Quote from: smooth on March 19, 2016, 02:16:51 AM

Quote from: explorer on March 19, 2016, 02:11:14 AM

Quote from: hitchingAride on March 19, 2016, 02:07:10 AM

are you guys loaning out on polo ive been collecting at around like 0.02% rate wish it could be higher.

Is the rate for specified term, or compounded daily, or?

It is a daily rate for a maximum term that you specify. The borrower can pay back early. There is no compounding until the loan is paid back and you reinvest the proceeds (at the then-available rate).

Huh. Seems there are an awful lot of offers there grasping for pennies. Hardly worth the effort?
I recall earlier posts suggesting 0.1% as a minimum asking rate, and given the particulars, that seems reasonable. Less than that... To each his own, I guess. Though I don't see how you could get a reasonable rate when there are plenty of offers at next to nothing.