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Funding Circle moving the goalposts
Comments
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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.0
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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.0
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How on Earth will they attract new investors if it's so hard to get your money out ?0
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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.0
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