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  • beacon's Avatar
    23-03-2019, 04:40 PM
    Arrears rising for me too, even though my invested capital has reduced by more than a quarter, and I haven't made any changes to compensate for my...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    13-03-2019, 01:53 PM
    The Financial Markets Authority is removing the expiry dates for all licences issued under the Financial Markets Conduct Act in a process it expects...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    13-03-2019, 11:08 AM
    Checked a few times. Never saw a loan over 7.2% pa. Website had no place to place orders. Messages left on phone number were rarely returned. So,...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    13-03-2019, 11:03 AM
    Point taken, Myles, but I'm already having to look for alternative investment options. With such a choke in loan volume, I've recently withdrawn yet...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    13-03-2019, 06:38 AM
    Indeed ( re the first observation) . I would be happy to pay the wholesale fees Wsp, as I wouldn't also need to spend a minute choosing, reading,...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    12-03-2019, 08:36 AM
    Heartland Bank or BNZ are not our peers, by any stretch of imagination. Harmoney may have drifted away to their "insto" peers now (at the...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    12-03-2019, 08:21 AM
    100% loan allocation to instos should be grounds for revocation of any P2P organisation's P2P license. In fact, majority loan allocation to instos...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    12-03-2019, 08:15 AM
    Sure, and I was hoping that my comments about integrity get shown to the Harmoney CEOs, so FMA doesn't have to get involved.
    4225 replies | 528928 view(s)
  • beacon's Avatar
    12-03-2019, 07:56 AM
    Myles, I respect you for what I have learnt from your posts here in the last 2 years, and for the care and effort visible in your contributions...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    10-03-2019, 02:11 PM
    I should expect no change to existing loans, but no new business for any clients under P2P framework - which doesn't seem too much of a loss from...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    10-03-2019, 09:41 AM
    While returns to date from Harmoney have been comparatively good for all investors - big and small, Harmoney is showing a growing propensity to...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    08-03-2019, 07:59 AM
    Yes, they had reported rejecting 77% of applications approx 18 months ago. Forecast default rates were updated in v1.5 around the same time....
    4225 replies | 528928 view(s)
  • beacon's Avatar
    07-03-2019, 06:58 AM
    Loan numbers have been dismally low for most of the moons since before Christmas now. That's three months, compared to the last time they did this...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    06-03-2019, 12:15 PM
    My numbers are smaller than yours Cool Bear, but I have also only done roughly 10% of the volume this Feb as compared to Feb last year. My January...
    4225 replies | 528928 view(s)
  • beacon's Avatar
    24-02-2019, 09:01 AM
    I've pulled out 10% of my capital too recently, for the same reasons. Squirrel return simply became unappealing to me, especially after their latest...
    4225 replies | 528928 view(s)
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About beacon

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About beacon
Location:
, , New Zealand.

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23-03-2019 04:41 PM
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29-04-2002
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