while I was away (and not very inclined to start trying out a new platform on my phone)...and since I've got back there only seems to be 2 unsecured loans (not really my thing) neither of which appear v popular.
Did any of the loans I missed look remotely appealing? All seems a bit damp squib like am rapidly losing enthusiasm to even vaguely keep funds earmarked
|
|
Greenwood2
Member of DD Central
Posts: 4,376
Likes: 2,780
|
Post by Greenwood2 on Nov 11, 2016 13:17:48 GMT
Looks like the same (only) two loans on the platform. I don't think any others have arrived and been fully funded, but I've pretty much given up looking.
|
|
Steerpike
Member of DD Central
Posts: 1,977 
Likes: 1,687
|
Post by Steerpike on Nov 11, 2016 13:28:16 GMT
I signed up and was ready to commit but so far I have seen no loans in which I am prepared to invest.
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Nov 11, 2016 16:05:25 GMT
Nope, nothing that's come close to interesting me.
|
|
SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
|
Post by SteveT on Nov 14, 2016 12:42:12 GMT
Now 48 hours to go until the two auction close "deadlines" and so far each loan has attracted only £1200 - £1300 of bids from a handful of lenders ...
|
|
cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
|
Post by cooling_dude on Nov 14, 2016 13:12:22 GMT
Now 48 hours to go until the two auction close "deadlines" and so far each loan has attracted only £1200 - £1300 of bids from a handful of lenders ... From memory, they already extended that time limit once. It's a shame, because (initially) it looked like a promising platform. They shouldn't have implemented a bidding system, and they should have simplified the SM (they have implemented what is already an unpopular system elsewhere). As a way to get started, they should have considered 12% pawn loans, to attract an audience. Besides that the two existing loans simply look underpriced.
|
|
upland
Member of DD Central
Posts: 479
Likes: 175
|
Post by upland on Dec 2, 2016 17:35:13 GMT
Property development loan now available.
|
|
n
Member of DD Central
Yet another Nick
Posts: 880
Likes: 461
|
Post by n on Dec 2, 2016 18:20:04 GMT
I don't seem to see the valuation report. What am I missing?
|
|
upland
Member of DD Central
Posts: 479
Likes: 175
|
Post by upland on Dec 15, 2016 7:26:05 GMT
Looks like the first loan is fully funded now.
|
|
n
Member of DD Central
Yet another Nick
Posts: 880
Likes: 461
|
Post by n on Dec 15, 2016 8:45:20 GMT
Thanks to 2 heavy hitters. Rate seems a little low to me but what do I know.
|
|
upland
Member of DD Central
Posts: 479
Likes: 175
|
Post by upland on Dec 15, 2016 10:34:41 GMT
And a new loan to appear later today , a housing development with Clutton Homes Minsterly in Shropshire.
|
|
|
|
Post by ieab0909 on Dec 15, 2016 11:21:46 GMT
Now 48 hours to go until the two auction close "deadlines" and so far each loan has attracted only £1200 - £1300 of bids from a handful of lenders ... Please note PFL is alive! First property deal successfully filled yesterday, and second deal due up today. IFISA facility is coming - hopefully launching in early January.
|
|
ben
Posts: 2,020
Likes: 589
|
Post by ben on Jan 11, 2017 19:01:57 GMT
looks like they are in a rush to get this one drawn down, extended there 2% offer for above £10,000 looks like trying to get a few big investors onboard early.
|
|
|
|
Post by malcolmpiper on Jan 11, 2017 19:46:37 GMT
looks like they are in a rush to get this one drawn down , extended there 2% offer for above £10,000 looks like trying to get a few big investors onboard early. Hi Ben, You're absolutely correct. We had a very good response to our Founder Investor Early Bird Offer, but at the time we didn't hit the mark with the types of loans listed. So we've listened to the early forum comments and found some good investment opportunities. Everyone has different appetites when it comes to investment and while I'm certain the Clutton Homes opportunity isn't right for everyone, it's an asset backed loan to a very experienced developer offered at a fixed 9% pa return and on top we're offering a straight 2% bonus uplift on any amount invested above £10,000. This bonus is paid for the first 12 months and pays out after month 12. Kind regards Malcolm Piper Investing money through Peer Funding Limited means you are lending directly to UK registered small and medium sized businesses, and your capital is at risk. All other Early Bird Investor Offer Terms and Conditions apply. Bonus payments will be made to investors' accounts after 12 months. Please see website www.peerfunding.co.uk for more information.
|
|
