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23-09-2016, 08:48 AM
#161
SM has been very quiet for new available loans this week.
For 4 days now this week, NO Qualified Borrowers on the 2 year \ 3 year & 5 year terms!
Has the tide turned for demand for funds on P2P? ( having said that, LC has been getting busier and busier! )
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23-09-2016, 09:24 AM
#162
Member
Originally Posted by Saamee
SM has been very quiet for new available loans this week.
For 4 days now this week, NO Qualified Borrowers on the 2 year \ 3 year & 5 year terms!
Has the tide turned for demand for funds on P2P? ( having said that, LC has been getting busier and busier! )
I got matched with 2 5 year loans this week at 8.85% and 8.9%
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23-09-2016, 11:44 AM
#163
Originally Posted by Kelvin
I got matched with 2 5 year loans this week at 8.85% and 8.9%
Was that like on Monday Kelvin?
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23-09-2016, 12:17 PM
#164
Member
Originally Posted by Saamee
Was that like on Monday Kelvin?
Wednesday and Thursday. Some loans go through the process and get funded quite quickly so you don't see them sitting in the Qualified Borrower stage
Last edited by Kelvin; 23-09-2016 at 12:18 PM.
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27-09-2016, 11:26 AM
#165
Still the only activity here @ SM seems to be 2 Year loans..... No 5 Year activity for ages!
Have started watching the recently Funded field..... just not going up!
SM 5Y - 26 SEP.PNG
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27-09-2016, 09:17 PM
#166
Member
I've had a 5 year loan "Waiting for document sign off" for ~ a week now
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27-09-2016, 09:32 PM
#167
Originally Posted by whipit
I've had a 5 year loan "Waiting for document sign off" for ~ a week now
Apparently it's due to a Trust involved and Lawyers sign off - due soon
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28-09-2016, 09:39 PM
#168
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06-10-2016, 07:24 AM
#169
Originally Posted by Kelvin
Wednesday and Thursday. Some loans go through the process and get funded quite quickly so you don't see them sitting in the Qualified Borrower stage
Kelvin, Have you invested in any further Loans @ SM since your last posting?
I'm watching however all seems very very quiet!
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06-10-2016, 08:32 AM
#170
Member
Originally Posted by Saamee
Kelvin, Have you invested in any further Loans @ SM since your last posting?
I'm watching however all seems very very quiet!
My last loan drawdown was on the 24th Sep...
I put in additional funds exactly a week ago and haven't been able to get it invested since then. Very frustrating seeing investor funds piling up (have to bid lower and lower), seeing repayments piling up in my account, and no new loans to take these funds.
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