Squirrel Money P2P

**Saamee** · 06-10-2016, 09:35 AM

Originally Posted by Kelvin

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.

Thanx for the update...

Guess it's a market timing thing plus a marketing thing from SM finding new customers at this time!

Hvae you noticed @ SM any Monthly cycles in loan availability or maybe even Quarterly cycles?

**Kelvin** · 06-10-2016, 10:07 AM

Originally Posted by Saamee

Thanx for the update...

Guess it's a market timing thing plus a marketing thing from SM finding new customers at this time!

Hvae you noticed @ SM any Monthly cycles in loan availability or maybe even Quarterly cycles?

I think there is a cycle - in the past I have taken up loans at around 8.5%, then in 2 weeks time they'd be plenty of loans coming in at 8.9-9%. Maybe it coincides with marketing activity.

**Saamee** · 08-10-2016, 07:44 AM

Watching. Waiting. Still very quiet. Now 5 Year loans recently funded has rolled over to Zero.

SM 5 Year.jpg

**Saamee** · 09-10-2016, 11:21 AM

Happened to hear a Radio Ad on George FM this morning from Squirrel looking for new Borrowers....

**Kelvin** · 11-10-2016, 10:11 AM

Just got an early repayment (fully repaid) at the worst time, with no loans to invest in (apart from a $4000 5 year loan that just got funded)

**Saamee** · 12-10-2016, 07:24 AM

Originally Posted by Kelvin

Just got an early repayment (fully repaid) at the worst time, with no loans to invest in (apart from a $4000 5 year loan that just got funded)

Yes, Just right now I'm seeing many Loans being repaid early ( not a problem in itself ) however right now, both here at SM and over at LC, I am struggling ( and failing ) to Reinvest faster then being Repaid!!