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Fund Transfer / Currency Exchange

Please post any Crowdo topics that you want to discuss with the local p2p community
Gaudente
Posts: 16
Joined: Sun Apr 23, 2017 12:09 pm

Re: Fund Transfer / Currency Exchange

Postby Gaudente » Sun Sep 24, 2017 2:37 pm

Gaudente wrote:have to say Crowdo platform is not as good as Funding Societies for monitoring repayments , their portfolio page just displays account balance , value of outstanding loans and value of outstanding bids, without any detail about specific loans amounts and repayment dates.

I wish to correct this statement , Crowdo platform has actually the same features of FS , it's just my screen settings accidentally covered the menu , changed zoom from 100% to 90% and it came back :lol:

BigBoiBoi
Posts: 5
Joined: Tue Mar 29, 2016 8:53 pm

Re: Fund Transfer / Currency Exchange

Postby BigBoiBoi » Tue Sep 26, 2017 9:03 pm

There had not been collateralised loans for quite some time already.

Anyone got news when they will introduce those collateralised loans again?

sunnytimes
Posts: 30
Joined: Sun Jun 19, 2016 3:24 pm

Re: Fund Transfer / Currency Exchange

Postby sunnytimes » Tue Sep 26, 2017 9:46 pm

I was wondering too, I feel like it isn't coming back.

Got a phone call a while back, taking a short survey and encouraging me to sign up for SG Crowdo and get accredited. Maybe the focus is there from now on.

Anyone participating in Crowdo Singapore loans?

heyjude
Posts: 48
Joined: Fri Sep 30, 2016 10:14 am

Re: Fund Transfer / Currency Exchange

Postby heyjude » Wed Sep 27, 2017 10:12 pm

I heard from them that they will not bring back the collateralised gold loans, servicing whatever is outstanding.
Now they have only invoice or personal guarantee financing, and very few at that.
Most of the short term loans are snapped up very quickly.

For this reason, I shall be pulling my money out shortly and placing it in MODALKU. They have alot of loans and their
default rate seems acceptable. Their platform is similar to Funding Societies.

For CROWDO Spore, you have to be an accredited investor. You can check out the requirements on their webpage.

Gaudente
Posts: 16
Joined: Sun Apr 23, 2017 12:09 pm

Re: Fund Transfer / Currency Exchange

Postby Gaudente » Fri Nov 03, 2017 1:46 pm

Gaudente wrote:
Gaudente wrote:I have tried loan CWD031990002 , first repayment 26th June.
Let's see what happens .
June and July paid , August (was due on the 28th) not yet.
and it has not been paid until today ! This loan is missing 3 repayments already , August September and October :evil:

heyjude
Posts: 48
Joined: Fri Sep 30, 2016 10:14 am

Re: Fund Transfer / Currency Exchange

Postby heyjude » Tue Nov 07, 2017 11:53 am

I have not participated in this loan.

So far, all my other loans have been repaid on time, until end October 2017.

Im waiting for all the November/December repayments to gauge the performance.

Only have a few more gold collateralised loans remaining, no defaults to date.


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