LendingCROWD NZ P2P

**leesal** · 18-12-2018, 07:50 PM

Having seen FDs balance sheet I endorse Saamee's view and believe that FD are there to add liquidity if required and rarely take positions themselves.

The issue I believe, is the sheer number of investors against the lack of loans. Investors in the thousands and loans between 0 to 5 daily (until lately usually 1 or 2). It appears this has been identified and a potential solution actioned.

On the other hand, I'm not keen on the prospect of lumping up an extra 15% of commission. Its a pity that loan availability could not be increased without having to accommodate third parties and their finders fee's.

**Bjauck** · 18-12-2018, 07:57 PM

I am with icyfire. The few times I have been able to respond immediately, including once when I was already on the site, to b loans of reasonable size, they have been fully invested. This seems to be due to an auto-invest operating (either by FC or another party) or someone is taking the whole loan.

**RMJH** · 19-12-2018, 11:30 AM

Couple of B loans sitting there. Something has changed.

**Saamee** · 19-12-2018, 12:16 PM

Originally Posted by RMJH

Couple of B loans sitting there. Something has changed.

What... No Auto Invests programs running today....

The conspiratorial theorists must have been wrong!!

**humvee** · 19-12-2018, 03:24 PM

Originally Posted by Saamee

What... No Auto Invests programs running today....

The conspiratorial theorists must have been wrong!!

The 1st 25% flex / fees loan went up on the site just before

unfortunately the notification emails don't list the flex %

**Saamee** · 03-01-2019, 12:53 PM

New Month = New NAR

Has anybody else noticed a slow decline in their NAR ( approx 0,05% per month ) over the last 3 or so months?

I am thinking it is the new lower Interest Rate loans now appearing in the NAR calculations.

Any other thoughts?

**humvee** · 03-01-2019, 09:44 PM

New in collection loan .... That won't help my NAR

Id	Grade	Type	Term	Rate*	Flex	Principal	Opened	Princ. recv.	Int. recv.**	Coll. end date***
LN000-063-992	B2	Personal	60 months	19.10%	10%	$50.00	04/04/2018	$2.58	$3.53	02/07/2019

**Bjauck** · 04-01-2019, 09:10 AM

Originally Posted by humvee

New in collection loan .... That won't help my NAR

Id	Grade	Type	Term	Rate*	Flex	Principal	Opened	Princ. recv.	Int. recv.**	Coll. end date***
LN000-063-992	B2	Personal	60 months	19.10%	10%	$50.00	04/04/2018	$2.58	$3.53	02/07/2019

No...and if it is only partly recovered, it will make a difference for your after tax NAR if you cannot deduct the capital loss for tax purposes.

**Bjauck** · 04-01-2019, 09:13 AM

Originally Posted by Saamee

New Month = New NAR

Has anybody else noticed a slow decline in their NAR ( approx 0,05% per month ) over the last 3 or so months?

I am thinking it is the new lower Interest Rate loans now appearing in the NAR calculations.

Any other thoughts?

The 25% flex on referred loans will start to take a chunk out of the NAR.