Post by aju on Dec 8, 2018 12:26:28 GMT
In last few months I have been sending returned money from Invest to the ISA product. Last couple of days I've been doing monthly reconciles and spreadsheet updates on our 4 products (2 each) and therefore in and out od Zopa pages accordingly.
We have been using "relend to ISA" option on our Invest products and over the 2 days I've noticed the build up of funds in core seems to suggest that lending has slowed.
Although I've never seen it happen and there is nothing waiting in New money at present the actual money sitting in matching to borrowers seems to be creeping upwards everytime I look. its not an issue at present as its way of £1999 but if it slowed down much then I might end up with £20 loans instead.
Of course it may just me in there noticing it more as Mrs Aju lent out £130 on 123 loans yesterday, £70 on 7 loans on 6th and 2 today so far. I haven't checked closing loans either perhaps that has increased the levels in our buckets.
Does anyone know whether returned money sent from invest to ISA is classed as NEW money and poked into a different queue to lend that normal returned money. I know that it is reducing my £20000 allowance each time it comes over on a daily basis usually.
We have been using "relend to ISA" option on our Invest products and over the 2 days I've noticed the build up of funds in core seems to suggest that lending has slowed.
Although I've never seen it happen and there is nothing waiting in New money at present the actual money sitting in matching to borrowers seems to be creeping upwards everytime I look. its not an issue at present as its way of £1999 but if it slowed down much then I might end up with £20 loans instead.
Of course it may just me in there noticing it more as Mrs Aju lent out £130 on 123 loans yesterday, £70 on 7 loans on 6th and 2 today so far. I haven't checked closing loans either perhaps that has increased the levels in our buckets.
Does anyone know whether returned money sent from invest to ISA is classed as NEW money and poked into a different queue to lend that normal returned money. I know that it is reducing my £20000 allowance each time it comes over on a daily basis usually.