ianj
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Post by ianj on Jul 12, 2016 10:39:24 GMT
Same old same old still on these loans. One person has to grab at least half of each one straight away. Too right; then not satisfied with taking £400 of £700, still comes back for another £50 . Not sure how this greedy bas*ard has both the inconsideration and the physical ability to do this. He does it because he can! After failures with the first three loans I would of put everything on the last if I'd been fast enough!
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n
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Yet another Nick
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Post by n on Jul 12, 2016 10:46:04 GMT
Too right; then not satisfied with taking £400 of £700, still comes back for another £50 . Not sure how this greedy bas*ard has both the inconsideration and the physical ability to do this. He does it because he can! After failures with the first three loans I would of put everything on the last if I'd been fast enough! Perhaps he is generously stress testing the platform to expose any flaws earlier rather than later. (Or perhaps not!). Not me BTW.
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stevio
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Post by stevio on Jul 12, 2016 10:49:21 GMT
STILL NO BID LIMITS - PLEASE IMPLEMENT ASAP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
ALSO CAN WE HAVE PIPELINE LOANS PAGE THAT GIVES INDICATION OF WHEN LAUNCHING LOANS
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jonno
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nil satis nisi optimum
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Post by jonno on Jul 12, 2016 10:53:23 GMT
Too right; then not satisfied with taking £400 of £700, still comes back for another £50 . Not sure how this greedy bas*ard has both the inconsideration and the physical ability to do this. He does it because he can! After failures with the first three loans I would of put everything on the last if I'd been fast enough! But that is precisely my point. They had already taken huge chunks of those previous three loans. And clearly you're as inconsiderate as them.
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archie
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Post by archie on Jul 12, 2016 10:55:44 GMT
STILL NO BID LIMITS - PLEASE IMPLEMENT ASAP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ALSO CAN WE HAVE PIPELINE LOANS PAGE THAT GIVES INDICATION OF WHEN LAUNCHING LOANS Just to add : 11am is when FS launch their loans, I would suggest 10am is better.
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n
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Yet another Nick
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Post by n on Jul 12, 2016 11:01:48 GMT
STILL NO BID LIMITS - PLEASE IMPLEMENT ASAP !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ALSO CAN WE HAVE PIPELINE LOANS PAGE THAT GIVES INDICATION OF WHEN LAUNCHING LOANS Just to add : 11am is when FS launch their loans, I would suggest 10am is better. 11am today, but not a rule. It is at various different times, and it is never at exactly the time they say.
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archie
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Post by archie on Jul 12, 2016 11:07:48 GMT
Just to add : 11am is when FS launch their loans, I would suggest 10am is better. 11am today, but not a rule. It is at various different times, and it is never at exactly the time they say. Yes, usually nearer 10am, I'd prefer a fixed time. Grouping the loans would be better too (with bid limit) as these loans are rather small.
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ianj
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Post by ianj on Jul 12, 2016 11:24:44 GMT
He does it because he can! After failures with the first three loans I would of put everything on the last if I'd been fast enough! But that is precisely my point. They had already taken huge chunks of those previous three loans. And clearly you're as inconsiderate as them. I was agreeing with you! The intention was to add emphasis, and to illustrate the frustration that can be caused by the lack of bidding limits.
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jonno
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nil satis nisi optimum
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Post by jonno on Jul 12, 2016 11:30:17 GMT
But that is precisely my point. They had already taken huge chunks of those previous three loans. And clearly you're as inconsiderate as them. I was agreeing with you! The intention was to add emphasis, and to illustrate the frustration that can be caused by the lack of bidding limits. Sorry ianj . I was still having a head implosion at the greedy and short termist behaviour of "our friend". Even the dog went into hiding Apols again.
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jonno
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Post by jonno on Jul 12, 2016 14:10:57 GMT
When Collateral first became apparent on this fora, I will admit that I signed up and instantly hoovered-up sometimes up to 50% of their loan availabilities. The other 20-50% would often sit there for days, if not weeks on occasion. Does that make me a ' greedy b*stard', or a opportunist? Would others confidence have grown enough to take a chance on the platform if loan availabilities had remained stagnent for days/weeks? In fact, would Collateral themselves have still seen this as a viable business venture if very little of what they put on offer was finding a home? Whilst I agree that it is frustrating having no bid limits in place now that the platform has more willing members, people should be blaming the game, not the player. As has been remarked upon in the past, Collateral's development is outsourced, not in-house, so it's equitable to give them a little time to sort this issue out, but it does need sorting, and soon. I hasten to add that I personally have not bought into any new loans in the past month or so, so if anyone is looking for a scapegoat... Only you can answer your question. But I would suggest that if an individual's behaviour makes it more or less impossible for any one else to obtain a reasonable share of a loan (and it is clear from looking at the purchases that most are relatively small investors), then on balance they probably satisfy the G.B. test.
I seem to remember that in MoneyThing's early days they suffered from a similar problem. Prior to them developing the limit function, Ed implemented a more "informal" system, whereby when a loan notification was issued it contained a polite but firm request to investors to limit their bids to x%. Gordon, would this be worth a try?
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Post by Deleted on Jul 12, 2016 18:27:43 GMT
Yikes! Having read through one can only conclude that the 'pre flight checks' have been woefully under represented by those grasping at the controls of the Portal and then perhaps just maybe for sure this old adage applies: Proper Preparation Prevents Pretty Poor Performance .
Occupying a club class seat in an aircraft flown by a Crew that have done all their 'pre-flight checks', tested the systems as working prior to take off appeals to me a tad more than the 'teething problems' I've been reading about here.
Good luck.
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littleoldlady
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Running down all platforms due to age
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Post by littleoldlady on Jul 12, 2016 21:43:50 GMT
That's a bit harsh IMO. The problems they are having are due to their success - better these than the alternative.
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Post by Collateral Rep on Jul 13, 2016 6:51:28 GMT
Morning to you all, Well there's not much we can say regarding some of the critical comments..... other than we apologies for the delay in implementing the requested edits. We may well have misjudged the level of business we were going to do and some of the required features were not set as priority and implemented as quickly as they should have been. As I think we have shown so far, we are happy to receive constructive criticism and suggestions on how to improve our platform and we will continue to improve on the system features based on feedback and demand. The key edits we are currently working on are; - Bid limits
- Auto re-invest tick boxes
- Show investors investments
- Along with others
Many thanks, Gordon
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jonno
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Post by jonno on Jul 13, 2016 8:09:57 GMT
Morning Gordon; I for one have not intended to aim negative criticism at yourselves and I wouldn't take things too much to heart. It's just that many of us have been here before with other platforms and we're trying to help you to avoid some of the mistakes made elsewhere; after all, if we didn't care we simply wouldn't bother. I believe in the platform and have invested quite heavily to date and have been very impressed with your level of comms on this forum. Obviously the quicker you can implement the mods the better, but I for one will continue to support you.
Oh yes, and I promise never to mention/moan about limits ever again
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Post by Collateral Rep on Jul 13, 2016 8:13:33 GMT
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