averageguy
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Post by averageguy on Mar 30, 2017 11:05:20 GMT
Very little on MONEYTHING is less than 12% ...a few are 10 or 11 and certainly not less I joined MT three months ago and there hasn't been a new loan at 12% yet. Fair point and maybe I should have qualified my answer a little..re loans over the last few months business does seem to have slowed ..maybe that's down to the quality of the loan they'll take on..maybe not ..one things for sure though (currently) nothing much hangs around on the SM
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Post by p2plender on Mar 30, 2017 12:06:54 GMT
Also worth noting, a clogged sm means anything put up for sale is of course earning no interest (for the seller).
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tarq
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Post by tarq on Mar 30, 2017 13:21:28 GMT
So I suppose 'Lendy' get the interest then.....
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elliotn
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Post by elliotn on Mar 30, 2017 14:17:42 GMT
So I suppose 'Lendy' get the interest then..... & then back to us via default top-ups! 
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Liz
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Post by Liz on Mar 30, 2017 15:09:55 GMT
So I suppose 'Lendy' get the interest then..... You mean "thefty" 
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Post by spareafewcoppersguv on Mar 30, 2017 18:47:15 GMT
Meanwhile I have quite a lot stuck in sales queues on the SM but I'm expecting the interest run will have a laxative effect and start thing moving a bit. Whatever the opposite to 'laxative effect' is, I think the latest £4.8M PBL offering at 12% for 365 days could be it! Last hopes of easement for the SM may now rest on PBL143 repaying. And it's all gone very quiet on the 143 front, so I wouldn't hold your breath.....
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elliotn
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Post by elliotn on Mar 31, 2017 3:06:40 GMT
Meanwhile I have quite a lot stuck in sales queues on the SM but I'm expecting the interest run will have a laxative effect and start thing moving a bit. Whatever the opposite to 'laxative effect' is, I think the latest £4.8M PBL offering at 12% for 365 days could be it! Yep, that'll constipate it alright, quite the log jam.
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lobster
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Post by lobster on Mar 31, 2017 6:05:47 GMT
Whatever the opposite to 'laxative effect' is, I think the latest £4.8M PBL offering at 12% for 365 days could be it! Yep, that'll constipate it alright, quite the log jam. Constipation largely reduced by PBL85 paying back last night
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dermot
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Post by dermot on Mar 31, 2017 7:37:50 GMT
Yep, that'll constipate it alright, quite the log jam. Constipation largely reduced by PBL85 paying back last night Ah, so that's why 95% of my loan parts for sale were hoovered up overnight.
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Liz
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Post by Liz on Mar 31, 2017 7:50:57 GMT
Constipation largely reduced by PBL85 paying back last night Ah, so that's why 95% of my loan parts for sale were hoovered up overnight. You can't be selling PBL140 then! It's painful being stuck in the queue. Just a few hundred pounds left to sell.
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lobster
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Post by lobster on Mar 31, 2017 8:24:48 GMT
Ah, so that's why 95% of my loan parts for sale were hoovered up overnight. You can't be selling PBL140 then! It's painful being stuck in the queue. Just a few hundred pounds left to sell. You've had a good run with PBL140 then - I lost my nerve over 100 days ago with that loan and sold out.
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Post by lendinglawyer on Mar 31, 2017 9:11:02 GMT
I'm just wondering, is there a state for the SM that people would be happy with? It seems that if everything gets hoovered up immediately there are complaints it's impossible to put money to work because of the bots, and when lots is for sale the complaint is that it takes more than 5 mins to sell.
PS I see the point on the 7% loan risk, but I think a big reason it doesn't "clog up" the SM is that it's a small loan. Personally I'm in P2P for the higher risk high return loans so I shan't be getting into those.
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GeorgeT
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Post by GeorgeT on Mar 31, 2017 9:24:43 GMT
SM has been on fire in the night and it still is.
My inbox this morning is a long list of loan part sold emails from Lendy.
And tomorrow people get their monthly interest to invest!
Illiquid my a***!
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Post by portlandbill on Mar 31, 2017 9:29:14 GMT
SM has been on fire in the night and it still is. My inbox this morning is a long list of loan part sold emails from Lendy. And tomorrow people get their monthly interest to invest! Illiquid my a***! PBL155 ain't selling quite so well :-(
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r1200gs
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Post by r1200gs on Mar 31, 2017 9:33:03 GMT
You can't be selling PBL140 then! It's painful being stuck in the queue. Just a few hundred pounds left to sell. You've had a good run with PBL140 then - I lost my nerve over 100 days ago with that loan and sold out. I'm still in 140. Am I missing some bad news somewhere or is this just a time left to run thing?
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