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Post by alexp2p on Apr 26, 2019 8:53:48 GMT
Anybody an idea about the Ipswich loan?
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rs
Member of DD Central
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Post by rs on Apr 26, 2019 9:34:32 GMT
Anybody an idea about the Ipswich loan? Very high risk. Do not invest so hopefully i'll get a slice of it.
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Post by alexp2p on Apr 26, 2019 9:39:43 GMT
Is this ironic?
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rs
Member of DD Central
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Post by rs on Apr 26, 2019 9:49:49 GMT
I suppose it's similar to Trump's fake news.
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Ipswich
Apr 26, 2019 11:06:05 GMT
via mobile
Post by ajf1985x on Apr 26, 2019 11:06:05 GMT
Less than 4minutes to fill... managed to get some tranche B although I was ideally wanting tranche A.
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ant1
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Post by ant1 on Apr 26, 2019 11:17:51 GMT
The Proplend website still as unreliable as ever when there is heavy traffic. I was logged in ready to invest and then at 12.00 got a message informing me to log in again!! Then when I got back onto the site there was still availability but three attempts all resulted in the same "error, we cannot process your request - please contact the administrator".
Proplend have known about this problem for long enough but still seem to have done nothing to resolve it.
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Post by Ace on Apr 26, 2019 11:23:39 GMT
Same here, but I did manage to get a slice of tranche b.
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kaya
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Post by kaya on Apr 26, 2019 11:34:27 GMT
I will soon be forced to give up trying to invest here any more. Waste of time, yet again. Withdrawing yet again, after selling in an attempt to reinvest.
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sapphire
Member of DD Central
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Post by sapphire on Apr 26, 2019 11:45:22 GMT
The Proplend website still as unreliable as ever when there is heavy traffic. I was logged in ready to invest and then at 12.00 got a message informing me to log in again!! Then when I got back onto the site there was still availability but three attempts all resulted in the same "error, we cannot process your request - please contact the administrator". Proplend have known about this problem for long enough but still seem to have done nothing to resolve it. proplend , Is this issue currently being looked into? Any idea when this is expected to be fixed? I too had a similar experience today. I had logged in only a couple of minutes before noon, so being asked to log in again after the loan went live wasn't due to a timeout following a period of idle time. When I logged in again, I too then received the message ""error, we cannot process your request - please contact the administrator".
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dh1
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Post by dh1 on Apr 26, 2019 13:24:56 GMT
The response I've just got from proplend is: "... I'm sure you're aware of the problems a smaller loan causes especially one with such high returns when demand clearly outstrips supply. ...". So the fault - which is actually with the IT infrastructure - isn't with Proplend it's with (potential) lenders. With that sort of attitude, I suspect that a fair few people will simply head for the exit as I'm about to. Interesting that other p2p platforms have come across similar problems and been able to deal with them whilst retaining lenders...
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rs
Member of DD Central
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Post by rs on Apr 26, 2019 13:46:12 GMT
The response I've just got from proplend is: "... I'm sure you're aware of the problems a smaller loan causes especially one with such high returns when demand clearly outstrips supply. ...". So the fault - which is actually with the IT infrastructure - isn't with Proplend it's with (potential) lenders. With that sort of attitude, I suspect that a fair few people will simply head for the exit as I'm about to. Interesting that other p2p platforms have come across similar problems and been able to deal with them whilst retaining lenders... That's good news for the rest of us as we'll have more chance to get a slice of the loans next time. I only got tranche A as used auto lend.
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liso
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Post by liso on Apr 26, 2019 14:15:44 GMT
I used auto-lend today for a piece of tranche A, and have given up trying for other tranches because of repeated experiences of being "logged out", "error messages" etc.
Very frustrating, but as long as demand outstrips supply to the extent that it appears to, there is no incentive for PL to fix the problem.
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Post by proplend on Apr 26, 2019 18:41:12 GMT
The response I've just got from proplend is: "... I'm sure you're aware of the problems a smaller loan causes especially one with such high returns when demand clearly outstrips supply. ...". So the fault - which is actually with the IT infrastructure - isn't with Proplend it's with (potential) lenders. With that sort of attitude, I suspect that a fair few people will simply head for the exit as I'm about to. Interesting that other p2p platforms have come across similar problems and been able to deal with them whilst retaining lenders... Good evening It's disappointing when our responses to direct questions get shared out of context on a public forum - particularly where those responses are not shared in full. We'd urge all Lenders not to do this. We are continually looking to improve the platform and your feedback is valued and taken on board. But as my colleague alluded to in his response, this really was a very popular small loan with unprecedented levels of demand. Acknowledging and apologising for the problems some Lenders experienced logging in today, the loan was fully funded within a couple of minutes - ironically if there had been more Lenders on the platform, it would have gone even quicker. Today's loan was actually the first time that we've had Tranche A completely filled by Auto-Lenders and our token queuing system meant the loan was split between almost as many Lenders as it possibly could be.We are in no way trying to blame our Lenders - who we value greatly. We were merely communicating that for certain loans, demand can far outweigh supply. And this inevitably means some Lenders will miss out. An obvious solution would be to automate all investments and allocations and we don't believe that this is something the majority of our Lenders would welcome. We ask for your patience as we continue to look into equitable solutions for oversubscribed loans. Thank you
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dh1
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Post by dh1 on Apr 26, 2019 20:03:44 GMT
proplend - I share your disappointment but in my case it's with your response which neatly misses the points I made. Secondly, I think a thrust of what you are saying is that you don't want lenders to disclose on this forum or elsewhere your responses to "direct questions". Interesting take!
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Post by Ace on Apr 26, 2019 21:22:12 GMT
... An obvious solution would be to automate all investments and allocations and we don't believe that this is something the majority of our Lenders would welcome. We ask for your patience as we continue to look into equitable solutions for oversubscribed loans. Thank you I would personally welcome a separate auto-bidding system for each tranche. Perhaps it's worth polling your lenders to see how popular this would be.
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