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Post by bricktop on Jul 19, 2018 7:40:29 GMT
I'm confused if you've left why the need to comment. Surely just move on with your life? <redacted personal insult>
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happy
Member of DD Central
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Post by happy on Jul 19, 2018 8:04:52 GMT
I'm confused if you've left why the need to comment. Surely just move on with your life? <redacted personal insult> Unfair comment I feel, just because someone chooses to move their investment somewhere else due to changes made by a platform it does not preclude them from an opinion on the changes nor does it stop them wanting to return to that platform/product in the future should things change for the better. Perhaps a bit more live and let live all round would be nice but in the post-Trump world this seems somewhat lacking in how we all choose to communicate here in social media.
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Post by p2plender on Jul 19, 2018 8:17:34 GMT
I actually agree with the 14 day ban. Perhaps lessen it to 7 days but a ban I'm in agreement with.
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jsmill
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Post by jsmill on Jul 19, 2018 8:36:12 GMT
Definitely a positive step from Ratesetter but will take a while for them to repair the damage. Having gone through the process of transferring ISAs to Lending Works I am not going to reverse the process but at least with this will consider Ratesetter again for allocations in the future
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happy
Member of DD Central
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Post by happy on Jul 19, 2018 8:59:01 GMT
I actually agree with the 14 day ban. Perhaps lessen it to 7 days but a ban I'm in agreement with. I also agree there should be a way to stop people rate hopping in Rolling. Rather than a total investment ban another option would be to implement a 1% or so investment fee on new money investments (Not interest/repayments reinvested) for a 7-14 day period after a withdrawal. That way you don't penalise the people who want to do a genuine withdrawal but you stop the rate hoppers. Just a thought....
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Post by GentlemansFamilyFinances on Jul 19, 2018 9:02:21 GMT
I just read about this - I am a bit surprised but maybe it's easier for them to do a ZOPA and remove all choice and give you a purple coloured black box to invest in.
I like the fact that I can choose my rates - especially since I've invested lump sums in the past and if I can get an extra 0.5% for 5 years I'll invest in RS as opposed to elsewhere.
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ashtondav
Member of DD Central
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Post by ashtondav on Jul 19, 2018 9:21:33 GMT
I'm confused if you've left why the need to comment. Surely just move on with your life? Nothing to troll on the BBC or daily mail websites for you at the moment? I clearly said I’m in the 5 year market! Trouble reading today? I’ve just left rolling, and you pathetically suggest I can’t give the reason why? <redacted personal insults> Doh.
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star dust
Member of DD Central
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Post by star dust on Jul 19, 2018 10:06:28 GMT
Mod Hat On/ Can't work out where this has come from, but Pistols Down. A reminder whatever your feelings about the situation in hand there is no need whatever for personal attacks - as happy emphasised everyone's entitled to their opinions and there's certainly no need to be insulting. Likewise however, if it's aimed at you don't fan the flames. Thanks
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dandy
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Post by dandy on Jul 19, 2018 10:12:06 GMT
Smart companies react quickly. RS have reacted quickly unlike many other platforms with their own issues. Strong management IMO that other platforms should aspire to.
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lara
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Post by lara on Jul 19, 2018 10:23:15 GMT
I'm confused if you've left why the need to comment. Personally, I am as interested to hear from people who are leaving a platform as I am to hear from those who are sticking around or increasing their exposure. It is helpful when deciding my own position, which is probably the main reason why I am here. It's a little like reading the negative reviews which often provide as much, if not more insight as the positive ones do.
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robski
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Post by robski on Jul 19, 2018 12:46:22 GMT
Well I left rolling and wont be coming back for the forseeable
I think they applied the whole thing in an underhand way.
Honestly I don't believe the "we have listened" for one second. The rates are now higher than they were before this change of heart, and to me I see that as all they care about.
If they have been burned as it appears they deserved it.
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
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Post by coogaruk on Jul 19, 2018 13:10:54 GMT
I actually agree with the 14 day ban. Perhaps lessen it to 7 days but a ban I'm in agreement with. I also agree there should be a way to stop people rate hopping in Rolling. For me, I don't see much difference between rate hopping and rate setting. nor any real harm in it.
Investing in P2P is all about maximising your returns, isn't it? Maybe I have missed something! The apathetic among us might as well stick with the banks (won't be long now I reckon before it's hard to distinguish between bank/p2p in any case)
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coogaruk
Hello everyone! Anyone remember me?
Posts: 703
Likes: 463
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Post by coogaruk on Jul 19, 2018 13:22:22 GMT
I also received this email (I wonder if was only sent to 7% of us ). Shame we didn't get an equivalent one that lead us into the current situation.
Whilst I welcome this turnaround (which hopefully it is, we will need to check our July statements to confirm though) I can't help feeling the recent changes have inflicted even more real reputational damage, possibly irreparable for some investors.
I have given RS the benefit of the doubt on several occasions over the last couple of years or so:
1) scrapping the 3 year income market
2) wholesale loans debacle
3) subject of this thread
etc. etc.
Once I decide that RS is no longer the product for me, there won't be turning back. Cos I'm stubborn like that. I've not reached that point quite yet (having already done so with FC & Zopa) but have come close a couple of times.
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sussexlender
Member of DD Central
Cheat seeking missile
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Post by sussexlender on Jul 19, 2018 13:50:02 GMT
Still no announcement on the Ratesetter's notice board and no mention of it in the daily P2P News.
No e mail to me either. All very odd.
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ashtondav
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Post by ashtondav on Jul 19, 2018 14:03:28 GMT
Still no announcement on the Ratesetter's notice board and no mention of it in the daily P2P News.
No e mail to me either. All very odd. you only get the email if you've lent on rolling and reinvested at your chosen rate.
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