Its simply market forces at play here. Given the choice, most borrowers would prefer unsecured loans.
As lenders, we would prefer secured loans, to avoid getting burned
A borrower does not have the same mindset as a lender
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Been yonks but a loan has just been listed
Thanks Darchie - appreciate the headsup.
beautiful. this loan is filling up quite fast. starved investors waiting for some action
By my reckoning, it's been 8 days without loans..
Another small loan been listed
Yep that's the one .. they were borrowing only 3,500 .. so thouggt it wouldn't hang around long ..
Another small loan been listed overnight.
I am sure I remember subscribing to at least 2 loans that were listed out side business hours.
Something I have noticed tho is that the loan number seems to jump considerably between listed loans eg. loan 012-775 listed 13/5 and then 2 loans later, loan today 18/5 listed as 012-861.
If the numbering is consecutive, that means 86 loans registered and we have only seen 2. Well that's all I have seen.