Discussion about Peer-to-Peer Lenders

“Yiou think they (and the other instos) get first dibs and you fight over the leftovers No, they don't. With retail running well above the platform average and Wholesale running below, I think it is the other way around? Hardly true Peer to Peer is it Yes it is. Even with a few BIG peers......”

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“Did you see Heartland have lent $78m though Harmoney over last year Yiou think they (and the other instos) get first dibs and you fight over the leftovers Hardly true Peer to Peer is it ? I deployed $100k in 2 $50k chunks, each time it took maybe 4-5 weeks, logging in a couple of times a day + auto lend. It wasn't...”

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“You guys are fast! It was one loan of $33,000 secured over a house where his business has gone under and took the house out too! It was a C grade. It had been in arrears for a while so good to write it off. We'll still look to recover what we can. In the early days we're going to have swings like this, but they'll decrease...”

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“Love the engagement JB. Thumbs up from me....”

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“Better activity today @ LC with 3 x sizeable loans released.......”

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“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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“Just logged on to zagga!! It's just the old LendMe website with the same loan(s) still there - just a relaunch rename :(...”

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“Maybe the name of this Thread needs to be changed to keep up? By who ever has the authority....”

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