sharetrader
Page 58 of 58 FirstFirst ... 8485455565758
Results 1,141 to 1,145 of 1145
  1. #1141
    Member
    Join Date
    Mar 2006
    Location
    It varies
    Posts
    193

    Default

    I agree with Joker in as much that it has been immposible to invest for the last year or so. However, just lately I have managed to secure 10 or so loans. I have spent a bit more time on the site but at the same time there does seem to be a lot more loans available. The future returns for the unsecured loans will be of interest I'm sure and I am being a little selective with them in the meantime.
    And Saamee, same feelings, and now I have a bit more time I will be trying to reinvest at least all the funds withdrawn over the last 18 months.

  2. #1142
    Member
    Join Date
    Jul 2015
    Posts
    33

    Default

    The situation is different now. Many more loans available now. The addition of unsecured loans has certainly helped but doses not account for all of the increase; there are six loans listed as I type this. Maybe increased marketing.

  3. #1143
    Member
    Join Date
    Jul 2015
    Posts
    33

    Default

    Update: there are currently eight loans listed.

  4. #1144
    Member
    Join Date
    Sep 2019
    Posts
    42

    Default

    Yes, it's quite amazing. The addition of unsecured loans certainly does not explain the whole increase. Maybe it's a pre-Xmas phenomenon? I can't remember what it was like this time last year.
    LC2020-12-11-11h21.JPG

  5. #1145
    Member Tony Two Gloves's Avatar
    Join Date
    Feb 2011
    Location
    Auckland
    Posts
    288

    Default

    Quote Originally Posted by Saamee View Post
    Not to keen personally to Invest in Unsecured Loans.......
    Yeah I would be careful here, the cynic in me says Finance Direct will gobble up all the good secured loans and feed the riskier unsecured ones out to investors. This is a very small operation and not a lot of loans to go around which is why investors will always be behind the Parent.

    I'm still concerned this entity is not making any money, six month to Sept 20 $4k Loss -full year to March 20 $1K profit, Lending Crowd only made $62K for the last two years. They have to change something as they are finding out like Harmoney that this business model does not work - innovate or die! I will not be re investing here or buying shares in harmoney

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •