SteveT
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Post by SteveT on Dec 31, 2016 10:00:35 GMT
That approach could only work for the occasional very large BC loan. Normally loans tend to fill within hours, sometimes even before the email anmouncement goes out.
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Greenwood2
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Post by Greenwood2 on Jan 6, 2017 20:03:54 GMT
Big loan now live.
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Greenwood2
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Post by Greenwood2 on Feb 3, 2017 18:09:02 GMT
Small avalanche of new loans!
Edit: Five smallish loans two already filled.
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SteveT
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Post by SteveT on Feb 3, 2017 18:14:43 GMT
Slightly dubious about the one that's reckoned to be 564 months 7 days overdue !!
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Greenwood2
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Post by Greenwood2 on Feb 3, 2017 18:37:46 GMT
Looks like a misprint, I hope.
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Greenwood2
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Post by Greenwood2 on Feb 17, 2017 16:28:05 GMT
Five new loans pretty small, biggest £146,000 others tiny.
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pom
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Post by pom on Feb 17, 2017 17:32:04 GMT
Damn, missed them...
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pom
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Post by pom on Feb 17, 2017 18:13:56 GMT
Don't worry - from BC via email: "All the loans below are now full. There are 4-6 more loans scheduled for completion next week. We will also be releasing some platform updates. Thanks you your continued support. " Yeah except actually I spoke too soon, after all I couldn't possibly succeed in snaffling the very last chunk of the lower rate loan could I? It seems I could....and now kinda wish I hadn't with more coming next week. Having said that since I shall be spending most of next week boosting my vitamin D levels it's no bad thing to have got the cash invested now. So all's well that ends well
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Greenwood2
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Post by Greenwood2 on Feb 17, 2017 18:20:03 GMT
I assume that's in foreign parts not vitamin supplements?
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pom
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Post by pom on Feb 17, 2017 18:47:15 GMT
Correct Funnily enough I prefer to keep my investment decisions to a minimum whilst OD'ing on sunshine n cocktails
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Post by tobermory on Feb 17, 2017 20:59:53 GMT
I did a bank transfer immediately the new loan email came but as they were all gone within an hour received zilch .Transfer was credited to my e-wallet 90 minutes after initial email-which I though was actually quite quick but obviously not quick enough. So I emailed Louis and complained about the shortness of notice and the fact he was p***ing off his investors and I thought the Forum might be interested in his reply.
"At present we are looking to send new loans out every Friday.
We will consider building into out strategy more prewarning about new loans.
However ,we are conscious that we do not want to be a platform that sends too many emails and spams users.
We are trying to get the balance right.
I take your point though.
We are looking at a new account that pays interest on deposits and we are working with the FCA at the moment to get this live."
My view is simply give 24 hours notice-not really interested in a deposit interest account.
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SteveT
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Post by SteveT on Feb 17, 2017 21:36:01 GMT
If you're not bothered about interest on uninvested cash, simply transfer it into your account early in the week and be ready to bid as soon as a new loan appears. I've rarely had cash idle on BC for more than a week.
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mack
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Post by mack on Feb 18, 2017 7:23:22 GMT
I think it works okay. Was able to get some of the new loans and also some from the secondary market. Happy to keep them to term as security looks decent either way.
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Greenwood2
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Post by Greenwood2 on Feb 18, 2017 9:42:08 GMT
Unless you are auto bidding I don't think you will be likely to get into the sub £100,000 loans. Auto bids are applied first however quickly you may manually bid, and they usually fully fund the small loans.
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Post by tobermory on Feb 18, 2017 16:16:56 GMT
As a relative novice in this area was not aware of Autobid-cannot find it on Bridgecrowd website-is this a tool that can be downloaded?
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