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Post by gidoppp01 on May 16, 2017 17:34:48 GMT
Also ThinCats if you are a larger investor. I don't like any loans from ThinCats, the loans themselves are complicated. My main issue against is diversification and liquidity. The TLC loans are bundled loans from thincats, but do not provide better protection.
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Post by df on May 16, 2017 19:38:51 GMT
Ablrate, Collateral and Moneything take a lot of beating Avoid Rebuilding , Unbolted ,and Funding Secure ...too many defaults imho According to the FS web site lost capital for Feb was 0.8% and the same for March, this does not seem like too many defaults, what are you basing that statement on? 0.8% loss is worth a risk at 13% rate. Unbolted are also very good at recoveries. ReBS is probably the riskiest, but the extreme rates can compensate if you diversify your investment.
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Post by df on May 16, 2017 19:51:28 GMT
Moneything, Collateral and Ablrate .
Please, please, avoid Rebuilding Society like the plague- I've been using P2P for nearly four years now and they are the only platform where I'm looking at a material loss. 15-20% is certainly not a healthy rate for SME loan. I wonder why these businesses not borrowing from FC or similar? Much lower rates, no asset security and much quicker process. There must be a reason why they end up borrowing from ReBS.
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gibmike
Member of DD Central
What is a cynic? A man who knows the price of everything and the value of nothing.
Posts: 256 
Likes: 160
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Post by gibmike on May 17, 2017 20:15:18 GMT
Many thanks for all the feedback. I have chosen ABLrate as the replacement for LendInvest.
I transferred a small amount today which arrived and has been invested in a very straightforward manner.
Would recommend them.
Next is going to be WiseAlpha which are not P2P but add another layer of diversification.
Mike
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