Timbuk3 Posted September 25, 2017 Share Posted September 25, 2017 http://www.telegraph.co.uk/business/2017/09/23/concern-scale-peer-to-peer-lenders-defaults/ Seems that property investment isn't such a one way ticket to riches after all. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 "The growth is driven by more than 15,000 retail investors who are attracted to a promise of 12pc returns in a prolonged low-interest environment." Quote Link to comment Share on other sites More sharing options...
longgone Posted September 25, 2017 Share Posted September 25, 2017 i am sure the owners stashed a nice wedge before going kaput . Quote Link to comment Share on other sites More sharing options...
Houdini Posted September 25, 2017 Share Posted September 25, 2017 3 hours ago, TheCountOfNowhere said: "The growth is driven by more than 15,000 retail investors who are attracted to a promise of 12pc returns in a prolonged low-interest environment." Peer to peer lending on property - what could possibly go wrong (hint, absolutely blooming anything and everything).. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 2 minutes ago, Houdini said: Peer to peer lending on property - what could possibly go wrong (hint, absolutely blooming anything and everything).. Just had notification from Zopa that they're nmoving everyone onto a new lending scheme and scrapping their money guarantee. I'll be slowly drawing down the money now. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 25, 2017 Share Posted September 25, 2017 15 minutes ago, Houdini said: Peer to peer lending on property - what could possibly go wrong (hint, absolutely blooming anything and everything).. We are 6 feet below the bottom of the barrel. Quote Link to comment Share on other sites More sharing options...
dkujsbap Posted September 25, 2017 Share Posted September 25, 2017 Yeah I am slowly taking everything out of p2p. I can see p2p being very viable in the future, and has been in the past. Concerning right now though. Quote Link to comment Share on other sites More sharing options...
Sawitcoming Posted September 25, 2017 Share Posted September 25, 2017 There is a company called Lendy Finance? Quote Link to comment Share on other sites More sharing options...
Noallegiance Posted September 25, 2017 Share Posted September 25, 2017 18 minutes ago, Sawitcoming said: There is a company called Lendy Finance? That's the parent company of Loany Money, Borrowy Lotsy & Ticky Perpetuity. Quote Link to comment Share on other sites More sharing options...
suresh786 Posted September 26, 2017 Share Posted September 26, 2017 shit Quote Link to comment Share on other sites More sharing options...
dgul Posted September 26, 2017 Share Posted September 26, 2017 http://theconvent.net/wp-content/uploads/2015/09/CONVENT_INVESTORS_BROCHURE_UPDATED.pdf They were trying to get people to invest for 5%. IMO you'd have to be mad to invest in that for 5%. Oh, sorry, typical returns would be 20%. Only they weren't. Quote Link to comment Share on other sites More sharing options...
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