Kufflink P2P lending chat thread

Alexland

Yup - ours have both just been reallocated across 12 x £38 loans plus a £44 loan which are all on different properties except the bottom £38 loan doesn't have a property name and gives a PHP web server error message when I click on the PDF icon for the property details. Yes the old repaid properties have been removed.

Do you think they are reading this thread and got on with the job of showing the loan reallocations? I see they post directly in P2PIndependentForum so maybe they are monitoring here?

Alex.

bxboards

Alexland wrote: »

Yup - ours have both just been reallocated across 12 x £38 loans plus a £44 loan which are all on different properties except the bottom £38 loan doesn't have a property name and gives a PHP web server error message when I click on the PDF icon for the property details. Yes the old repaid properties have been removed.

Do you think they are reading this thread and got on with the job of showing the loan reallocations? I see they post directly in P2PIndependentForum so maybe they are monitoring here?

Alex.

Your guess is as good as mine if they read here - although the timing does seem to be a coincidence.

Ironically, I think I took comfort in seeing all those nice 'repaid' statuses showing in my auto-invests!

Alexland

They seem to have fixed something as I am no longer invested in a blank property which gives an error message.

However I am pretty sure 3 of the £38 properties that I am now investing in are properties that I had previously seen as confirmed repaid in my investment list when I had 10x£50 invested. For example the Liverpool L13 one was showing as repaid shortly after it was due on 11th June but it is still showing as part of the mix if a customer was to make a new auto-invest? The 'loan updates' page hasn't mentioned it as repaid.

Its all very inconsistent and to be honest this doesn't give me confidence to put more money onto their platform.

Alex

keyboardworrier

In the past Kuflink have had frequent 3% cashback offers for investing in their IFISA, if anyone is considering the proposition it may be worth waiting for a while to see if another offer comes along

Alexland

keyboardworrier wrote: »

In the past Kuflink have had frequent 3% cashback offers for investing in their IFISA, if anyone is considering the proposition it may be worth waiting for a while to see if another offer comes along

Why wait for a 3% offer when you can already get £100 each on the Referrals board? Unless you were planning to make a very large initial deposit where a percentage bonus would work out better.

keyboardworrier

Alexland wrote: »

Why wait for a 3% offer when you can already get £100 each on the Referrals board? Unless you were planning to make a very large initial deposit where a percentage bonus would work out better.

The info was intended for people who have already taken up the referral offer, and may have been interested in investing further at a later date

Alexland

keyboardworrier wrote: »

The info was intended for people who have already taken up the referral offer, and may have been interested in investing further at a later date

So do they email this 3% offer to existing customers?

Whenever I have seen their similar percentage offers (eg they have currently have 5% on TopCashBack) they are for new customers only.

Alex

keyboardworrier

Alexland wrote: »

So do they email this 3% offer to existing customers?

Whenever I have seen their similar percentage offers (eg they have currently have 5% on TopCashBack) they are for new customers only.

Alex

Yes, they email investors. I've had about 4-5 of them over the time I've been with Kuflink which is about 1 year now. I imagine they have quite a lot of money coming into the platform recently due to their referral scheme so I can't imagine they will be offering it any time soon though. I didn't take the offers up because it was 5% skin in the IFISA vs 20% in the select account but now they've equalised this I may take them up on it next time.

msallen

These 3% cashback offers weren't for the IFISA per se, but just for auto select (as opposed to self select) whether ISA wrapped or not.

They used to come up every few weeks, but that was before their referral scheme started, so I suspect that their marketing budget has been re-routed now and we may not see any more (I've not seen one in a few months).

I'm pulling out of Kuflink as loans repay. Most of these are self select but I did take them up on the cashback offer a couple of times - I have one maturing in October and another (which was higher at 3.5% cb) in January.

bxboards

I've generally done another auto-invest whenever they've had a 3% cashback offer. I can recall at least three 3% offers.

Some are only for auto-invest, others for anything, terms seem to vary.