PBL143 - J** House, ***** Rd, London, NW5 *** REPAID

SS said in the Lendit video they were getting about 30 new registered investors per day. I doubt even if some disgruntled investors are leaving it will make all that much difference. 

Did someone buy it or was it removed from sale?

Pretty sure it was sold. Just saw 300k has been taken by a BH.

Just saw another BH taken 350k a minute ago!!   Now the loan is down to £1mil only.

Perhaps there are three factors involved here:

A dissatisfaction among savingstream lenders surrounding the quality and substance of both Portal based and Forum based updates and general communications respectively, lenders are struggling to reconcile either to actuality ie the 'real world'

Too many loans going into negative territory without reliable, good or excellent a] above.

a] Lenders have just been dealt a BIG blow through the loss of cooling_dude huge and greatly respected DD contributions to their personal loan selection and DD processes.

b] The link between ALL in the minds of lenders may be pertinent, myself included as the association creates a sense of unease and uncertainty which could cause lenders to seek less in terms of new allocations and others to seriously consider down sizing their portfolios or leaving all together.

c] savingstream you will likely find it advantageous to perform a wholesale and very early review of your communications with lenders, processes AND crucially recognise formally the truly huge contributions made to your Portals success imparted by a man of considerable stature among your lenders, ignoring any of the above will I believe impact heavily upon the ultimate health of Saving Stream going forwards.

Human nature dictates that people will seek a strong sense of 'Security' and directional leadership in whatever decisions they make in life, *very few individuals will take an elevated perception of 'risk' in their stride and make it work for them, I fall into the latter yet far smaller grouping, I am Not risk adverse whereas the majority Are to varying degrees.

*For instance yours truly still keeps modest yet strategically important liquid funds at Rebuilding Society whilst the majority of long standing lenders have abandoned ship.

Contrary to the general flow I bought heavily [within my restricted means] last night just as others were selling down hard to pay for their unexpected 100% allocations in the new warehouse loan.

***These are my thoughts and in no way may reflect your own thought processes because we are all unique and our personal and financial circumstances can be very different.

With respectful best regards.