elliotn
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Post by elliotn on Feb 25, 2017 15:47:33 GMT
Let's see if a large cash injection will reduce the SM available value. Don't forget the two new loans going live on Monday. Half the value of the farms, c15% lower rate & AC's sloppy 2nds to boot - let's hope it helps our SM.
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stevio
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Post by stevio on Feb 25, 2017 16:17:05 GMT
Suppose it good new that it is repaying, but is currently my biggest loan on SS, looks like another chunk of the platform. Surprised you have kept this that long ben ?
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elliotn
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Post by elliotn on Feb 25, 2017 16:22:08 GMT
Suppose it good new that it is repaying, but is currently my biggest loan on SS, looks like another chunk of the platform. Surprised you have kept this that long ben ? Heard this before, some consider this some of the best security on p2p, capital twice cut by borrower and good price for farmland.
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ben
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Post by ben on Feb 25, 2017 16:25:38 GMT
Suppose it good new that it is repaying, but is currently my biggest loan on SS, looks like another chunk of the platform. Surprised you have kept this that long ben ? Why? I only invest in loans I intend to hold and SS have very few of those loans left.
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ben
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Post by ben on Feb 25, 2017 16:27:43 GMT
Surprised you have kept this that long ben ? Heard this before, some consider this some of the best security on p2p, capital twice cut by borrower and good price for farmland. It was probably the best loan currently on SS. Decent security and decent other backers.
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stevio
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Post by stevio on Feb 25, 2017 16:33:46 GMT
Surprised you have kept this that long ben ? Why? I only invest in loans I intend to hold and SS have very few of those loans left. Fair enough and your keeping with that strategy even with the 1st March changes to SS? Don't get me wrong, I respect your input on here as another experienced investor and I am just interested in strategies with the impending changes
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elliotn
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Post by elliotn on Feb 25, 2017 16:40:26 GMT
Any news on this, why so much on the SM Payment expected imminetly.
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ben
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Post by ben on Feb 25, 2017 16:41:07 GMT
Why? I only invest in loans I intend to hold and SS have very few of those loans left. Fair enough and your keeping with that strategy even with the 1st March changes to SS? Don't get me wrong, I respect your input on here as another experienced investor and I am just interested in strategies with the impending changes I do not use the secondary market now so will make no difference to me. I skip out on a lot of the loans on SS not due to the actual security, as to be fair a lot of it is not to bad (although granted some valuations appear to be a work of science fiction) for the rates offered, but due to the borrower and their history.
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twoheads
Member of DD Central
Programming
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Post by twoheads on Feb 25, 2017 16:53:13 GMT
Repaid at 16:51.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Feb 25, 2017 16:58:53 GMT
SS may have their faults at the moment, many are indeed warranted IMHO... However, this is a successful loan and is the largest loan to repay to date (if we ignore loans that rolled on, and loan that didn't drawdown), so I think that is a feather in savingstream 's cap and congratulations are in order  |
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ben
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Post by ben on Feb 25, 2017 17:03:21 GMT
SS may have their faults at the moment, many are indeed warranted IMHO... However, this is a successful loan and is the largest loan to repay (if we ignore loans that rolled on, and loan that didn't drawdown), so I think that is a feather in SS cap and congratulations are in order Could not agree more if they got loans like this at the 8/9% rate I doubt to many would complain.
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pom
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Post by pom on Feb 25, 2017 18:21:52 GMT
SS may have their faults at the moment, many are indeed warranted IMHO... However, this is a successful loan and is the largest loan to repay (if we ignore loans that rolled on, and loan that didn't drawdown), so I think that is a feather in SS cap and congratulations are in order Could not agree more if they got loans like this at the 8/9% rate I doubt to many would complain. Someone will always complain 
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