poppyland
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Post by poppyland on Apr 7, 2017 14:35:38 GMT
Does anyone know what the difference between Interest Accruing and Interest on Account is? Also, why is there so much of PBL155 up for sale? It looks like a pretty good place to stash the money I've recently pulled back out of the ISA (after putting it in overnight on the 5th). The fact that the lender is planning to pay back soon makes it seem like a good bet to me - or am I missing something?
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Liz
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Post by Liz on Apr 7, 2017 14:40:19 GMT
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poppyland
Member of DD Central
Posts: 237
Likes: 243
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Post by poppyland on Apr 7, 2017 14:50:38 GMT
Thanks Liz. The IA and SBL look scary.
About PBL155, I've already sunk 5k into it - will hold back on the rest. It's hard to have money sitting around earning nothing though!
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 7, 2017 15:52:08 GMT
Thanks Liz. The IA and SBL look scary. About PBL155, I've already sunk 5k into it - will hold back on the rest. It's hard to have money sitting around earning nothing though! Have a quick read through its thread p2pindependentforum.com/post/158582/thread Some people will be aware of the assets previous history on another platform and that the borrower has multiple projects on the go with P2P funds. The latest update does imply it might repay early though. Queue is moving but getting filled from the other end so seems stationary. In theory IOA and SBL arent any different, you still get the interest, though possibly harder to sell. Not a great deal of difference between IA & DEF either, IA is perhaps worse as at least with DEF you know Lendy should have taken steps to recover the asset and there is an end in sight, IA seems just like a limbo state/phoney war before the real action begins as inevitably it seems to (couple have gone from IA to IOA but most of them were false flags as it was clear that would happen)
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