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Post by savgeax on Mar 12, 2017 18:58:27 GMT
Have I missed something in the last 3 days? SM market has always been busy with loans available for seconds before being taken. You had to be quick to get the offers.
3 days ago when they launched the Liverpool and the London loans, the SM has now been flooded to the point that it's literally a complete turn around. There is little SM movement and loans which still have 100+ days have plenty of money available.
So what have I missed? What's changed in three days?!?
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853 
Likes: 4,298
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Post by cooling_dude on Mar 12, 2017 19:03:09 GMT
Have I missed something in the last 3 days? SM market has always been busy with loans available for seconds before being taken. You had to be quick to get the offers. 3 days ago when they launched the Liverpool and the London loans, the SM has now been flooded to the point that it's literally a complete turn around. There is little SM movement and loans which still have 100+ days have plenty of money available. So what have I missed? What's changed in three days?!? Read HERE & HERE and the posts that follow Summery Summary > Large loan @11% that didn't fill (2m dumped on the SM) > Investor deposits went missing > Abolition of INPL on the SM taking effect (especially as it is the weekend and no bank run) > Panic due to the above? It should start shrinking tomorrow, but DFL017 will hang around. Good time to be a new investor (and money on account)
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cooling_dude
Bye Bye's for the PPI
Posts: 2,853
Likes: 4,298
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Post by cooling_dude on Mar 12, 2017 20:32:20 GMT
Read HERE & HERE and the posts that follow Summery > Large loan @11% that didn't fill (2m dumped on the SM) > Investor deposits went missing > Abolition of INPL on the SM taking effect (especially as it is the weekend and no bank run) > Panic due to the above? It should start shrinking tomorrow, but DFL017 will hang around. Good time to be a new investor (and money on account) Great round-up C_D, although I'd hesitate to call it 'summery' - the sun isn't always shining in SS-land...  Summery is the word I meant (and not bad spelling at all...) because it will be Summer before SS know what the hell to do with DFL017...
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Post by wonder on Mar 13, 2017 0:15:38 GMT
Does the failure to fill an 11% loan suggest that SS may pull back, and the recent trend to lower returns may abate, or even be reversed?
Hope springs eternal, and all ...
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ben
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Post by ben on Mar 13, 2017 0:26:53 GMT
See what today brings once everybody deposits have gone through, it is unlikely they will change much I guess best might have is cashback, as everybody likes cashback.
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