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Discussion about Peer-to-Peer Lenders

Harmoney
Squirrel Money

Posts about Harmoney on ShareTrader.co.nz

“Yep, it used to be $800k to $1m a day of loans in the marketplace. The question is whether this is due to less loan applications in total (seasonal?) Or is it because harmoney itself is now a wholesale investor and less loans are making it to the retail marketplace after the institutional investors get their share. Is...” View full post »

“I have the site open most of the day and I'm struggling to find enough decent loans to stop my balance growing. I'm wondering whether or not to start putting it into something else, but my LC account is in a similar situation....” View full post »

“Either way my auto lend hasn't picked up any loans for nearly a month now and my balance is growing unfunded...” View full post »

“Is it just me, or have the number of new loans available to invest in plummeted since the t&c's were changed? Yep, it used to be $800k to $1m a day of loans in the marketplace. The question is whether this is due to less loan applications in total (seasonal?) Or is it because harmoney itself is now a wholesale investor...” View full post »

“Is it just me, or have the number of new loans available to invest in plummeted since the t&c's were changed?...” View full post »

“True Indeed and Surprising considering the domination of Overseas owned enterprises in the Financial sector and surprising since there has been concern about the reliance of NZ households on investment in residential real estate as opposed to financial investment. Yep, not to mention productivity gains in banking, investment...” View full post »

“Indeed there has hardly been much official will to allow P2P to prosper.... True Indeed and Surprising considering the domination of Overseas owned enterprises in the Financial sector and surprising since there has been concern about the reliance of NZ households on investment in residential real estate as opposed to financial...” View full post »

“ I doubt there will be much change from our end as lenders, possibly some of the benefit from the recent interest rate increase will be eaten up with an increase in lending fees? I'll second your first observation, until the second part of your consideration eventuates. If it does, it will begin to impact Harmoney market...” View full post »

“Since May 8th my autolend has taken a vastly reduced number of loans. I have changed no settings, merely reenabled autolend. Anyone else seeing a massive drop in loans available? Yes, because the borrowers are adjusting to their rate changes, while little lenders giving way to a new wholesale lender. Should come right...” View full post »

“Since May 8th my autolend has taken a vastly reduced number of loans. I have changed no settings, merely reenabled autolend. Anyone else seeing a massive drop in loans available?...” View full post »

View full Harmoney thread on ShareTrader.co.nz

Posts about Squirrel Money on ShareTrader.co.nz

“Nothing. Still bidding for $500 worth at 9%. Have no idea on whether any loans before mine on 9% have been filled. @leesal > Any movement for you?...” View full post »

“The "Recently Funded" figure changes on a regular basis so that means all the orders with lower interest rates are picked up first...” View full post »

“Nothing. Still bidding for $500 worth at 9%. Have no idea on whether any loans before mine on 9% have been filled. Yes it sure would be good if you could monitor your progress down the queue!!...” View full post »

“Nothing. Still bidding for $500 worth at 9%. Have no idea on whether any loans before mine on 9% have been filled....” View full post »

“Thanks Guys. Did wonder with that much how long withh 200k+ out I'll still try top dollar. Its FIFO right? Might be worth painting the house and see if gone through when its dry. Would be much nicer if all the investors went in at 9%, and waited patiently in line ;) @leesal - Do you have an update on movement?...” View full post »

“Thanks Guys. Did wonder with that much how long withh 200k+ out I'll still try top dollar. Its FIFO right? Might be worth painting the house and see if gone through when its dry. Would be much nicer if all the investors went in at 9%, and waited patiently in line ;)...” View full post »

“@leesal Given that there is currently $239,506 of bids in the market for 5 years it might take 1-2 weeks. The beauty with SM is that you create your order and then go to the beach! I personally don't use the HM auto-lending function so I find SM to be a lot less time consuming....” View full post »

“Just put on my first bid :) How long does it generally take to place a 9% order? I read that JD mentioned 3% interest for on-call funds. Has that been activated? Have a good chunk in Harmoney am happy with that being locked away medium term. SM appeals provided the secondary market works for liquidity if needed. ...” View full post »

“Just put on my first bid :) How long does it generally take to place a 9% order? I read that JD mentioned 3% interest for on-call funds. Has that been activated? Have a good chunk in Harmoney am happy with that being locked away medium term. SM appeals provided the secondary market works for liquidity if needed....” View full post »

“SM being squirrel money. The default was billed to the reserve fund they have, which each member contributes towards. Yeah.. Thanks @Investor - I wasn't going to answer!...” View full post »

View full Squirrel Money thread on ShareTrader.co.nz

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