5346/6036 FC wasting lenders' time

Aaaaaaaahhhhh!

Three bananas.

I feel better now.

>>>>stop bidding completely on FC and try somewhere else.

Where though? Funding Knight hasn't had a loan for weeks. ReBS loans often don't fill. Assetz too few, floor limit on Thincats too high for me - I'm having to swallow my principles and put money into FC despite sharing your feelings

Jack

Should have sold 5346 while you had the chance - it was only downgraded yesterday, about 5 days after the new loan had been listed. With the top interest rate, you could probably have sold for a decent margin (I managed to shift some lower interest rate loan parts for a reasonable margin), then got the 2% cashback on the new loan as well. Might not have made the full difference between 11.8% and 8.5% - but would have got pretty close.

Poor old Grumpy, missed a trick there. Must have been having a doze.

Dozy indeed!! I didn't even look at the 8.5% deal (no deal!!!) and although I saw that it was consolidating a previous loan which I had, it never occurred to me that 6036 was the one replacing the very recent loan which I had already had that consolidation message about.

Silly a*se more like!

blender ...surprised you've bought into that at all!

There were no gorillas in Animal farm* and so this problem did not arise, however the four legs is just a way of expessing the man/animal distinction, and Old Grumpy and I are definitely animals. The following authoritative statement rather blurs the distinction between arms and legs.
'Arms1.Gorillas have larger muscles in their arms than in their legs (the opposite is true for humans). This is primarily due to the fact that they use their increased arm strength for bending and gathering foliage and for defense. Although capable of walking upright on two feet they most often walk as a quadruped (on four limbs).'
I think the primate status causes confusion and leads to grumpiness and possible posting difficulties. But grumpy, surprisingly, can speak for himself.
Grumpy - it was a commercial mortgage, not residential, and I was blinded by the 2% cashback and the fact that it was 98% full and had to make an impulse buy. I will see what it will sell for (the offer still open).

* Gratuitous avatar explanation. One of the principles in the story was that 'all animals are equal'. Gradually the pigs took charge and established the qualification 'all animals are equal, but some are more equal than others'. This is what we try to acheive as engaged FC lenders, just as FC is a peer to peer servicing provider platform, but increasingly looks like a bank in ambition and attitude.

In modern CGI films centaurs now have four legs and two arms. But they are mythical, not real like Grumpy.

That's right. Most Autobidders would be the four-legged ones. This forum is for those who wish to walk on two. You should not believe what I post - just note what the avatar is doing (or trying to do).