Forum > Borrower Questions > Loan funding
Hey,can someone kind me,this the third I am applying my loan but hasn't been funded.what could be wrong,.can someone check my account and advise me .thank you
Hi Nelly, Your repayment rate at 51%, which overall is poor. As a lender I look for borrowers with a repayment rate of 90% or better. Zidisha allows borrowers to adjust payments. I would rather see pennies paid back at a time rather than missed payments.
When lending I look at repayment rates, how many loans the borrower has had and paid back, and read the discussions to see who I should lend to. With limited lending funds, I will pick who I know will really try to pay me back on time. Wouldn't you do the same? I would recommend really working on your repayment rate. Make those payments on time. Zidisha is competative and you will need to improve to compete. Regards, Mary
Hello Mary,thank you for your honest opinion.I completely understand however I do intend to improve my repayment rates .in the coming.
My sincere apologies to all the lenders for failing to make payments on time,and other borrowers for denying you opportunities for your loans to be funded
amazing answer, thank you hopefully can be our passion for payment on time to avoid things that are not in want
Translated by Google
jawaban yang menakjubkan , terimakasih semoga bisa menjadi semangat kepada kami untuk pembayaran tepat waktu untuk menghindari hal yang tidak di inginkan
Hi Nelly, why don't you send more picture about the product on your store/ online store on your discussion page. Send picture what kinds of bags, shoes, laptop that you will buy when your loan get funded 100%.
I read on old forum that ontime score one of the things lender see before they decide to support a borrower, but don't let your spirit going down. I knew you have read Julia announcement so you know the situation right now, more loan application then lending capital. Keep your hopes up and try to see on lenders perspective. As a lender what do you wanna see on your loan proposal ? I hope your loan will get fully funded soon .
Thank you,for your advise.
Best answer from our dear mother Mary,Our dear Mary had said it all.good luck
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