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Discussion about Peer-to-Peer Lenders

Harmoney
Squirrel Money

Posts about Harmoney on ShareTrader.co.nz

“P2P = peer to peer = person to person = individual with money to lend lending to individual needing money? Not a bank in the middle. peer to peer != person to person The retail side of Harmoney, which is what we invest in, IS, in general, peer to peer. In the context of the post I replied to... Though if you consider...” View full post »

“P2P = peer to peer = person to person = individual with money to lend lending to individual needing money? Not a bank in the middle....” View full post »

“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......” View full post »

“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...” View full post »

“Lots of loans coming thru now but they are filling quite quickly. Could be result of backup after new rates or the new rates are proving attractive?...” View full post »

“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...” View full post »

“Anyone else seeing negative Funds Available lately? 9084 This is the second time I've seen it in the last week or so. Seems to be a bit of a glitch as I can't see how it could happen? Might have to monitor $ in vs $ out a bit closer for a while to see what's happening... I get that in the past when my cash balance is...” View full post »

“So thats quite a lot more then, if your stats only include Jul15 to Dec16! If I strip out A grade in those months my model gives 72.9m loans , 36.6m fully paid (50%) and 0.4m charged (0.5%); Quite a considerable % short of your 72.9%. My 72.9% includes the principal portion of current loans that had been paid. So, your...” View full post »

“Anyone else seeing negative Funds Available lately? 9084 This is the second time I've seen it in the last week or so. Seems to be a bit of a glitch as I can't see how it could happen? Might have to monitor $ in vs $ out a bit closer for a while to see what's happening... Harmoney needs to show the Transaction History...” View full post »

“Good modeling! 75% early repayment for 2014 and 2015 is not high considering it is now 2017! "A" grade loans also have a much higher early repayment than other grades. I shall share my analysis of my 3726 loans taken between June 2015 to December 2016 (18 months). Results as at 1 July 2017 ...” View full post »

View full Harmoney thread on ShareTrader.co.nz

Posts about Squirrel Money on ShareTrader.co.nz

“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...” View full post »

“Love the engagement JB. Thumbs up from me....” View full post »

“The SM Reserve Fund dropped by 33K overnight! Coverage Ratio also dropped from 2.49% to 2.1% A rather large Write Off! 9067 9068 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...” View full post »

“Yeah, unfortunately I only want to lend on a 2 yr term :mad ;: as I got too much out already on those 3 and 5 yr terms. Hoping I don't move out of my comfort zone for this one. Hey RGR, Remember that consumer finance loans typically pay back way faster than term. You also have the secondary market so can sell your loans...” View full post »

“I see that borrowers with lower credit ratings can pay 16.95% to 17.95% interest on Squirrel. Has anyone out there invested in a loan and received a higher rate than 9%? Hey Emerald, The way the platform works is that we pay investors a set maximum rate by term (that we can change depending on supply and demand) but which...” View full post »

“The SM Reserve Fund dropped by 33K overnight! Coverage Ratio also dropped from 2.49% to 2.1% A rather large Write Off! 9071 9072 Strange I could see them OK - Uploaded again :)...” View full post »

“Woah that is a big write off. Wonder if it was one loan or many?...” View full post »

“The SM Reserve Fund dropped by 33K overnight! Coverage Ratio also dropped from 2.49% to 2.1% A rather large Write Off! 9067 9068 The Reserve Fund has been this low before and it will not take long to build up again. I'm just happy to have a fund to cover the loan defaults. SM's Reserve Fund is much better even...” View full post »

“The SM Reserve Fund dropped by 33K overnight! Coverage Ratio also dropped from 2.49% to 2.1% A rather large Write Off! 9067 9068 I get a response of invalid attachment when I click on the links. If SM decide to increase the contribution rate to the Reserve Fund, would that come out of the interest paid to investors?...” View full post »

“The SM Reserve Fund dropped by 33K overnight! Coverage Ratio also dropped from 2.49% to 2.1% A rather large Write Off! 9067 9068...” View full post »

View full Squirrel Money thread on ShareTrader.co.nz

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