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Post by richyp on Feb 8, 2017 11:55:10 GMT
In the FAQ's I see this: "16. Can I earn rewards for referrals?
We will be offering this service very soon and will let you know when it’s available. Below is how it will work. When you have set up an account you will be given a personalised link to share with friends, family, colleagues and clients, or to use on your website, blog or social networks. When a new investor joins Collateral using your link we will credit your account with 2% of their initial investment and 1% of any further investments as a thank you."Could Gordon or anyone else be more specific as I have a friend who wants to join but I'd like to take advantage of this offer first Many thanks.
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Post by Collateral Rep on Feb 8, 2017 12:15:01 GMT
Hi richyp, We have been working on this, and hope to launch it in the next few weeks. However we have changed the rewards. When a new investor joins Collateral using your link we will credit your account with 1% of their initial investment once it's fully invested into loans (for a period of at least three months), as a thank you.Many thanks, Gordon
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Post by richyp on Feb 8, 2017 12:23:49 GMT
Hi richyp , We have been working on this, and hope to launch it in the next few weeks. However we have changed the rewards. When a new investor joins Collateral using your link we will credit your account with 1% of their initial investment once it's fully invested into loans (for a period of at least three months), as a thank you.Many thanks, Gordon Thanks for swift response Gordon. ok so no 1% for 'further investments' then - thats quite a difference to 2% initial, 1% for all further investments Not really that much of an incentive then - especially as people like to 'dip their toe in' with their first investment to get a feel for how it works before investing more significantly , not to mention the complexities of selling all or part of that/those initial loan(s) and investing in new loan(s) before the 3 months is up (in which case I guess you would lose part or all of any 1% referral).
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Post by Collateral Rep on Feb 8, 2017 12:28:49 GMT
Hi richyp, Yes as we've been working on it recently and looking to launch soon, we realised it wasn't feasible so had to change it. Many thanks, Gordon
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Post by richyp on Feb 8, 2017 12:30:27 GMT
Hi richyp , Yes as we've been working on it recently and looking to launch soon, we realised it wasn't feasible so had to change it. Many thanks, Gordon Ok thanks Gordon. It won't put me off telling my friend to join - I just don't think the referral scheme is worth waiting for
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