huxs
Member of DD Central
Posts: 300
Likes: 218
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Post by huxs on Nov 14, 2016 16:50:17 GMT
What on earth do SS think they are doing? A good quality large loan (£4M?) to be 12%, while a clearly risky small loan (£250K?) is to be 9% (or less?).... purely because they can get away with it? News for you, Liam and Tim!! Price to risk please, not liquidity, or lose a lot of well-heeled investors who know better. Pricing to liquidity just because you can get away with it casts strong doubts on your own integrity and that of the platform as a whole. I totally support that. I have mentioned this before. savingstream , I hope you are listening. Nope they are listening to the users who either think 9% is ok for the risk or who haven't changed their prefunding. Unfortunately there seems to be too many lenders who will lend to anything regardless of risk and therefore SS can price the loans accordingly. If / when one of these loans goes south then maybe that will change but until then my money at least will most likely slowly move away.
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