littleoldlady
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Post by littleoldlady on Dec 18, 2015 18:17:21 GMT
For loans under £1million, we are going to be allocating funding from the bottom upwards as some of these loans are more than ten times oversubscribed.
What does this mean?
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SteveT
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Post by SteveT on Dec 18, 2015 18:34:52 GMT
For loans under £1million, we are going to be allocating funding from the bottom upwards as some of these loans are more than ten times oversubscribed.What does this mean? Everyone with a pre-fund target should be allocated the same amount unless they asked for less, in which case they'll get their requested figure.
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littleoldlady
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Post by littleoldlady on Dec 18, 2015 18:37:40 GMT
So what should I pre-fund if I actually want £x?
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t
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Post by t on Dec 18, 2015 18:40:02 GMT
Agree stevet
so now we have to ask for less than we want to get anything haha
i need sugar hit
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Post by GSV3MIaC on Dec 18, 2015 18:40:10 GMT
So what should I pre-fund if I actually want £x? £x
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Post by GSV3MIaC on Dec 18, 2015 18:44:54 GMT
For loans under £1million, we are going to be allocating funding from the bottom upwards as some of these loans are more than ten times oversubscribed.What does this mean? Where did this appear, by the way .. I have yet to see it on their website .. or anywhere else ..
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littleoldlady
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Post by littleoldlady on Dec 18, 2015 18:45:51 GMT
For loans under £1million, we are going to be allocating funding from the bottom upwards as some of these loans are more than ten times oversubscribed.What does this mean? Where did this appear, by the way .. I have yet to see it on their website .. or anywhere else .. On their Christmas email
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t
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Post by t on Dec 18, 2015 20:35:16 GMT
Where did this appear, by the way .. I have yet to see it on their website .. or anywhere else .. On their Christmas email Email happy Xmas
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j
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Post by j on Dec 18, 2015 20:45:15 GMT
Will wait to see how well the new system works in practice& reserve comment/judgement till then. At least savingstream are listening & trying to come up with a solution to satisfy as many varied appetites as possible, which is commendable |
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unmadem
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Post by unmadem on Dec 18, 2015 20:57:40 GMT
Will wait to see how well the new system works in practice& reserve comment/judgement till then. At least savingstream are listening & trying to come up with a solution to satisfy as many varied appetites as possible, which is commendable If I remember correctly it was what they said they were going to do in the first place, even had a nice picture to show it. Then at the last minute on the first one they did something different. Quite a few people on here pointed out what would happen, they were ignored ............ but yeah good to change when things can be improved, whatever the route to enlightenment 
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mikes1531
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Post by mikes1531 on Dec 18, 2015 21:23:05 GMT
Where did this appear, by the way .. I have yet to see it on their website .. or anywhere else .. On their Christmas email I don't seem to have received that email. When was it sent? Does it contain 'sensitive' info? If not, could someone who did receive it be so kind as to post the content here in the forum?
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ablender
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Post by ablender on Dec 18, 2015 21:26:11 GMT
The subject is "Christmas update". I received it today at 15:08. It contains all the updates for the various loans which you can catch up on the usual Loan Update thread. Also contains the information discussed here.
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Post by GSV3MIaC on Dec 18, 2015 21:29:44 GMT
Nope, I didn't get it either, nor is it in my spam folders .. I wonder if their email list is maybe out of date?
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johnfleet
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Post by johnfleet on Dec 18, 2015 21:32:01 GMT
There was a general email entitled 'Christmas update'' sent out earlier this afternoon (mine arrived at 3.08 pm in one account and 3.35 pm in the other). If you've not received it after checking your spam folder it's probably worth giving them an email. There were problems with Blueyonder accounts rejecting SS emails a couple of months ago, but that seems to have been sorted by now.
the relevant prefunding info stated:
PREFUNDING AMENDMENTS
For loans under £1million, we are going to be allocating funding from the bottom upwards as some of these loans are more than ten times oversubscribed. This will prevent the ‘gaming’ that is taking place at the moment. We have also set new prefunding limits, based on the sum of your portfolio, plus cash on account.
then an update on the status of Pipeline and Live loans....
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adrianc
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Post by adrianc on Dec 18, 2015 23:14:14 GMT
How's this going to work?
If there's enough, everybody who asks for £100 gets £100, else it's spread between them.
If there's anything left, it's spread between those who ask for £200.
If there's anything left, it's spread between those who ask for £300...
Everybody who asks for more gets nowt?
This is going to be fun...
And we don't have to wait long to find out, either - 74's a tiddler-in-waiting.
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