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Post by RateSetter on Sept 23, 2019 18:57:28 GMT
We would like to invite P2P Forum participants to a Q&A session at RateSetter’s office in London. This will be an opportunity to ask questions to the RateSetter team and provide feedback.
The Q&A session will take place from 2:30pm to 4:00pm on Monday 14th October 2019. Our address is 55 Bishopsgate, London EC2N 3AS. Bank and Liverpool Street underground stations are nearby.
We have room for up to eight attendees at the session. To reserve a place, please send us a personal message via the P2P Forum’s ‘Messages’ facility. Places will be allocated on a first come, first served basis. Please note that we must ask that you provide your name in advance to arrange your visitor pass for our building.
We will post a summary of the session shortly afterwards.
Thank you.
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rscal
Posts: 910
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Post by rscal on Sept 23, 2019 20:48:03 GMT
Hopefully, by October 14th Ratesetter will be in a position to answer all questions about all these changes - which they are ushering in on 3rd October....
(I'm being ironic, of course. It's a shame they couldn't provide clear answers before the rubber meets the road )
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Post by cj on Sept 25, 2019 20:05:34 GMT
We would like to invite P2P Forum participants to a Q&A session at RateSetter’s office in London. This will be an opportunity to ask questions to the RateSetter team and provide feedback. The Q&A session will take place from 2:30pm to 4:00pm on Monday 14th October 2019. Our address is 55 Bishopsgate, London EC2N 3AS. Bank and Liverpool Street underground stations are nearby. We have room for up to eight attendees at the session. To reserve a place, please send us a personal message via the P2P Forum’s ‘ Messages’ facility. Places will be allocated on a first come, first served basis. Please note that we must ask that you provide your name in advance to arrange your visitor pass for our building. We will post a summary of the session shortly afterwards. Thank you. I tried to send a personal message but failed. Can you add me to the Q&A session list?
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Post by RateSetter on Sept 27, 2019 11:54:49 GMT
Hi cj, thanks for your post above. We have sent you a personal message.
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aju
Member of DD Central
Posts: 3,484
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Post by aju on Sept 27, 2019 15:55:31 GMT
Hi cj , thanks for your post above. We have sent you a personal message. I can't make those dates but wondered if this was now over subscribed. Just in case no one asks the question, i'm sure they will can someone ask these questions about recent rate setting changes having removed useful functions. Ques1: Having removed the ability to see the position one is in the lend queue relative to the actual rate are there plans to reinstate this. It is useful to see the rates but its also very useful to see the full amount that the rate selected has before that rate will lend out. Ques2: The new rate adjuster screen seems to detail the current rate position but only if one steps upwards and down again. Are there any plans to allow one to see how much in total is in the queue for a selected rate when one has this set and is just checking. Sadly some of these items were removed recently and some of the changes could be improved slightly. That said i suspect that ratesetter is moving more towards the user not being able to meaningfully set ones own rates. When/if that finally happens perhaps RateSetter will no longer be living up to its true name and it will be time for a re-badged name perhaps.
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Post by propman on Sept 27, 2019 16:23:29 GMT
Hi cj , thanks for your post above. We have sent you a personal message. I can't make those dates but wondered if this was now over subscribed. Just in case no one asks the question, i'm sure they will can someone ask these questions about recent rate setting changes having removed useful functions. Ques1: Having removed the ability to see the position one is in the lend queue relative to the actual rate are there plans to reinstate this. It is useful to see the rates but its also very useful to see the full amount that the rate selected has before that rate will lend out. Ques2: The new rate adjuster screen seems to detail the current rate position but only if one steps upwards and down again. Are there any plans to allow one to see how much in total is in the queue for a selected rate when one has this set and is just checking. Sadly some of these items were removed recently and some of the changes could be improved slightly. That said i suspect that ratesetter is moving more towards the user not being able to meaningfully set ones own rates. When/if that finally happens perhaps RateSetter will no longer be living up to its true name and it will be time for a re-badged name perhaps. 2 people have already posted that they inten d to reinstate the position in queue, I received the same stock response.
It would also be good if someone can ask whether the detail on the loan book performance will be reintroduced, ideally the old schedule of performance for each months lending and some indication of the split by loan term / type.
Thanks
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Sept 27, 2019 17:34:06 GMT
I can't make those dates but wondered if this was now over subscribed. Just in case no one asks the question, i'm sure they will can someone ask these questions about recent rate setting changes having removed useful functions. Ques1: Having removed the ability to see the position one is in the lend queue relative to the actual rate are there plans to reinstate this. It is useful to see the rates but its also very useful to see the full amount that the rate selected has before that rate will lend out. Ques2: The new rate adjuster screen seems to detail the current rate position but only if one steps upwards and down again. Are there any plans to allow one to see how much in total is in the queue for a selected rate when one has this set and is just checking. Sadly some of these items were removed recently and some of the changes could be improved slightly. That said i suspect that ratesetter is moving more towards the user not being able to meaningfully set ones own rates. When/if that finally happens perhaps RateSetter will no longer be living up to its true name and it will be time for a re-badged name perhaps. 2 people have already posted that they inten d to reinstate the position in queue, I received the same stock response.
It would also be good if someone can ask whether the detail on the loan book performance will be reintroduced, ideally the old schedule of performance for each months lending and some indication of the split by loan term / type.
Thanks
I've just read one of those, lets hope the business sticks to its promises then, mind you with all the changes it might just get pushed back by the noise - bit like politics of today - in the uk of course!.
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Sept 28, 2019 12:14:58 GMT
Hi cj , thanks for your post above. We have sent you a personal message. I can't make those dates but wondered if this was now over subscribed. Just in case no one asks the question, i'm sure they will can someone ask these questions about recent rate setting changes having removed useful functions. Ques1: Having removed the ability to see the position one is in the lend queue relative to the actual rate are there plans to reinstate this. It is useful to see the rates but its also very useful to see the full amount that the rate selected has before that rate will lend out. Ques2: The new rate adjuster screen seems to detail the current rate position but only if one steps upwards and down again. Are there any plans to allow one to see how much in total is in the queue for a selected rate when one has this set and is just checking. Sadly some of these items were removed recently and some of the changes could be improved slightly. That said i suspect that ratesetter is moving more towards the user not being able to meaningfully set ones own rates. When/if that finally happens perhaps RateSetter will no longer be living up to its true name and it will be time for a re-badged name perhaps. So it would seem they have fixed my question 2 item as today I can see what total level of money is in front of the rate when viewing existing lend items. All they have to do is tell me my position in my current order rate so I may decide whether to change my rates up/down. I would prefer it if they could do this the old way where I can see the full queue but it's a start I guess. My worry is they will think it answers ques 1 as well but for me its a different issue, I'm guessing they might not do what people think they are suggesting they will re-instate. Another issue is when the rate change list is quite long in that it does not easily fit on my laptop screen unless I reduce the font size using ctrl+MINUS to zoom out to -67% to get the table on screen. I spose i could change my laptop to vertical mode and it might fit better but the keyboard and mousepad are more difficult in this format!
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Sept 29, 2019 12:40:37 GMT
It would appear they may not have actually satisfied my Ques2 suggestion after all as today it seems not to be detailing the queue value until I click either + or - options. Very curiously it would seem to hold the previous entries when I select another order though my orders are both at the same rate though so not sure if its just not clearing values correctly.
Its worse than that in that say you have 2 orders at different rates and you change order 1 and it states the queue even if you cancel this new order (Make no change not closing it) then check other order 2 the queue information is then kept from the previous order this is clearly a case of changes on the fly without any testing or worse thought for any implications.
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Post by propman on Sept 30, 2019 9:43:50 GMT
I thought that it had been decided that clicking on "edit" of an order automatically put that order at the back of the queue for its current rate if you don't change the rate?
If that is the case, then what is shown has been there since the original change as it is the total position of new orders on that rate. What we need is a way of reviewing but not amending old orders that will show how they currently sit in their queues. has anyone seen any way of getting this or is this alert a false dawn?
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Sept 30, 2019 19:03:06 GMT
I thought that it had been decided that clicking on "edit" of an order automatically put that order at the back of the queue for its current rate if you don't change the rate?
If that is the case, then what is shown has been there since the original change as it is the total position of new orders on that rate. What we need is a way of reviewing but not amending old orders that will show how they currently sit in their queues. has anyone seen any way of getting this or is this alert a false dawn? it's probably my bad English you can make as many changes in the screen as you like as long as you don't click the "edit" button on the screen (ie cancel, "X" or click outside the screen to revoke focus) nothing actually changes. What i was trying to say was that the screen leaves any changes in the info showing the current rate position in the queue. Even if the next order you check is in a different rate the rate shown on screen entry remains that in the previous rate check. If you really want to see what i mean wait until you get some funds in and split them into two orders and try it out. Its very confusing to say the least.
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Post by RateSetter on Oct 7, 2019 15:57:33 GMT
A reminder that we are holding a Q&A session next week, 2:30pm to 4:00pm on Monday 14th October 2019 at RateSetter’s office in London.
There are still places available, so if you'd like to attend please send us a personal message via the ‘Messages’ facility (places allocated on a first come, first served basis).
Thank you.
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aju
Member of DD Central
Posts: 3,484
Likes: 917
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Post by aju on Oct 7, 2019 17:04:58 GMT
A reminder that we are holding a Q&A session next week, 2:30pm to 4:00pm on Monday 14th October 2019 at RateSetter’s office in London. There are still places available, so if you'd like to attend please send us a personal message via the ‘Messages’ facility (places allocated on a first come, first served basis). Thank you. RateSetter , Interesting there are still places left perhaps this forum is the wrong place to advertise. I live in wiltshire so would cost quite a bit even if I was available that day. If RS stopped reducing interest rates then I might have spare to come to a jolly jaunt like this. Mind you Mrs Aju is in London more regularly than me I'd offer it to her but to be frank she's not that interested in making RS a better place like some of us on here are but Thanks anyway. I would say though that the new Market Rates / Going Rate Screen cold be better laid out and put all relevant rates on a single screen would work on my PC screen for me. Might make the layout on a tablet even harder to read though. Also be nice if the rate trends screen data field populated again sometime soon but I guess the team are more interested in the new stuff than fixing the existing stuff that I would point out used to work.
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jlend
Member of DD Central
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Post by jlend on Oct 7, 2019 17:42:35 GMT
A reminder that we are holding a Q&A session next week, 2:30pm to 4:00pm on Monday 14th October 2019 at RateSetter’s office in London. There are still places available, so if you'd like to attend please send us a personal message via the ‘Messages’ facility (places allocated on a first come, first served basis). Thank you. It is probably difficult for lenders who even work in London to attend due to the timing of the event. You may have more luck if it was early evening
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Post by Ace on Oct 7, 2019 19:05:38 GMT
It's a bit shocking that there are still places on an event that can only take 8 attendees.
Perhaps people just can't be bothered and will vote with their feet instead (or should that be fingers?).
RS is my 2nd worse performing platform out of 28 behind FC (though Lendy will probably overtake them both when losses crystallize). I did think it must be my poor rate selection given how many RS fans there are, so tried to lend again a while back and be a little more patient for higher rates. It didn't work. The recent changes convince me that rates will be even lower in future, although the PF might be somewhat strengthened from its precarious position.
All things considered it's just not worth the effort for me. I'm back to passively withdrawing.
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