treeman
Member of DD Central
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Post by treeman on May 1, 2017 9:21:16 GMT
Maybe a glitch? No DFL024 showing on SM but loan page says £23,741 available ? DFL024 showing on the SM for me Yeah ......... hmmm ..... I see it now too ........... more 'waking up juice' needed I think
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GeorgeT
Member of DD Central
Posts: 1,322
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Post by GeorgeT on May 1, 2017 9:53:32 GMT
m**l is liam backwards.
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jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808
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Post by jonno on May 1, 2017 10:43:03 GMT
OMG Alan Turing is amongst us>>>>>>>
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mikeh
Member of DD Central
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Post by mikeh on May 1, 2017 12:43:28 GMT
DFL024 now has £73k available. Still no sales queue.
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Post by freedommmm on May 1, 2017 13:53:11 GMT
If you think SM is slow moving, try to buy quality loans earning 12%! They go in under 2 seconds! [EDIT]. The 11% go at least just as quickly too!
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
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Post by ozboy on May 1, 2017 13:59:39 GMT
I wonder why?!! "Quality" + "12%" = Rocking Horse Manure.
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GeorgeT
Member of DD Central
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Post by GeorgeT on May 1, 2017 14:20:27 GMT
According to Jonah's excellent SM availability tracker, the amount available on the SM after the interest run is going UP not down.
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ben
Posts: 2,020
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Post by ben on May 1, 2017 14:22:37 GMT
According to Jonah's excellent SM availability tracker, the amount available on the SM after the interest run is going UP not down. People will be relisiting in hope of seeling over the month.
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adrianc
Member of DD Central
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Post by adrianc on May 1, 2017 14:23:17 GMT
According to Jonah's excellent SM availability tracker, the amount available on the SM after the interest run is going UP not down. That'll be people relisting the stuff they've been trying to get shot of over the last month...
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trevor
Member of DD Central
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Post by trevor on May 1, 2017 14:57:05 GMT
I am moving my repayments and interest to FSISA and MT. I will invest in 12% ers but not the DFL additional tranches where I am already fully invested. Consequently in the last month or so my overall investment in Ly has reduced. This will continue until Ly have an IFISA account.
Looking at what's become available on the SM in the last few weeks and the increase in the SM today after April's interest has been credited I suspect I'm not the only one.
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fasty
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Post by fasty on May 1, 2017 15:23:08 GMT
I am moving my repayments and interest to FSISA and MT. I will invest in 12% ers but not the DFL additional tranches where I am already fully invested. Consequently in the last month or so my overall investment in Ly has reduced. This will continue until Ly have an IFISA account. Looking at what's become available on the SM in the last few weeks and the increase in the SM today after April's interest has been credited I suspect I'm not the only one. Similar here. One of my particular concerns is whether Lendy will devote adequate resource to manage the growing list of defaults, or adopt the "low cost airline" mentality we have already seen hints of, and do the least possible.
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Post by Deleted on May 1, 2017 15:32:59 GMT
There are basically 2 SMs now. Gold and dog t*rds.
The gold is selling in seconds. Anything 11%+, 200+ days is going in milliseconds.
The dog t*rds are sitting there festering for weeks, regardless of how many repayments/interest runs yield spare cash to invest.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
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Post by ozboy on May 1, 2017 15:37:03 GMT
There are basically 2 SMs now. Gold and dog t*rds. The gold is selling in seconds. Anything 11%+, 200+ days is going in milliseconds. The dog t*rds are sitting there festering for weeks, regardless of how many repayments/interest runs yield spare cash to invest. Wonder how those who manipulate rely on the SM are feeling now? As Dude says, you should always invest with a view to holding to term.
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r1200gs
Member of DD Central
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Post by r1200gs on May 1, 2017 15:49:42 GMT
There are basically 2 SMs now. Gold and dog t*rds. The gold is selling in seconds. Anything 11%+, 200+ days is going in milliseconds. The dog t*rds are sitting there festering for weeks, regardless of how many repayments/interest runs yield spare cash to invest. Wonder how those who manipulate rely on the SM are feeling now? As Dude says, you should always invest with a view to holding to term. I neither manipulate or rely on the SM, but I still use it. It still works just fine. I always invest with a view to holding if I have to, but news of the death of the SM is more than slightly exaggerated. Sure, for some real dog loans you are now going to be holding a long time if not forever, but I expect my current sales to be completed within the week, probably nearer 3 days. An 11 percent loan.
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GeorgeT
Member of DD Central
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Post by GeorgeT on May 1, 2017 16:01:56 GMT
My trick is not to cancel loan parts for sale at the month end to recoup the lost interest. I forego the interest to maintain my position in the sales queue.
Exiting with capital intact is more important to me than a bit of lost interest.
I have made a few sales today but not as many as I was expecting.
My rubbish loans are still not moving very fast, but they are crawling forward - like the gorilla man in the London marathon. He got to the finishing line eventually and I expect to do the same. Eventually.
The point of most note is that my 'rubbish loans' were not rubbish loans 2 months ago. The SM goalposts have moved.
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