jamesc
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Post by jamesc on Oct 16, 2015 9:12:58 GMT
£10k in one spend I wish, but what your saying is there is flow if you are prepared to wait. I was a little surprised to see so many loans in negative but I guess that's a function of people grabbing things when they come up.
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j
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Penguins are very misunderstood!
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Post by j on Oct 16, 2015 11:21:22 GMT
Does anyone think the upcoming Somerset loan might need cashback offer to shift or will it be the case that there's little else going on so it will be snapped up without CB?
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grahamg
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Post by grahamg on Oct 16, 2015 11:32:19 GMT
Does anyone think the upcoming Somerset loan might need cashback offer to shift or will it be the case that there's little else going on so it will be snapped up without CB? As this will be the first loan under the new T&Cs i wonder how that will affect the underwriting. Also what's the loan for and repayment route ?
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 16, 2015 11:50:44 GMT
Does anyone think the upcoming Somerset loan might need cashback offer to shift or will it be the case that there's little else going on so it will be snapped up without CB? As this will be the first loan under the new T&Cs i wonder how that will affect the underwriting. Also what's the loan for and repayment route ? Is it? Yet to be confirmed. All will be revealed by the CR, the absence of which make the 'probably by end of this week' launch seem unlikely. Doubt it will need CB, lots of redemptions imminent 
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grahamg
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Post by grahamg on Oct 16, 2015 11:57:10 GMT
As this will be the first loan under the new T&Cs i wonder how that will affect the underwriting. Also what's the loan for and repayment route ? Is it? Yet to be confirmed. All will be revealed by the CR, the absence of which make the 'probably by end of this week' launch seem unlikely. Doubt it will need CB, lots of redemptions imminent NEW P2P TRUST STRUCTURE We have amended the new terms and conditions for lenders on the Saving Stream website. They can be found here: www.savingstream.co.uk/termsAll new loans will be completed using these T&Cs
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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
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Post by ilmoro on Oct 16, 2015 12:07:11 GMT
Is it? Yet to be confirmed. All will be revealed by the CR, the absence of which make the 'probably by end of this week' launch seem unlikely. Doubt it will need CB, lots of redemptions imminent NEW P2P TRUST STRUCTURE We have amended the new terms and conditions for lenders on the Saving Stream website. They can be found here: www.savingstream.co.uk/termsAll new loans will be completed using these T&Cs Not a new loan though, already at stage 4 previously. Likely to be under new T&C but until confirmed on site Im not making any assumptions.
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jonah
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Post by jonah on Oct 16, 2015 15:12:19 GMT
Does anyone think the upcoming Somerset loan might need cashback offer to shift or will it be the case that there's little else going on so it will be snapped up without CB? My guess is the latter, but as my various previous predictions with ramblin rose show, my guesses aren't necessarily correct with regards to SS!
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jamesc
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Post by jamesc on Oct 18, 2015 9:41:12 GMT
I'm sick of picking up £0.58 of a loan with -46 days to go on SS. Is SS even more rubbish than AC in terms of deal flow? I wouldn't have believed it was even possible... SS is great there has been a lot of deal flow recently just a dip currently if you check regularly then loan parts are available on average I am able to buy about £1000 per day and turn down much more, you just have to keep checking, although the last couple of days have been much slower than the beginning of the month.
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jonah
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Post by jonah on Oct 18, 2015 9:51:24 GMT
I'm sick of picking up £0.58 of a loan with -46 days to go on SS. Is SS even more rubbish than AC in terms of deal flow? I wouldn't have believed it was even possible... In September they had a record month. In the last few days that has all been digested and the SM will likely be quiet until the next loans go live. That said, I can predict with almost 100% confidence that there will be a raft of 3 digit parts going up for sale tomorrow morning.
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jamesc
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Post by jamesc on Oct 18, 2015 10:13:28 GMT
Hi Jonah
A heads up for what time would be a massive favour so I can make sure I'm logged on.
Thanks James
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star dust
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Post by star dust on Oct 18, 2015 12:02:34 GMT
Is SS even more rubbish than AC in terms of deal flow? I wouldn't have believed it was even possible... In my experience (over 18 months on both) it's far superior, and unlike AC the majority of SS loans are very popular, fill relatively quickly and anything that comes up on the SM is snapped up in nano seconds! As others have said, you have just missed a loan and SM glut; but in general a good time to buy is when a new loan has just gone live, and a lot of SM parts on older loans tend to come up. Also pre-fund means you should at least get some of the new ones too. I used to think that a bit of patience sitting on the site would help newcomers diversify, but it is getting harder recently with so many lenders apparently doing the same thing.
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registerme
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Post by registerme on Oct 18, 2015 14:10:41 GMT
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Post by xyon100 on Oct 19, 2015 8:56:27 GMT
I was as eager as you when I started and pickings were thin. Only a few months back. There was a lot of (very fast!) competition for anything that came up, gone in a flash. I now feel slightly silly to be honest. Just a little patience is all that's needed. There will be plenty and more than enough. Problem is I don't have any patience! ;-)
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jonah
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Post by jonah on Oct 19, 2015 20:11:49 GMT
My appetite has been sated.  Assuming you registered on SS starting early in the alphabet... Your welcome! If you are someone else, good to hear you got what you were looking for. I shifted 1/3rd of the parts in my sell list* for the week this morning, but with the particulars up for the next life an I'm guessing that the overall turnover on trades will likely increase in the next day or so when pbl64 goes live. I hope my next third flies away just as quickly tomorrow am before the next launch  *its not a huge list compared to some people on SS but the prefunding allowed me to get slightly more invested than I'm fully comfortable with, hence the reduction.
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Post by nickthefool on Oct 20, 2015 12:47:24 GMT
I'm selling around £50-100 in most loans that aren't due or nearly due.
Nothing to do with the platform, just will probably need the money soon.
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