elliotn
Member of DD Central
Posts: 3,064
Likes: 2,681
|
Post by elliotn on Aug 5, 2017 2:54:55 GMT
Just a bit of Lancs left, come on guys they're funding development through their own lodge sales, last BPF update all going well #notinvestmentadvicejmho;)
|
|
archie
Posts: 1,840
Likes: 1,843
|
Post by archie on Aug 5, 2017 6:15:40 GMT
Just a bit of Lancs left, come on guys they're funding development through their own lodge sales, last BPF update all going well #notinvestmentadvicejmho;) Are you the seller?
|
|
stub8535
Member of DD Central
personal opinions only. Not qualified to advise on investment products.
Posts: 1,442
Likes: 945
|
Post by stub8535 on Aug 5, 2017 16:49:35 GMT
archie you cannot be accusing elliotn of pumping and dumping could you? Never happens on the boards imho.☺
|
|
|
Post by Butch Cassidy on Aug 6, 2017 9:16:31 GMT
For those not involved in these loans I have copied below an extract from a final review e-mail sent to lenders which I think illustrates perfectly the calibre & class of individuals that run the MT platform & kind of borrowers they attract;
"A*** T*****, Managing Director at A***t E******e has asked us to pass on the following message: “I would like to personally thank all the MoneyThing lenders who have supported us over the past 18 months. The funding from lenders has taken us through a crucial stage in our growth and has enabled us to take the business to the next stage. I would also like to wholeheartedly thank the team at MoneyThing. Ed and the team have shown a deep understanding of our business and have shown a flexibility unlike any platform or lender we have worked with before.”
Ed Pearce, Managing Director at MoneyThing, said “We’ve been working with A****t E******e for some time and it is very rewarding to have seen their journey and how peer-to-peer lending has benefitted them. Lenders have played a role in their growth, earned great returns and have been repaid in full. Everyone has had a good experience and as a platform that’s what we aim for. I’m sure our lenders will join me in wishing A****t E*******e all the best for the future.”"
Enough said - how some other platforms could learn a few lessons from MT
|
|
zendog
Member of DD Central
Posts: 137
Likes: 83
|
Post by zendog on Jun 24, 2018 6:54:28 GMT
MoneyThing, there are 3 AE loans with an end date of Thursday 28th June - are these going to repay or renew? There has been no mention of either option in the last updates. Thanks.
|
|
|
Post by ladywhitenap on Jun 26, 2018 8:34:30 GMT
MoneyThing , there are 3 AE loans with an end date of Thursday 28th June - are these going to repay or renew? There has been no mention of either option in the last updates. Thanks. MoneyThing+1 anyone listening at Thing Central please. Either I can rest easy or have to scurry around to find a home for a fair size lump of dosh in a couple of days. LW
|
|
|
Post by spareafewcoppersguv on Jun 26, 2018 8:42:27 GMT
Me too! And with no new loans to invest in any repaid money will have to go elsewhere MoneyThing....
|
|
r00lish67
Member of DD Central
Posts: 2,691
Likes: 4,048
|
Post by r00lish67 on Jun 26, 2018 8:43:55 GMT
MoneyThing , there are 3 AE loans with an end date of Thursday 28th June - are these going to repay or renew? There has been no mention of either option in the last updates. Thanks. MoneyThing +1 anyone listening at Thing Central please. Either I can rest easy or have to scurry around to find a home for a fair size lump of dosh in a couple of days. LW Or........ Just sayin' Sorry, I already regret this post in general and that phrase in particular, but there it is - I'm near 1000 posts now, perhaps that unlocks a super-DDC. Edit: MT just posted an update: This loan is performing and there are no issues to report. These loans have been extended by six months from the 28th June to the 28th December.
|
|
ptr120
Member of DD Central
Posts: 1,198
Likes: 1,346
|
Post by ptr120 on Jun 26, 2018 8:55:06 GMT
Hi MoneyThing , I see that these loans have been extended by six months. While I'm happy to remain invested at this time, you might want to revise the text around the proposed exit strategy for these loans: "lenders will be given the opportunity to re-invest in a new stocking loan or exit the loan". As there is currently no queue for these loans, I could exit by sale on the SM, subject to there being willing buyers. If the SM was performing differently (as it sometimes does for no good reason - such as some tranches of the Wigan hotel loans) I wouldn't be able to do so. In that case, it wouldn't be a case of an opportunity to re-invest, but more of an obligation to have my investment rolled over. I assume the wording in the exit strategy is a legacy of the previous terms and conditions, so perhaps a bit of tidying up needed?
|
|
|
Post by MoneyThing on Jun 26, 2018 9:05:43 GMT
Me too! And with no new loans to invest in any repaid money will have to go elsewhere MoneyThing .... Morning. As well as the new property loans mentioned on the recent Pipeline, we do have some non-property loans coming up shortly (bling & cars). Regards, Ed
|
|
|
Post by MoneyThing on Jun 26, 2018 9:06:28 GMT
Hi MoneyThing , I see that these loans have been extended by six months. While I'm happy to remain invested at this time, you might want to revise the text around the proposed exit strategy for these loans: "lenders will be given the opportunity to re-invest in a new stocking loan or exit the loan". As there is currently no queue for these loans, I could exit by sale on the SM, subject to there being willing buyers. If the SM was performing differently (as it sometimes does for no good reason - such as some tranches of the Wigan hotel loans) I wouldn't be able to do so. In that case, it wouldn't be a case of an opportunity to re-invest, but more of an obligation to have my investment rolled over. I assume the wording in the exit strategy is a legacy of the previous terms and conditions, so perhaps a bit of tidying up needed? Noted. Thanks ptr120. Regards, Ed.
|
|