tomp
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Post by tomp on Jun 14, 2019 9:52:29 GMT
I have so far used funds already in my account. I have not tried it yet, but I see you can commit, as long as funds arrive within 2 hours. What happens if you commit & fund, at say 17.00, & funds are not processed until the following day ? I have tried it last night at 18:40. I have picked something up from the secondary market and transferred money straight after but there were not credited to e-wallet until 10:00 am today. I got the loan part I asked for. So it looks like it is a manual process and as long as your money reach them before they process your request you should be OK. I have once tried it during the day and it only took few minutes.
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criston
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Post by criston on Jun 18, 2019 17:31:58 GMT
Why do various previously sold out new loans keep reappearing ?
I know auto bid has something to do with it, but surely that is time restricted as previously mentioned.
Onion farm must be bringing tears to investors eyes, after apparently being fully invested twice & then it reappears.
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Greenwood2
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Post by Greenwood2 on Jun 18, 2019 19:34:41 GMT
Did you read the other thread?
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criston
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Post by criston on Jun 18, 2019 20:13:25 GMT
What I am trying to find out is; is this a recent occurrence or has it always happened.
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iRobot
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Post by iRobot on Jun 18, 2019 21:07:16 GMT
What I am trying to find out is; is this a recent occurrence or has it always happened. Been with BC coming up four years and certainly not the first time I've seen it, but it's infrequent enough that I can't remember the last time I noticed it.
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criston
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Post by criston on Jun 20, 2019 15:22:57 GMT
What I am trying to find out is; is this a recent occurrence or has it always happened. Been with BC coming up four years and certainly not the first time I've seen it, but it's infrequent enough that I can't remember the last time I noticed it. Upon querying this point with BC, they replied that they are 'releasing their own capital in loans in order to invest in other new loans'. 'Wood End House' is back to 30% available, which seems over the top though.
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Greenwood2
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Post by Greenwood2 on Jun 20, 2019 16:17:21 GMT
Been with BC coming up four years and certainly not the first time I've seen it, but it's infrequent enough that I can't remember the last time I noticed it. Upon querying this point with BC, they replied that they are 'releasing their own capital in loans in order to invest in other new loans'. 'Wood End House' is back to 30% available, which seems over the top though. Why over the top?
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criston
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Post by criston on Jun 20, 2019 16:20:52 GMT
Upon querying this point with BC, they replied that they are 'releasing their own capital in loans in order to invest in other new loans'. 'Wood End House' is back to 30% available, which seems over the top though. Why over the top? The implication that BC had over 30% of the loan themselves.
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Greenwood2
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Post by Greenwood2 on Jun 20, 2019 17:16:34 GMT
The implication that BC had over 30% of the loan themselves. Initially BC have 100% of the loans themselves.
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criston
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Post by criston on Jun 20, 2019 17:25:18 GMT
The implication that BC had over 30% of the loan themselves. Initially BC have 100% of the loans themselves. And all of them went to small investors & BC to the point where none were left, twice. What is being suggested is they held on to more than 30%, as they always invest themselves, and have now decided to release 30% back to investors
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Greenwood2
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Post by Greenwood2 on Jun 20, 2019 17:50:14 GMT
Initially BC have 100% of the loans themselves. And all of them went to small investors & BC to the point where none were left, twice. What is being suggested is they held on to more than 30%, as they always invest themselves, and have now decided to release 30% back to investors BC take the whole loan then release some percentage to lenders (not 100%), which was taken up, then some more was released to lenders as BC reduced their stake. What's the problem? Edit: You do realise that BC is not P2P, we are lending to BC.
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criston
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Post by criston on Jun 20, 2019 18:08:54 GMT
And all of them went to small investors & BC to the point where none were left, twice. What is being suggested is they held on to more than 30%, as they always invest themselves, and have now decided to release 30% back to investors BC take the whole loan then release some percentage to lenders (not 100%), which was taken up, then some more was released to lenders as BC reduced their stake. What's the problem? Edit: You do realise that BC is not P2P, we are lending to BC. Thank you for making it clear at last. I was unaware that was how it worked.
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criston
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Post by criston on Jun 20, 2019 18:59:32 GMT
Greenwood2; Are all BC loans issued in partial offerings or are some offered at 100% in one go.
I am asking this in case I miss a loan & wish to invest in another offering when it arrives.
Also how is it possible to know, what the total offering in percentage terms add up to after several offerings, to know if any more will be made available, if it has not yet reached 100%. Is there figures shown on each loan somewhere. That is without having to constantly watch each offer as it appears.
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Greenwood2
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Post by Greenwood2 on Jun 20, 2019 19:29:10 GMT
Greenwood2; Are all BC loans issued in partial offerings or are some offered at 100% in one go. I am asking this in case I miss a loan & wish to invest in another offering when it arrives. Also how is it possible to know, what the total offering in percentage terms add up to after several offerings, to know if any more will be made available, if it has not yet reached 100%. Is there figures shown on each loan somewhere. That is without having to constantly watch each offer as it appears. I think 100% offering in one go is unlikely (I think BC like to keep a share), but really have no idea. This is not a democracy, BC do what BC do. Works for me so far. Edit: I would not rely on a second bite at a loan on the PM, although it seems to be more possible recently.
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criston
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Post by criston on Jun 20, 2019 21:23:21 GMT
Greenwood2; Are all BC loans issued in partial offerings or are some offered at 100% in one go. I am asking this in case I miss a loan & wish to invest in another offering when it arrives. Also how is it possible to know, what the total offering in percentage terms add up to after several offerings, to know if any more will be made available, if it has not yet reached 100%. Is there figures shown on each loan somewhere. That is without having to constantly watch each offer as it appears. I think 100% offering in one go is unlikely (I think BC like to keep a share), but really have no idea. This is not a democracy, BC do what BC do. Works for me so far. Edit: I would not rely on a second bite at a loan on the PM, although it seems to be more possible recently. I am fully understanding it now. It appears it is impossible to know how much of the total loan will eventually be offered; and how many times it will have a partial offering.
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