roy
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Post by roy on Oct 23, 2016 19:05:09 GMT
Brand new forum member, long term lurker, heavy investor in Saving Stream.
The response from SS worries me. I can read between the lines. I'm out of SS from now on, there'll be a few grand of nice long term loans on the SM soon. Maybe my loss, your gain?
It's been fun.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,330
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Post by ilmoro on Oct 23, 2016 19:21:22 GMT
Am I right in thinking because I pre-funded the loan I have to make sure the funds are in my account with-in 24hrs, but it I waited and bought it on the SM, I would have 48hrs to put the funds in my account? Technically yes, though they arent usually that strict. Given that the loan drew down on a Sunday after 5pm on their own creditting timescales they wouldnt expect to credit funds before Tueday AM anyway so they cant complain too much.
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sam i am
Member of DD Central
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Likes: 555
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Post by sam i am on Oct 23, 2016 19:57:41 GMT
£2,042,300 on the SM. I thought SS said that there wouldn't be much left for the SM?? Well a couple of members have pulled out. Allegedly. I was one of them. Although with 1927 investors as I write this, 'a couple' is probably about right.
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guff
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Post by guff on Oct 23, 2016 19:58:38 GMT
Well a couple of members have pulled out. Allegedly. I was one of them. Although with 1927 investors as I write this, 'a couple' is probably about right. You and another millionaire then…
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sam i am
Member of DD Central
Posts: 697
Likes: 555
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Post by sam i am on Oct 23, 2016 19:58:54 GMT
£2,042,300 on the SM. I thought SS said that there wouldn't be much left for the SM?? Over 5m sold with only 24hrs notice is a bloody good effort Not bad at all. But following the comment from SS, I hadn't expected quite so much not to be taken up.
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adrianc
Member of DD Central
Posts: 10,019
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Post by adrianc on Oct 23, 2016 20:10:26 GMT
And after weeks of 'boo-hoo, theres nothing on the SM', now we have 'boo-hoo, theres too much on the SM'.  Situation normal.
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Post by GSV3MIaC on Oct 23, 2016 20:12:18 GMT
We don't actually KNOW that £5m ha been sold, do we .. SS could still be sitting on a heap which they chose not to release to the SM (yet). In the old days we could exploit a bug to look at all the extant parts, but that's no longer an option.
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ianj
Member of DD Central
Posts: 656
Likes: 520
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Post by ianj on Oct 23, 2016 20:17:26 GMT
Brand new forum member, long term lurker, heavy investor in Saving Stream. The response from SS worries me. I can read between the lines. I'm out of SS from now on, there'll be a few grand of nice long term loans on the SM soon. Maybe my loss, your gain? It's been fun. Welcome to the forum. Oh, you're off! Bye Well, that's one less we'll hear moaning here then!
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roy
Posts: 20
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Post by roy on Oct 23, 2016 20:26:43 GMT
As of 10:22. I've nothing left to moan about. Thanks for the welcome  |
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ianj
Member of DD Central
Posts: 656
Likes: 520
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Post by ianj on Oct 23, 2016 20:29:41 GMT
As of 10:22. I've nothing left to moan about. Thanks for the welcome Hope your prediction for 55 min hence comes true.
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roy
Posts: 20
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Post by roy on Oct 23, 2016 20:31:59 GMT
Thanks. I'm not in the UK. Do you feel silly now? |
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ianj
Member of DD Central
Posts: 656
Likes: 520
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Post by ianj on Oct 23, 2016 20:56:34 GMT
Thanks. I'm not in the UK. Do you feel silly now? Not in the least. Associating with foreign humour has obviously made you immune to what was intended as a gentle observation with regard your omission of that fact. We are well acquainted with the time difference here. Not everybody in Britain is an isolationist despite recent events, you know. Bon voyage, wherever you sail.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,447
Likes: 945
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Post by stub8535 on Oct 23, 2016 21:45:03 GMT
So happy I pulled the exit trigger yesterday. SM being overloaded by long dated loans and bots r full makes it look like some got burnt with over allocation.
As for funds coming in on Tuesday, the borrower must complete Monday so I hope Lendy can insure themselves in case it all goes PT.
Good luck going forwards everyone.
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ablender
Member of DD Central
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Post by ablender on Oct 23, 2016 21:52:50 GMT
I've got what I wanted. I am happy with that . . . . no complaints.
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david42
Member of DD Central
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Post by david42 on Oct 23, 2016 22:02:49 GMT
We don't actually KNOW that £5m ha been sold, do we .. SS could still be sitting on a heap which they chose not to release to the SM (yet). In the old days we could exploit a bug to look at all the extant parts, but that's no longer an option. SS usually drip feed in smaller amounts. The fact that they have put £2M on the market makes me hopeful that SS have listened to previous criticism and decided to show us the full picture.
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