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07-08-2017, 01:56 PM
#801
Member
Originally Posted by Saamee
Revised \ New Investment strategy added > Diversifying into Finance Direct ( Lending Crowd's parent owner )
Positives
> No early repayments
> No fighting for or missing out on loans
> No daily logging in and checking
> No 10% Interest Flex payment
Negatives
> Slightly lower rates offered
> Quarterly Interest payments
Worth considering as another option > Call Wayne and discuss the history of Finance Direct, especially regarding how they came thought the GFC...
Lower interest and higher risk?
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07-08-2017, 02:05 PM
#802
Originally Posted by RMJH
Lower interest and higher risk?
Just another investment tool, aiding diversification.
NEG.PNG
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07-08-2017, 04:34 PM
#803
Member
Originally Posted by RMJH
Lower interest and higher risk?
What criteria are required to meet loyalty rate?
I diversify with a couple of companies already so no harm adding another under my belt
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07-08-2017, 07:22 PM
#804
Originally Posted by whitt
What criteria are required to meet loyalty rate?
I diversify with a couple of companies already so no harm adding another under my belt
If you are already established with Lending Crowd, then they should apply
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08-08-2017, 10:19 PM
#805
Definitely a Quiet start to August @ LC for loans with over 25% of the month already gone!.....
Same across at SM....
Was able to drop a relatively large sum into Finance Direct with NO waiting
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09-08-2017, 11:56 PM
#806
Better activity today @ LC with 3 x sizeable loans released....
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22-08-2017, 07:34 PM
#807
Junior Member
Originally Posted by Soolaimon
Little wonder that I am getting p...d off. I have 158 active and 89 closed.
Me too. Too many getting paid off recently, including one less than a month old, it appears. Too much stress, even for a good return, and very little coming through, so I'm starting to pull out now
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22-08-2017, 07:49 PM
#808
Member
Very hard to get invested as there is no "autolend facility". If you're not sitting at your computer waiting for email notifications you miss out. Even when you get in straight away, some loans have already been filled. Not worth having money sitting in your holding account as it's so hard to invest.
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22-08-2017, 10:47 PM
#809
Agree with all the above, have been using Squirrel. So easy.
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23-08-2017, 07:13 AM
#810
Member
Originally Posted by joker
Very hard to get invested as there is no "autolend facility". If you're not sitting at your computer waiting for email notifications you miss out. Even when you get in straight away, some loans have already been filled. Not worth having money sitting in your holding account as it's so hard to invest.
Yes, I was getting fed up with missing out on loans, so I wrote an auto-lend client. It's been working well and I haven't missed a loan since starting using it two weeks ago. PM me if you're interested.
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