|
Post by Duane Dibley on Mar 26, 2017 10:50:10 GMT
Where is the highly paid Mr Bullspin when there is something useful which needs saying? (Oh, yes. Telling us that rates will be dropping and highlighting "our strict and very stringent due diligence processes". Read that together with the actual quality and creditworthiness of several borrowers featured in the default and overdue loans). I suspect right now he's busy looking through the Radio Times so he can tell us all about next week's property programmes.
|
|
|
Post by Duane Dibley on Dec 5, 2016 21:33:56 GMT
None for me.
Then again I haven't received any for weeks.
Granted even when I did get them they weren't a great deal of use seeing that the loans had always all been snaffled up before the emails were even sent out but they were quite interesting in a 'oooh look what you could have won, isn't it always a diamante encrusted bracelet with matching pearl earrings' kind of a way.
|
|
|
Post by Duane Dibley on Sept 21, 2016 15:20:37 GMT
Looks like it's (repayment) about to happen. The MT Cardiff loans have now gone to 'Completed' but no repayment showing in 'My Funds' yet <EDIT> 13:29 Funds now credited - well done MT and SS And a nice quick withdrawal and subsequent deposit into Saving Stream, allowing all those that wanted to to effectively rollover their investments into the new loan. Many thanks to both Moneything and Saving Stream for cooperating to allow that to happen so seamlessly. Well done all concerned.
|
|
|
Post by Duane Dibley on Sept 1, 2016 11:51:40 GMT
Not voted.
Whatever time you post loans you're not going to please all the people all the time.
Some people will like 10am, some will like 1pm. A poll on here will only get a snapshot of people and is no more likely to be representative of all lenders than simply plucking a number from the air.
The fairest way, if that's what you're after, is to vary the times. People who can't log on at 10am may be able to at 1pm and vice versa.
But you're probably best off picking the time that suits you best and sticking to it and people will have to like it or lump it.
Please yourself rather than trying to please other people. It's what I always do.
|
|
|
Post by Duane Dibley on Aug 26, 2016 7:53:37 GMT
Everyone employs this strategy! Where are all of the sold short-dated/negative loans parts going? The "loan monster"? No we don't. I for one. This strategy does not eliminate the risk it merely rolls it forward into a longer term loan. If there is a rush to the exit those in short term loans will be better placed. IMO diversification is the best risk reduction strategy. There's no reason at all why selling short dated loans and diversifying should be mutually exclusive, it's easy enough to sell holdings in one short dated loan and invest that money in two or three of the newer loans. In fact with the current deal flow I don't see how you can be fully diversified without selling some of the older loans to invest in the new ones, rather than just waiting in vain for them to repay. Unless of course you've got a magic money tree. Still, please keep holding or buying those old and defaulting loans, it makes it easier for those of us that want to sell. You know it makes sense.
|
|
|
Post by Duane Dibley on Aug 25, 2016 8:42:38 GMT
All my "dodgy" loans now gone. Which do you consider to be "dodgy" loans? Personally I tend to sell any with less than 30 days remaining and reinvest that money into the new longer term loans.
|
|
|
Post by Duane Dibley on Aug 4, 2016 11:23:01 GMT
|
|
|
Post by Duane Dibley on Jul 9, 2016 11:07:41 GMT
Mothball and extend term for 12 months! Isn't this just kicking the problem down the road? The development plans were always unfeasible in my opinion, so no surprise this has happened. I know the area and I know the site, it's only ever been used for car-boot sales and an annual steam fair! Not one I wanted to hold to maturity.
|
|
|
Post by Duane Dibley on Jun 28, 2016 9:50:29 GMT
I logged on as soon as I got the email but all gone. Are all emails sent at the same time? It doesn't matter who is sent the emails Littleoldlady, or how quick you log in, the loans are already fully funded before you receive the emails. I know this because by coincidence I just happened to be logged in this morning when the email arrived and the loans had already been filled for a while. Why Collateral send notification after the loans have gone live rather than before I've no idea, but to me they should either give sufficient notice that the loans are going live at a particular time or else introduce funding restrictions, because the present situation is not only pointless but highly frustrating and will only get worse as demand increases.
|
|
|
Post by Duane Dibley on Jun 20, 2016 18:33:13 GMT
Shame that Moneything no longer have bid restrictions. Fantastic news for those who are available between 4 o'clock and half past six, not so good for those who are working, travelling home from work, making the kids tea or watching Flog It. Be nice if now they've stopped bid restrictions they changed the launch time occasionally rather than at 4 o'clock all the time, simply to give everyone a bit of a chance. Maybe next time. Well I can't imagine the later tranches will be as fast, there's going to be plenty to go round before this finishes (and I'm sure they will have restrictions on the next couple) Hmmm I'm not convinced that having no bid restrictions on one tranche then following it with another tranche with bid restrictions is entirely fair. But hey ho, as always it's their prerogative to offer the loans as they see fit.
|
|
|
Post by Duane Dibley on Jun 20, 2016 18:23:46 GMT
And all gone at 18:33 ! Shame that Moneything no longer have bid restrictions. Fantastic news for those who are available between 4 o'clock and half past six, not so good for those who are working, travelling home from work, making the kids tea or watching Flog It. Be nice if now they've stopped bid restrictions they changed the launch time occasionally rather than at 4 o'clock all the time, simply to give everyone a bit of a chance. Maybe next time.
|
|
|
Post by Duane Dibley on May 13, 2016 19:05:24 GMT
<post removed by mod as un-necessarily aggressive in tone> RIP Sarcasm. Died the day they invented the internet. Gone but not forgotten.
|
|
|
Post by Duane Dibley on May 13, 2016 18:23:51 GMT
<post removed by mod as un-necessarily aggressive in tone>
|
|
|
Post by Duane Dibley on Feb 17, 2016 21:15:38 GMT
Just be patient with the pre-funding for peat sake, and try your luck with the SM when larger loans come through the pipeline. Once upon a time, not so very long ago, patience was considered a virtue. But that was back in the day when Saving Stream offered £10,000 loans on old narrowboats and we thought we were lucky when a £50,000 speedboat loan came along. Unfortunately with the new intake of investors it's a case of 'I want it all and I want it NOW'.
|
|
|
Lending Crowd
Giving Up
Oct 13, 2015 21:07:45 GMT
Post by Duane Dibley on Oct 13, 2015 21:07:45 GMT
Go then I give up, what is it?
How do you actually give these jokers your money? Is it a secret password, a special handshake, do I need to stand on my head reciting passages from Burns?
Three times I've signed up, with three different email addresses and three different user names, three times I've been told they can't identify me, I've given them my passport number, my driving licence number and my boy scouts badge number, three times I've been left waiting in the cold. The invisible man.
Doesn't inspire the greatest of confidence but maybe if I put a wodge of cash in a brown paper envelope and shove it through their door they'll finally take my money from me.
I'll do a lot of things for a hundred quid but banging my head against a brick wall isn't one of them.
|
|