11% rate on all loans

ALL loans? Hell no. Some 11% or lower? Hopefully, as the deal flow really seems to have been drying up recently, but only if there's good evidence that they're likely to be worth it. I like SS but the money I have invested there is less than 25% of my 12%+ money and (rightly or wrongly) it's the SS loans I feel least confident about.

I don't see it as granular as this.  So I can't vote as it "depends".

So if they wanted to offer FITs supported solar farms at 9% I'd be happy.

If savingstream do what they say

"In order to increase the supply of high quality loans, we intend to begin offering investors the chance to invest in lower risk loans that will pay a lower monthly rate. This will allow us to offer lower cost finance to borrowers, which should feedback to a higher volume of even higher quality loan flow."

I'm happy to continue investing.

Unfortunately with other platforms i've seen rates drop and the quality drop or at best stay the same. This leaves a bad taste and leads to seeing how green the grass is else where.

I guess it depends how unified the different platforms are and if they all drop around the same time. Over a day or two last week all the major banks made announcements that they would all be dropping their high interest current account rates.

If savingstream drop to, say,10% but a similar quality loan is available on another site at 12%, savingstream will lose out.

No point second guessing at this time. The announcement is due tomorrow, so we should know by Wednesday or thereabouts what is happening!😂

I'm struggling with this vote too. Would I continue to invest in SOME loans at 11%, potentially yes; would I invest in ALL loans definitely NO. We've always known that the current 12% across the board is, in reality, an "average" of the risk base across the whole portfolio. I thought the recent move by SS was to more accurately reflect the individual quality of each loan with the result that some rates will go down and some will (should!) increase. I invest in loans on other platforms at less than 12% if I feel it's appropriate: why wouldn't I do it on SS?

That is my impression too. What I understand by average is that if there are going to be some loans offered at less than 12%, there must be some others offered at more than 12%. Risks will follow, hopefully in a sensible way. Then it is up to lenders to vote with their money depending on how much they have and their appetite for risk + other factors that may be offered by SS for particular loans.

What do you consider a better quality loan? Lower LTV?shorter term? Longer term?

On the basis of your clarification (emboldened above), I have voted No.

To clarify, I would still invest, but much more selectively and probably in smaller amounts, leading to a net withdrawal of funds from the platform. 

As others have said, it would also depend upon what the competition was doing.  I am constantly rebalancing my investments across a half-dozen platforms depending upon the relative value of their offerings.