Kufflink P2P lending chat thread

jnm21

They delayed my withdrawal wanting details over the phone (which is a PITA since they work hours that I am either working or travelling/getting ready). That said they never did the same for my wife or mum! I had my poor mum wired off to expect a call!

As for worrying about referring folk who were not friends I wouldn't worry - their marketing director has their referral link at the top of her LinkedIn profile!!!

fun4everyone

nmind.....

Alexland

Kuflink just phoned me to confirm which bank account I wanted my £100 withdrawal to be sent to.

They were quite friendly and told me that after 12 months my auto invest capital and interest would be paid into my account wallet for me to decide what to do next (withdraw or reinvest).

I checked and they were happy for me to refer my wife for an additional £200 of bonuses...

Alex

ANDY597

Hey Bxboards

Maybe a silly question that ive not managed to pick up from the thread.

Considering doing this, but Id like to know, how long do I need to keep the £500 invested before I can withdraw?

Apologies in advance if Its already in the thread.

Cheers

bxboards

ANDY597 wrote: »

Hey Bxboards

Maybe a silly question that ive not managed to pick up from the thread.

Considering doing this, but Id like to know, how long do I need to keep the £500 invested before I can withdraw?

Apologies in advance if Its already in the thread.

Cheers

Hi, it's probably not appropriate for me or anyone else to give anything that looks like financial advice especially when referals are involved, but take a look at the site, as all the info is there - as a hint look at the end date of the loan or self-select options I would suggest.

ANDY597

I must be having a really thick day, but it wont let me see the investment opportunities without signing up first.

Alexland

Then signup using bxboards's link. If you don't like the look of the investments you don't have to deposit any money. I chose the auto invest as it has spread the £500 across 10 properties at £50 each. After 12 months (regardless of individual loan duration) they should (hopefully) return the money with interest.

For the loans that are repaid during the 12 months they will reinvest in new loans however even if the loans run longer than the 12 month anniversary of the auto invest instruction they should return the money.

Ultimately you have to trust them. Given their high cost of acquiring new customers then they won't want to see them experiencing losses and then leaving the platform.

Alex

tea_and_cake

hi I invested on the 09/05/2018 does anyone know how long it takes for the bonus to be paid?

thanks.

Psyduck1980

tea_and_cake wrote: »

hi I invested on the 09/05/2018 does anyone know how long it takes for the bonus to be paid?

thanks.

I think it's the 11th working day after the investment is made so you should probably get your referral bonus today.

bxboards

tea_and_cake wrote: »

hi I invested on the 09/05/2018 does anyone know how long it takes for the bonus to be paid?

thanks.

It's generally 14 days from the day after you signed up / invested, as long as the 14 days doesn't fall on a weekend.

So I think it would be tomorrow at the earliest, most likely sometime between 10am and 11am you'll get a wallet topup e-mail.