morris
Member of DD Central
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Post by morris on Dec 8, 2020 9:32:18 GMT
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Dec 8, 2020 21:59:43 GMT
Wont be to the benefit of us the small investors as these companies tend to buy at pennies in the pound
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ashtondav
Member of DD Central
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Post by ashtondav on Dec 9, 2020 9:31:43 GMT
Zopa have been doing this (but not to hedgies) for years. Can’t see what the problem is - especially if you’re an FC lender.
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Post by shanghaiscouse on Dec 11, 2020 11:51:54 GMT
Its a "tiny" amount of loans because they are already written down to zero! The original gross amount could be very large. Big cap hedge funds have no interest in buying tiny things, they need to deploy big chunks of capital.
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