We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Funding Circle moving the goalposts

13»

Comments

  • masonic
    masonic Posts: 29,099 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Depending on the loans, a 1.25% capital loss may be a price worth paying. I've sold loans for a bigger discount in order to escape a greater loss further down the line. Presumably it will represent less than a couple of months interest, which you've earned while the parts were for sale under the original terms.
  • max...
    max... Posts: 67 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Yes, we will have to swallow the 1.25% but it's getting meaningful funds out at all that bothers me - I have a very significant sum in their for myself and wife. At least I got the ISA accounts out in pretty much one piece earlier this year.
  • ringer
    ringer Posts: 127 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    How on Earth will they attract new investors if it's so hard to get your money out ?
  • max...
    max... Posts: 67 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    They won't hence the downward spiral that is killing FC and has killed many others and will no doubt catch RS one day. I'm finished with P2P and only hope I can get out the majority of a very significant investment.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.7K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.8K Work, Benefits & Business
  • 603.2K Mortgages, Homes & Bills
  • 178.2K Life & Family
  • 260.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.