SteveT
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Post by SteveT on Sept 14, 2016 13:39:36 GMT
Never mind. There are some big loans available on FS that'll pay them 15%+ for £50k - £100k!
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tomtom
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Post by tomtom on Sept 14, 2016 13:43:26 GMT
Hmmm With that allocation, and with the new bottoms up across the board), I suspect the majority will be happy.... I don't think the BH are going to be happy though Why not?
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Sept 14, 2016 13:51:00 GMT
Hmmm With that allocation, and with the new bottoms up across the board), I suspect the majority will be happy.... I don't think the BH are going to be happy though Why not? On the old system, they (Big Hitters) would have got much more. If this loan had a 25% allocation, and knowing that some BH often invested upwards of 100k in single loans, on the old system some BH would have got 25k in this one loan. I can see some money being sent elsewhere (JMHO)...
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tomtom
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Post by tomtom on Sept 14, 2016 13:57:56 GMT
Thanks
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sl75
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Post by sl75 on Sept 14, 2016 13:59:39 GMT
On the old system, they (Big Hitters) would have got much more. If this loan had a 25% allocation, and knowing that some BH often invested upwards of 100k in single loans, on the old system some BH would have got 25k in this one loan. I can see some money being sent elsewhere (JMHO)... The further point to make is that anyone who had more than £2400 in the OLD loan might not be all that happy either - the old loan fully repaid, and only part of the funds got re-invested in the new one. That'd include BHs and also some of the larger "normal" investors (but not me - I got my requested £500 in full).
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ali
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Post by ali on Sept 14, 2016 14:09:00 GMT
The further point to make is that anyone who had more than £2400 in the OLD loan might not be all that happy either - the old loan fully repaid, and only part of the funds got re-invested in the new one. That'd include BHs and also some of the larger "normal" investors (but not me - I got my requested £500 in full). Or indeed odd people like me who had £1,200 in the old loan. I had to choose £1,000 or £1,500 in the new. As it happens, I was quite happy with £1,000, but I can see how that could have been annoying.
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mikes1531
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Post by mikes1531 on Sept 14, 2016 14:17:10 GMT
Never mind. There are some big loans available on FS that'll pay them 15%+ for £50k - £100k! IIRC, £50k in any of a number of currently available FS loans would earn 16%. With respect to BHs... At this point in SS's development, they may not need BHs. If they can fund £2M loans easily with their current non-BH investors, they might as well try to cultivate more non-BH investors at the moment. If/when their pipeline of new loans gets a lot bigger than it is now, and they don't have a large collection of existing loans set to repay 'imminently', then they'll have something they can offer to BHs without causing a rebellion from their army of smaller investors.
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dan83
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Post by dan83 on Sept 14, 2016 14:17:29 GMT
Again, I didn't get an email informing me this had gone live and how much my allocation was. Your normally good standards have dropped quite abit over the last few weeks saving stream!
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mikes1531
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Post by mikes1531 on Sept 14, 2016 14:20:22 GMT
Again, I didn't get an email informing me this had gone live and how much my allocation was. Your normally good standards have dropped quite abit over the last few weeks saving stream! dan83: My email arrived at 1423. Have you checked your spam filtering?
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dan83
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Post by dan83 on Sept 14, 2016 14:29:44 GMT
Yes, nothing.
I've also noticed the loan advance notice emails have started to go into spam over the last 2 weeks, used to always go to my inbox. is anyone else having this problem?
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dan83
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Post by dan83 on Sept 14, 2016 14:30:50 GMT
Just got it, 15:28
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fp
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Post by fp on Sept 14, 2016 14:48:31 GMT
Hmmm With that allocation, and with the new bottoms up across the board, I suspect the majority will be happy.... I don't think the BH are going to be happy thoughProbably not the ones who were chucking 30k lumps on the SM this morning
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mikes1531
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Post by mikes1531 on Sept 14, 2016 15:18:52 GMT
dan83: Did you notice what time it was sent?
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bababill
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Post by bababill on Sept 14, 2016 15:36:23 GMT
Not too happy.. requested £5000 received zero....
Weirdly my pre-fundng page has gone all amok.
Currently show's £5000 to be requested on PBL132 which I never did.. Maybe I pressed the wrong button... but......
It also shows a request of £3000 on PBL130 which I edited to zero a few days ago.
Doesn't seem right as two different issues... (Yes, I pressed the "save" button not the green "update pre-funding" button.)
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Post by grodecki on Sept 14, 2016 15:47:23 GMT
Not too happy.. requested £5000 received zero.... Weirdly my pre-fundng page has gone all amok. Currently show's £5000 to be requested on PBL132 which I never did.. Maybe I pressed the wrong button... but...... It also shows a request of £3000 on PBL130 which I edited to zero a few days ago. Doesn't seem right as two different issues... (Yes, I pressed the "save" button not the green "update pre-funding" button.) Same for me, although not 5k requested. not ideal
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