bjorn
Posts: 102
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Post by bjorn on Oct 4, 2016 16:23:56 GMT
With the launch of today's loan, it's £200m up at SS: That's a decent milestone to reach and by my calculations they've done it in about the same time as it took FC to reach that level. Well done SS!
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Post by martin44 on Oct 4, 2016 16:26:42 GMT
Yes well done savingstream .. keep the Good loans coming please.
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cooling_dude
Bye Bye's for the PPI
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Post by cooling_dude on Oct 4, 2016 16:50:35 GMT
With the launch of today's loan, it's £200m up at SS: That's a decent milestone to reach and by my calculations they've done it in about the same time as it took FC to reach that level. Well done SS! Actually, that number is slightly rigged as it includes loans that never drewdown and loans that rolled over. The actual sum is closer to £145m (although that wouldn't include today's loan, as it has yet to drawdown).
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bjorn
Posts: 102
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Post by bjorn on Oct 4, 2016 17:12:41 GMT
Actually, that number is slightly rigged as it includes loans that never drewdown and loans that rolled over. The actual sum is closer to £145m (although that wouldn't include today's loan, as it has yet to drawdown). Interesting. Yeah, I just had a look and I make it a bit over £130m in live loans plus another £20m in repaid loans avoiding double-counting those that have rolled into a live loan or those that feature more than once in the repaid list ... for a grand total of a bit over £150m. I wonder if other platforms report their "total lent" figures in the same way? I'd imagine it's a bit all over the place with little consistency from platform to platform.
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jonah
Member of DD Central
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Post by jonah on Oct 4, 2016 18:18:57 GMT
Don't forget all the loans before the new platform... I don't know how much in those and boats etc, but it will add up.
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mikes1531
Member of DD Central
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Post by mikes1531 on Oct 5, 2016 18:51:07 GMT
Don't forget all the loans before the new platform... I don't know how much in those and boats etc, but it will add up. ISTM that you could ignore those. Except for the superyacht loan which was for a significant amount, the loans were relatively small so won't have added up to much in the context of £150-200M of total lending. And you if you're trying not to double count loans that rollover, then you can ignore the earlier loans against the superyacht.
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