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  • FIRST POST
    • jnm21
    • By jnm21 12th Apr 18, 8:49 AM
    • 650Posts
    • 218Thanks
    jnm21
    Kufflink P2P lending chat thread
    • #1
    • 12th Apr 18, 8:49 AM
    Kufflink P2P lending chat thread 12th Apr 18 at 8:49 AM
    I think you will be OK if you stick to self select as both are very close to drawdown, and I think look like they could close today or tomorrow.
    Originally posted by bxboards
    I'm not too sure - the earliest draw down of the 2 is 27/04/2018 - I would recommend going for auto-invest if you can't/won't invest 500. Kuflink have been asked the will reserve suffice twice with no reply on P2PIF & another member has emailed them it too.
Page 6
    • bxboards
    • By bxboards 9th Nov 18, 7:12 PM
    • 1,654 Posts
    • 1,300 Thanks
    bxboards

    I will still be closing our accounts after the 12 months is up.

    Alex
    Originally posted by Alexland
    I'll keep mine open as I invest a lot in P2P and I like to spread my money around multiple sites, Kuflink are only 1 of the 10+ sites I use.

    I think their referral scheme may only have acquired short term customers, who will exit when they can - and I can't blame them for that, as they'll come out way ahead, either 20%+ or even 50%+ up depending when they opened accounts.
    • Alexland
    • By Alexland 13th Nov 18, 7:05 PM
    • 4,255 Posts
    • 3,572 Thanks
    Alexland
    Kuflink has a new "Refer A Friend" offer.
    Originally posted by Jerryspb1
    Yes I mentioned this in my recent post on this thread but had the decency not to spam a link.
    https://forums.moneysavingexpert.com/showthread.php?t=5846991&page=5#96

    If you want to post referral links there is a dedicated forum.
    https://forums.moneysavingexpert.com/forumdisplay.php?f=42

    Alex
    • Jerryspb1
    • By Jerryspb1 13th Nov 18, 7:59 PM
    • 2 Posts
    • 1 Thanks
    Jerryspb1
    Hi Alex,

    I take your general point though happen to disagree with your description of it as spam. That aside, i'm new to the forum (as you can see from my profile), and so shall learn from this experience.

    To clarify, I thought it was a decent enough proposition from Kuflink for folk to consider and (obviously) also introduced an incentive to hopefully make it of further interest to additionally benefit other MSE forum readers (and myself) - while also taking care to highlight the risk warning and make an assumption that MSE forum readers (almost by definition) will evaluate options to their best advantage, whether it's my message, someone else's link or doing their own thing.

    I hope that clarifies my intentions and clears the air.

    I'm sure there are enough links and propositions for folk to find something that works for them while recognising the principle of choice through this and other threads.

    As I say, I'll learn from your feedback and this experience. I wish MSE members every financial success going forwards, and am grateful to everyone for their patience as I learn how to operate more effectively within this forum.

    Kind regards,
    Jerry
    • Jerryspb1
    • By Jerryspb1 13th Nov 18, 8:13 PM
    • 2 Posts
    • 1 Thanks
    Jerryspb1
    *MSE Administrators - please feel free to delete my posting if it contravenes the rules for posting. Sorry, am new to this and will look at how to make the same information available via the link that Alex kindly provided. Sorry folks.
    • Alexland
    • By Alexland 13th Nov 18, 8:25 PM
    • 4,255 Posts
    • 3,572 Thanks
    Alexland
    Referrals in the main forum do break the rules - see Martin's explanation on below link:

    https://forums.moneysavingexpert.com/showthread.html?t=103393

    However you are fine to Edit your post and remove the offending link. Edit: too late it's been deleted.

    Alex
    Last edited by Alexland; 13-11-2018 at 8:28 PM.
    • Alexland
    • By Alexland 13th Dec 18, 5:00 PM
    • 4,255 Posts
    • 3,572 Thanks
    Alexland
    Kuflink have spend 295k on cashback to get an additional 20m invested during 2018 - circa 1.5%

    https://s3.eu-west-2.amazonaws.com/kuflink-infographics/Lending+Report+InfoGraphic.pdf
    • dont_use_vistaprint
    • By dont_use_vistaprint 14th Dec 18, 12:33 PM
    • 365 Posts
    • 104 Thanks
    dont_use_vistaprint
    What is the most you have lost to date - if anything - on Kufflink ?

    Aside from Cash-backs and referrals what ROI are you getting (after fees and any losses) ?
    "It is not the critic who counts..." - Theodore Roosevelt
    • dont_use_vistaprint
    • By dont_use_vistaprint 14th Dec 18, 12:36 PM
    • 365 Posts
    • 104 Thanks
    dont_use_vistaprint
    Kuflink have spend 295k on cashback to get an additional 20m invested during 2018 - circa 1.5%

    https://s3.eu-west-2.amazonaws.com/kuflink-infographics/Lending+Report+InfoGraphic.pdf
    Originally posted by Alexland
    Thats decent customer acquisition costs, Ive ran adwords campaigns with much higher CPA, Cashback is the new way
    Last edited by dont_use_vistaprint; 14-12-2018 at 12:39 PM.
    "It is not the critic who counts..." - Theodore Roosevelt
    • keyboardworrier
    • By keyboardworrier 14th Dec 18, 1:45 PM
    • 128 Posts
    • 134 Thanks
    keyboardworrier
    What is the most you have lost to date - if anything - on Kufflink ?

    Aside from Cash-backs and referrals what ROI are you getting (after fees and any losses) ?
    Originally posted by dont_use_vistaprint

    There has been no losses on any Kuflink loans so far, I've not been involved in any defaulted loans (If anyone else has been I'd be interested to know how they were handled) . At the moment it seems like a good solid platform
    • Alexland
    • By Alexland 14th Dec 18, 7:00 PM
    • 4,255 Posts
    • 3,572 Thanks
    Alexland
    Thats decent customer acquisition costs, Ive ran adwords campaigns with much higher CPA, Cashback is the new way
    Originally posted by dont_use_vistaprint
    Yes I was surprised how little they spent to get those inflows. Time will tell how many are sticky or how many (like ourselves) will withdraw after 12 months.

    Alex.
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