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Post by khampson on Mar 30, 2017 21:04:22 GMT
Is there a secondary market or can I sell loan parts early on this platform or do you need to invest to the end? Thanks
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archie
Posts: 1,866 
Likes: 1,861
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Post by archie on Mar 31, 2017 6:42:13 GMT
Is there a secondary market or can I sell loan parts early on this platform or do you need to invest to the end? Thanks No secondary market, you have to wait until the end. Loans are often extended, usually without an exit point at the original end date. Occasionally they repay early. No losses to date.
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Post by carol167 on Mar 31, 2017 10:53:48 GMT
Is there a secondary market or can I sell loan parts early on this platform or do you need to invest to the end? Thanks No secondary market, you have to wait until the end. Loans are often extended, usually without an exit point at the original end date. Occasionally they repay early. No losses to date. To be fair, on balance, I would say that quite a few more get repaid early than extended. Also worth pointing out that I've had no loses to date and I tend to put something in nearly every loan bar the over 70 LTV ones.
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archie
Posts: 1,866
Likes: 1,861
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Post by archie on Mar 31, 2017 11:15:41 GMT
No secondary market, you have to wait until the end. Loans are often extended, usually without an exit point at the original end date. Occasionally they repay early. No losses to date. To be fair, on balance, I would say that quite a few more get repaid early than extended. Also worth pointing out that I've had no loses to date and I tend to put something in nearly every loan bar the over 70 LTV ones. I think the OP wants easy access which LI isn't. Currently 30% of my portfolio has been extended.
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