mary
Member of DD Central
Posts: 698
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Post by mary on Jul 22, 2017 18:09:46 GMT
From their worked out example you are not earning interest until October. Whats the incentive to invest in this loan now and tie up capital? Well I did not spot that, certainly makes it a lot less attractive! That makes the rate ~10.2% if I earn nothing for 3 months! Ok, not really bad, but a lot lower than the headline rate I was attracted too. I assume there is no way to grab a slice but delay funding it for 10 weeks, or so? (I've clearly not read all the T&Cs yet)
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