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11-07-2016, 11:37 AM
#171
Originally Posted by Kelvin
How long does it take to receive repayments from your loans. I have a couple of loans taken out on 7 June but haven't received any repayments yet, both showing 0 days overdue
Lending Crowd Hold the Borrowers payment for 5 days ( funds clearing time ) before releasing the funds to Investors.
So you should see available on the 15th and withdraw if that's your plan.
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11-07-2016, 12:02 PM
#172
Member
Thanks Saamee. Plan is to reinvest the principal and interest, along with depositing more funds.
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11-07-2016, 05:53 PM
#173
New loan listed Mon Arvo...
Funded |
Time remaining |
Grade |
Rate* |
Type |
Term |
Amount |
My investment |
|
|
|
18 hours and 8 minutes |
A2 |
12.84% |
Business |
60 months |
$50,450.00 |
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12-07-2016, 05:00 PM
#174
Smail New loan up TUE arvo:
Funded |
Time remaining |
Grade |
Rate* |
Type |
Term |
Amount |
My investment |
|
|
|
6 days and 19 hours |
A1 |
7.90% |
Personal |
36 months |
$7,250.00 |
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12-07-2016, 05:41 PM
#175
And another loan!
Funded |
Time remaining |
Grade |
Rate* |
Type |
Term |
Amount |
My investment |
|
|
0%
|
6 days and 18 hours |
B1 |
13.97% |
Personal |
36 months |
$40,450.00 |
$0.00 |
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13-07-2016, 01:41 PM
#176
The below loan is still avaialble....
54%
|
6 days and 22 hours |
B2 |
18.74% |
Personal |
36 months |
$10,550.00 |
|
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13-07-2016, 04:14 PM
#177
It's getting busy this week!
6 days and 19 hours |
B1 |
13.97% |
Personal |
36 months |
$6,250.00
|
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14-07-2016, 08:33 AM
#178
Heck - 22 million loan applications???? Finance Direct taking up a fair chunk of the loans made - on equal footing with you guys though so thats good.
To date Croad said Lending Crowd has received 22 million loan applications, and written $2.5 million worth of loans with 60% of this total comprising personal and motor vehicle loans, and 40% business loans. He said registered non-bank deposit taker Finance Direct has participated in $900,000 of the loans on the Lending Crowd platform on equal terms with retail investors. There are 220 registered retail investors, and 165 active investors. In terms of loan security, Croad said 30% of loans are secured by cars plus a property, 50% are secured by vehicles, and 20% are secured by property only.
http://www.interest.co.nz/business/8...l-help-it-grow
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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14-07-2016, 09:08 AM
#179
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14-07-2016, 11:36 AM
#180
New loan this morning!
Funded |
Time remaining |
Grade |
Rate* |
Type |
Term |
Amount |
My investment |
|
|
|
7 days |
B2 |
19.10% |
Personal |
60 months |
$11,250.00 |
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