|
|
Post by sleepybear on Dec 15, 2016 17:59:18 GMT
In response to #Mandrake on another board, here is a starter for ten list;
_ MoneyThing
- Ablrate
_ Saving Stream
- Assetz Capital
Even Funding Knight has improved, and it's GUI is second to none. OK, that's a starter for five...
|
|
pikestaff
Member of DD Central
Posts: 2,187 
Likes: 1,546
Member is Online
|
Post by pikestaff on Dec 15, 2016 19:48:32 GMT
If I add another platform to my existing three (TC, AC, RS) it will probably be MoneyThing.
I would not touch SavingStream with a barge pole. Accident waiting to happen IMO.
I am more than happy with TC, which has about 60% of my total p2p funds. AC does some things better than TC (notably communications), but its deal flow was very poor until it cut its rates and I still find it hard to get large amounts invested. My recovery experience on a like-for-like basis is no better on AC than on TC. Until recently it was significantly worse. My XIRR remains better on TC. I also think AC's take is higher, and I worry about the platform risk. It is clear from the latest consultation that The FCA has concerns about its complex products. (This also applies to RS.)
Ablrate seems well run but I am not keen on lending on aircraft. I am aware that they have branched out into other things so might give them another look.
I will leave FK and other smaller platforms alone until I see them as having a realistic prospect of achieving critical mass.
|
|
|
|
Post by tybalt on Dec 16, 2016 9:55:45 GMT
Many thanks :
I have return numbers checking on TC down to under half an hour twice a month provided I am disciplined. I do not know enough about aircraft leasing to be happy on Ablrate. I have a couple of loans on AC. Saving Stream - I am not quite as anti as pikestaff but am not keen. MoneyThing is probably my next choice.
Mandrake
|
|
|
|
Post by manxfinch on Jan 28, 2017 15:12:21 GMT
MT / AR / SS - in that order for me.
|
|
ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
|
Post by ozboy on Feb 14, 2017 12:45:30 GMT
SS, are you all kidding?  |
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Feb 17, 2017 16:53:18 GMT
SS, are you all kidding? Yep! Shows you how bad things are at TC.
|
|
ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
|
Post by ozboy on Feb 17, 2017 17:15:23 GMT
I gotta be honest, I put a very small amount in TC some time ago, and never returned. I like my P2P relatively simple, like me really, and just found that I needed a near PhD to understand their website/offerings. Bit of a thicko me.  |
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Feb 18, 2017 10:53:29 GMT
I gotta be honest, I put a very small amount in TC some time ago, and never returned. I like my P2P relatively simple, like me really, and just found that I needed a near PhD to understand their website/offerings. Bit of a thicko me. Nobody can defend the website. The IP and q&a however are about the best you can find
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Feb 18, 2017 14:12:44 GMT
I gotta be honest, I put a very small amount in TC some time ago, and never returned. I like my P2P relatively simple, like me really, and just found that I needed a near PhD to understand their website/offerings. Bit of a thicko me. Nobody can defend the website. The IP and q&a however are about the best you can find They shut the website, without an e-mail warning; the secondary market has "technical issues" and doesn't work at the moment; 1% fee on SM; defaults on SME lending is far too high; recovery rates on "secured assets" low; website is complicated; website very limited; information on loans, on different sites(dropbox etc); arrogant staff; little communication; near zero updates; no notification system(ie when a new loan is listed or when a loan repays). Not to mention all those refactored and repaid loans that are still listed with live loans, creating a messy dashboard. I really think someone should sue them for "selling" some of the financial loans to inexperienced members. The type the FCA are banning from being sold now! Just a few examples off the top of my head and this is AFTER a lot of improvements! In the past, it used to be difficult to even access the website.
|
|
Greenwood2
Member of DD Central
Posts: 4,376
Likes: 2,780
|
Post by Greenwood2 on Feb 18, 2017 20:58:19 GMT
But I still like it.  |
|
pikestaff
Member of DD Central
Posts: 2,187
Likes: 1,546
Member is Online
|
Post by pikestaff on Feb 19, 2017 9:35:33 GMT
Nobody can defend the website. The IP and q&a however are about the best you can find They shut the website, without an e-mail warning; the secondary market has "technical issues" and doesn't work at the moment... System closures for maintenance are announced in advance on the website and on the VIP forum. An update a couple of days ago caused some calculation errors on the secondary market. It's been closed while they fix it, which is scheduled for tonight (already announced before your post).
|
|
Liz
Member of DD Central
Posts: 2,426
Likes: 1,297
|
Post by Liz on Feb 19, 2017 17:11:29 GMT
They shut the website, without an e-mail warning; the secondary market has "technical issues" and doesn't work at the moment... System closures for maintenance are announced in advance on the website and on the VIP forum. An update a couple of days ago caused some calculation errors on the secondary market. It's been closed while they fix it, which is scheduled for tonight (already announced before your post). I hadn't been on the website for a couple of days so didn't see any "announcement" I mean how hard is it to send members an e-mail? On the SM, again, how difficult is it to test before making an update live? No they will use their customers as guinea pigs. Not good enough in light of the other site issues over the years. Don't they learn their lesson? It makes them look like amateurs.
|
|
Steerpike
Member of DD Central
Posts: 1,977
Likes: 1,687
|
Post by Steerpike on Feb 20, 2017 8:34:22 GMT
The TC website is slow and can be perplexing and IMO has shown little or no improvement in the last 4 years.
However, I am satisfied with the deal flow and return and generally the figures add up.
Currently, I have a handful of C, D, E loans and may be less happy if these all turn out badly.
|
|
ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,168
Likes: 4,859
|
Post by ozboy on Feb 22, 2017 20:39:50 GMT
I'm still maintaining "the TC swerve", far better ABP2Ps out there who I'm much happier to invest via.
|
|
|
|
Post by tybalt on Feb 27, 2017 17:10:05 GMT
Have a look at the replies to your post on the new ThinCats forum
|
|
