vmail
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Happy?
May 20, 2017 0:02:37 GMT
naz likes this
Post by vmail on May 20, 2017 0:02:37 GMT
How happy are you with the platforms you have invested in?  Attachments:
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Post by df on May 20, 2017 0:23:36 GMT
Wow, I wouldn't have imagined rebs producing 5 times more happiness than ac :-)
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428
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Post by sqh on May 20, 2017 2:25:42 GMT
Collateral at 100%. Must have got a favourable result to the CB problem.  |
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Post by crabbyoldgit on May 20, 2017 7:11:48 GMT
I assume this is a personal score card not the result of a poll. As such someone must have been very lucky with rebs and very unlucky with ac in my experiance and reading posts on the rebs forum with fascinated horror.
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vmail
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Posts: 457
Likes: 217
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Happy?
May 20, 2017 9:19:56 GMT
via mobile
naz likes this
Post by vmail on May 20, 2017 9:19:56 GMT
I assume this is a personal score card not the result of a poll. As such someone must have been very lucky with rebs and very unlucky with ac in my experiance and reading posts on the rebs forum with fascinated horror. You are correct. With ReBS, I am still playing with the free £25. It's doing well but I don't like that I can't quickly find the small loan parts. If they improve this the I can use real money. AC happiness will improve once I finally get all my money out. The last time I checked the XIRR was around 10% with the bad debts. AC were good in 2014. COL, they have taken the best parts of all of the platforms, signing up was super quick eventhough I'm not on the electoral roll. To be fair, most platforms would score highly at the start.
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vmail
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Posts: 457
Likes: 217
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Happy?
May 20, 2017 9:41:01 GMT
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naz likes this
Post by vmail on May 20, 2017 9:41:01 GMT
Regarding the PM received about COLs website problems when a loan goes live.
Today is the 4th day with COL so I have not experienced that problem yet, I was not interested with the loans from yesterday. MT also had the same problem at 4PM. I'm sure they will fix the issue.
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Post by Deleted on May 20, 2017 9:43:30 GMT
Not that far off I'd score it
MT 100%
COL 100% but nervous as it is just starting out and may drop the ball
FS 80% been lucky so far but struggle to keep my money in the account (too many loans I don't like, second loans, renewals, no planning permission etc)
Lendy 80% as FS, though still a bit of growing up to do, will monitor through to Christmas before pushing money back in, (don't like the negative loan days, just feels wrong, I'd prefer it if, when they got to 0 and interest was coming in the it stayed at 0)
AC 60% but I've stopped investing, so more interested in their recovery programmes rather than new loans, recovery process seems pretty good, and while comms are very poor, they do seem to move real problems along.
FC 0% While my loans have worked out well, the cost of doing business with FC is just too high, the bazaar has better deals everywhere so why go to the expensive, non communicating, lender-hating people in the big tent?
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daveb4
Member of DD Central
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Likes: 116
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Post by daveb4 on May 21, 2017 6:46:36 GMT
MT - 95% no complaints so far - 5% off just because not sure about recovery issues
AC - 85% just like ease of bidding and regular updates (in comparison to others) 5% knocked off for recovery I've been very lucky (would like to think skilled!) 10% off for reduced rates with similar or worse risk. Happy with my 10/11% apr return over last two years but cash and percentage mark will slowly reduce as does the average rate.
COL - 80% love it, but worried about recovery especially as relatively new so lose 20% at the moment, hopefully with more confidence this will increase
FS - 85% I like it, keep most loans to maturity, OK a little frustrated when loans go long time overdue without penalty -10%, but not much work needed. 5% knocked off because I am sure I might struggle with some of the outstanding loans, 18 months in and no actual losses yet.
ABL - 85% very nice diversified portfolio love secondary market and would like to give higher but slightly worried about my riskier debenture led lending and therefore recovery potential. Also 10% knocked off due to a number of issues with IT over last year which did annoy me but was dealt with very professionally.
L - 80% simple and easy to understand, 10% off for attitude and 10% off for now reducing rates with similar risk
FC - 5% nearly out thankfully, was my first platform over 2 years ago, to be fair made some good money but this is not the future of lending.
PP - 75% Longish term investment with some good turns in secondary market in the past. 25% knocked off as I really do not have a clue what will happen to return when the properties are potentialy sold off after 5 years. To be fair mostly my fault for buying into London property at top of market.
Generally given good marks based on what do I expect from a platform, eg 10% apr (apart from PP). All are achieving this so far over the 2 odd years I have been going. Appreciate this is a moving market and us dinosaurs have to move with it so constant review of portfolios and platforms is required.
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SteveT
Member of DD Central
Posts: 6,875
Likes: 7,924
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Post by SteveT on May 21, 2017 7:34:27 GMT
MT 95% Hard to fault as yet. Good rates, good security, good comms. Sensible bid limits. Pipeline flowing again. Highly liquid SM but par-only.
ABL 95% Also pretty hard to fault as yet. Good rates, good security, comms pretty good. Can still invest larger sums. Pipeline starting to pick up. Best SM in the business.
BC 90% Takes a bit of getting used to but works well for larger stakes (min £5k per loan). Too much money chasing too few loans, but picking up gently (although often at <12%)
L 90% Still delivering 12% month in, month out. Good rates (I ignore lower rate stuff), mostly good security, comms improving. Pipeline OK. "Feast or famine" SM needs care (par only)
COL 90% Early days for me, but promising so far...
AC 70% Ages since a new AC loan interested me (10%+) so just holding older loans to term. Mostly good security, good comms, slickest IT interface, best recovery team. Will be sad to exit.
FS 60% Most of my FS loans now long overdue. Currently withdrawing anything that finally repays. Reinvesting only very selectively via an IFISA. Desperately need a serious recovery team!!
PC 60% Started promisingly ..... then stalled. 2 loans doesn't make a P2P platform!
LB 50% Still consider LB one the best of the "lower return for lower risk" offerings ..... in theory. In practice, minimal new lending for months (although still paying cashback on queued funds)
FC 10% Used to love making heaps of money on FC (in the good old days of variable auctions, cashback, etc). Then they killed the game. No longer of any interest at all.
LC 5% Glad I got out ahead
ReBS 0% Glad I got out alive
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rogerbu
Member of DD Central
Posts: 398
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Happy?
May 21, 2017 8:36:15 GMT
Post by rogerbu on May 21, 2017 8:36:15 GMT
MT 95% Feel comfortable. Good communications. No issues YET
ABL 90% Mostly good but a couple of recoveries not going well.
L 90% Ignore the lower rate stuff, so limited growth of input
COL 90% Wish they hadn't followed charge to property, but understand why. No unique features any more
AC 50% 30 Day & QAA only. Same risk loans as elsewhere
but lower returns
FS 50% Most of my FS loans now long overdue. Currently withdrawing anything that finally repays. Reinvesting only very selectively via an IFISA. Desperately need a serious recovery team!!
Agree with this comment
FC 10% No longer of any interest at all.
Rates & Risks no longer aligned
ReBS 0% Glad I got out alive - Agree with this comment
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Happy?
May 21, 2017 10:13:30 GMT
Post by dodgeydave on May 21, 2017 10:13:30 GMT
I assume this is a personal score card not the result of a poll. As such someone must have been very lucky with rebs and very unlucky with ac in my experiance and reading posts on the rebs forum with fascinated horror. You are correct. With ReBS, I am still playing with the free £25. It's doing well but I don't like that I can't quickly find the small loan parts. If they improve this the I can use real money. AC happiness will improve once I finally get all my money out. The last time I checked the XIRR was around 10% with the bad debts. AC were good in 2014. COL, they have taken the best parts of all of the platforms, signing up was super quick eventhough I'm not on the electoral roll. To be fair, most platforms would score highly at the start. I really do think you should read other people's comments before , investing real money in Rebs. Read some of the comments about defaulted loans on their own internal pages. Would vote happy Coll MT Unbolted ABL. Lendy , i have sold out. Dont like the ways things are looking
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vmail
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Posts: 457
Likes: 217
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Happy?
May 21, 2017 12:03:01 GMT
naz likes this
Post by vmail on May 21, 2017 12:03:01 GMT
You are correct. With ReBS, I am still playing with the free £25. It's doing well but I don't like that I can't quickly find the small loan parts. If they improve this the I can use real money. AC happiness will improve once I finally get all my money out. The last time I checked the XIRR was around 10% with the bad debts. AC were good in 2014. COL, they have taken the best parts of all of the platforms, signing up was super quick eventhough I'm not on the electoral roll. To be fair, most platforms would score highly at the start. I really do think you should read other people's comments before , investing real money in Rebs. Read some of the comments about defaulted loans on their own internal pages. Would vote happy Coll MT Unbolted ABL. Lendy , i have sold out. Dont like the ways things are looking I have read comments here and other threads. But it will be different results for different investors depending on how they invest. In my opinion, if I had used real money and had similar experiences to other ReBS investors then ReBS would be on par with AC. If I was to use real money then it would not be big sums. As for Lendy, I'm in the 12% 200+ days club so I would be happier than other investors who are in the IA and DEF club (been there with PBL020), or even investors transitioning from one category to another. ABL/FS, I don't like investors selling at a premium. MT, I don't like pressing F5 all day to reinvest the interest paid into the account, and all pennies are left rotting in the account. FS again, Minimum investments of £25, I have £38,650 Unredeemed or long time loan being renewed COL, I'm too new to this platform, I've already reported several bugs on the platform, they will get looked at.
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vmail
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Posts: 457
Likes: 217
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Happy?
May 21, 2017 15:32:40 GMT
naz likes this
Post by vmail on May 21, 2017 15:32:40 GMT
I have read comments here and other threads. But it will be different results for different investors depending on how they invest. In my opinion, if I had used real money and had similar experiences to other ReBS investors then ReBS would be on par with AC. If I was to use real money then it would not be big sums. As for Lendy, I'm in the 12% 200+ days club so I would be happier than other investors who are in the IA and DEF club (been there with PBL020), or even investors transitioning from one category to another. ABL/FS, I don't like investors selling at a premium. MT, I don't like pressing F5 all day to reinvest the interest paid into the account, and all pennies are left rotting in the account. FS again, Minimum investments of £25, I have £38,650 Unredeemed or long time loan being renewed COL, I'm too new to this platform, I've already reported several bugs on the platform, they will get looked at. , it can give you a buzz to flirt but always be mindful of whom or what you flirt with. The temptation may not be all it's cracked up to be.  you flirt with... I did not flirt or did not mean to.
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Happy?
May 22, 2017 23:28:38 GMT
Post by df on May 22, 2017 23:28:38 GMT
vmail I really do think you should read other people's comments before , investing real money in Rebs. Read some of the comments about defaulted loans on their own internal pages. Would vote happy Coll MT Unbolted ABL. Lendy , i have sold out. Dont like the ways things are looking ABL/FS, I don't like investors selling at a premium. FS trimmed premiums to -1%+1%, which I think was a good move. However, if you don't like premiums, ReBS is the worst I've ever seen in this respect.
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stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
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Post by stub8535 on May 23, 2017 6:49:26 GMT
df FS was forced to move its upper and lower limit due to greedy gamers activities and IFISA fears. It has made the market bonkers and illogical.
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