ramblin rose
Member of DD Central
“Some people grumble that roses have thorns; I am grateful that thorns have roses.” — Alphonse Karr
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Post by ramblin rose on Sept 9, 2016 18:10:18 GMT
Yes, I've already asked for that .. being around at 4pm (for 90 seconds) is a PITA. However I'd like an upgrade on the SS 'answer' .. i.e. I'd like to bid IF and only IF I have adequate funds (not an issue on MT since there is no INPL, but a PITA on SS), I'd like to be able to queue for SM parts too (no not nanopence like AC .. allocate £10 at a time or something, random is fine by me), and be able to set some 'fire and forget' type criteria ('stick £x into all loans of 12% or more, or 'all loans with AE prefix' or whatever). Nor do I really want a 'black box' like ACs GEIA or GBBA where it's major hassle to figure out what, if anything, you actually own. P2P is supposed to be investment, not an all-consuming activity, requiring daily tending. I mean I have no problem with that as an option, if people want to spend their time that way, but you're never going to reach the mass of the population (even if FFF would scale to cope with it) on that basis. Of course, there's always the 'email Ed and ask him to put a bid in for you, because you are out of town' approach, but I doubt that scales well either. 8>. I can see why you ask for these things. I'm actually really happy with the SS solution because I'm not in and 'adding' mode, so if there are loans I wish to recycle I put in a pre-bid on a new one and after allocation sell down as much as I need to the exact amount, and it all keeps me full invested all the time. If I don't want any involvement for a while I don't pre-bid. It keeps my involvement minimal and straight forward. However, back to MT - as long as the solution would cater for my similar 'non-adding-to-account' situation here at MT then I'd be happy with pretty much anything. So, at the moment, whatever I've got in by way of interest, repayments or SM sales proceeds by the time a loan goes live that I want and am around for, if it's less than the maxmum bid I chuck that in, else the max bid goes in. It keeps me pretty much fully invested most of the time. I wouldn't want a situation where I had to pre-bid a certain amount - I just want to use all of what I have available at that moment. I think, if I've understood it, what you are suggesting caters for that - pre-bid a maximum amount and only as much as you had available or the max bid amount gets allocated. Sounds reasonable, as long as there is some sensible min bid allocation that you could set if you wanted to avoid shrapnel; that inevitably leads to some people getting none of course, but I guess that's true at the moment with people who can't be there, so perhaps shouldn't be too contentious.
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Investboy
Member of DD Central
Trying to recover from P2P revolution
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Post by Investboy on Sept 15, 2016 8:56:35 GMT
Would like to be able to sort by avaliability and start date so I can see what people are sticking up around launches as well as watching the launch PS Youve posted in a staff only thread - clue is in the big letters at the top I would say oops! but looking at the original post from MoneyThing it says ' This thread has been created for lenders in order to request/discuss/notify of any bugs/enhancements/features with regards to the MT platform.' How can we request/discuss/notify of any bugs/enchancments/features if it's a staff only thread? wickedxuk : I think I can help here because MoneyThing created this thread after my request. Firstly look at the second line: I will maintain a summary below with a unique number assigned to each item so as to keep a track (working in a similar way to the 'Pipeline' thread).Long story short we already have a thread for requesting features which is long full of duplicates. So my suggestion was to have a thread that would simulate issue tracker. Every sensible request would get a number and have a status. So we'd all know what is in the development pipeline. Unfortunately it never happened and this thread was empty for long time. But I guess now it turned into "web suggestions 2" thread which tbh I don't like as now we have 2 threads for the same thing. So if MoneyThing will not keep his word (too busy) and maintain a summary of incoming development features here then there is no point of this thread and its current content could me moved to web suggestions thread
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arbster
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Post by arbster on Sept 30, 2016 8:14:06 GMT
I'm hoping this is the right thread for this, MoneyThing ? I'm not sure if this is a bug or an enhancement request, but it relates to partial sales on of loan parts. When looking at the My Live Loans tab it's possible to check the "Show sold loan parts" box to, er, show sold loan parts. However, if you have sold part of your holding in a loan, it shows only the current holding of that loan, and does not reflect the part you have sold. It would be reassuring if this could somehow be reflected in the report too, either as another line for the same loan with the "Action" column showing "-", as it does for whole sold parts, or in some other way of your choosing. The calculation of "Interest expected" should reflect the date of sale, too.
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Homer
New Member
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Post by Homer on Oct 4, 2016 16:11:11 GMT
My wife tried unsuccessfully to invest in the remainder of loans FP552 etc. at 4pm today. All the tranches associated were consumed within just a few seconds. This isn't the first time its happened and I'm sure we're not alone in being frustrated. One person, or a very few, can hoover-up any remaining loan. The limit per investor in the first 24 hours is a good idea, I'd like to suggest for those loans which don't sell-out in the first 24 hours, that you could apply a similar (although perhaps slightly larger limit per investor) for those of us who want more than the initial limit. It will make the investment process on MoneyThing a little less like an internet 'game'.
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james
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Post by james on Oct 19, 2016 22:39:14 GMT
Please consider stripping commas from amounts in the deposit notification page when the number also contains a full stop. Not without a full stop because comma is used elsewhere as a delimiter between full Euros and cents so with no full stop it might accidentally accept a wrong amount in that format.
Happened to run into this when I copied and pasted an odd amount from an online banking screen. Easy for a human to fix but also easy enough to clean up the input.
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boundah
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Post by boundah on Nov 17, 2016 11:33:17 GMT
At the moment I have loans to 5/6 properties split across a few dozen tranches and bits of shrapnel. Would it be possible to give sub-totals lent against each property, and the total lent, on the 'my loans' page? It would be handy to be able to see at a glance how exposed I am to a specific asset without having to download and sort using Excel each time.
PS: it may already be possible to do this, but if so I haven't yet found out how...
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archie
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Post by archie on Nov 17, 2016 12:08:55 GMT
At the moment I have loans to 5/6 properties split across a few dozen tranches and bits of shrapnel. Would it be possible to give sub-totals lent against each property, and the total lent, on the 'my loans' page? It would be handy to be able to see at a glance how exposed I am to a specific asset without having to download and sort using Excel each time. PS: it may already be possible to do this, but if so I haven't yet found out how... I'd like that too and a summary for each letter prefix if possible. At the moment the easier way is to view the loans page instead, sort on the 'Invested' column.
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DeafEater
Member of DD Central
Extremely Moderate
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Post by DeafEater on Nov 17, 2016 13:15:50 GMT
At the moment I have loans to 5/6 properties split across a few dozen tranches and bits of shrapnel. Would it be possible to give sub-totals lent against each property, and the total lent, on the 'my loans' page? It would be handy to be able to see at a glance how exposed I am to a specific asset without having to download and sort using Excel each time. PS: it may already be possible to do this, but if so I haven't yet found out how... I'd like that too and a summary for each letter prefix if possible. At the moment the easier way is to view the loans page instead, sort on the 'Invested' column. Yes I like the archie revision to the request. The fact that different tranches of the same loan have different identifiers makes it really tedious trying to work out how much you're exposed to any given asset but knowing how much I'm exposed to a particular borrower is also difficult because MT isn't consistent about the number of characters at the front of the loan identifier that identify the borrower. I'm hoping/assuming that in the database backend there are formal links for all of these things so it ought to be relatively easy to add the facility to the website UI for us to analyse our loans properly.
At the moment I have an Access database with tables for all of the different entities involved in the set-up of a loan and I painstakingly enter all the details but it seems a bit daft having to do all this work considering everyone needs to know this stuff to ensure they're reasonably diversified.
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Post by GSV3MIaC on Nov 17, 2016 14:34:49 GMT
Yes, me too. Right now I have an excel spreadsheet which attempts to add it up by loan number (hence accumulate the fragments **), then by asset (so all the XYZ hotel tranches, the 12-60 month bits of restaurants, etc), and finally by 'company' or 'introducer' or 'partner' or whatever you want to call it (a tougher job, which requires some manually input keys).
** this one you can do on the website by looking at 'loans' rather than 'my loans' (which is actually 'my pieces')
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stevio
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Post by stevio on Nov 24, 2016 22:00:09 GMT
MoneyThing asked for this before and you agreed not a bad idea - could there be a thread for updates to progress of loans midway through, just the long term ones - you can lump them together one thread, so know where find - doesn't have to be rigourous intervals, any update at all is better than your competition and would help SM, also primary market if people confident mid loan update some point
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Post by MoneyThing on Nov 25, 2016 9:22:06 GMT
MoneyThing asked for this before and you agreed not a bad idea - could there be a thread for updates to progress of loans midway through, just the long term ones - you can lump them together one thread, so know where find - doesn't have to be rigourous intervals, any update at all is better than your competition and would help SM, also primary market if people confident mid loan update some point Morning stevio, Yep - this one is at the top of the list for development. The plan is to have an icon on the loans table which will 'illuminate' when there is an unread update against a loan. Pressing this will show the update against the relevant loan, in addition there will be a separate page which shows all the updates/notifications in one area. Once read, the icon will no longer illuminate (or disappear depending on how we design it). I appreciate this has been on the list for a little while, however we have been led down a bit of tangent in terms of redeveloping the platform from a legal perspective which has now transpired to be unnecessary. As such we will be able to pick this up again shortly. Kind regards, Ed
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james
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Post by james on Dec 6, 2016 22:31:21 GMT
When someone invests in a loan via renewing, please consider setting the renew flag on the replacement loan as well. Removes the chance of missing doing it for those of us who normally want to stay invested unless we make a deliberate choice to do something else. Not hard to check or uncheck, just that those renewing are more likely to want low maintenance and it's usually easier to get out of an unintentional renewal than to get in to a missed one at present.
Renew checkboxes for loans that haven't got a renew or not indication yet and including them in the set on automatically would also be useful. When I think of something like the posters that would be useful since intention is unlikely to change if the terms remain the same. Less likely to be appropriate for say a property development loan where there is a clear exit plan so maybe best to distinguish a bit between different loan types.
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SteveT
Member of DD Central
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Post by SteveT on Dec 7, 2016 7:40:38 GMT
When someone invests in a loan via renewing, please consider setting the renew flag on the replacement loan as well. This is what happens already.
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james
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Post by james on Dec 7, 2016 7:49:00 GMT
When someone invests in a loan via renewing, please consider setting the renew flag on the replacement loan as well. This is what happens already. Might perhaps be because I bought the loans concerned and thought I'd renewed them all instead of some. Since it's done already that's one easy request to fulfill.
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Post by GSV3MIaC on Dec 9, 2016 19:20:08 GMT
/mod hat off Season's greeting MoneyThing (s) .. I've probably asked before, but I'll mention it again .. I'd really like to have a loan Identifier which lets me, at a glance decide if two loans are against the same asset (multiple tranches, sometimes multiple advances EACH in multiple tranches, like certain restaurants, etc) AS WELL as whether loans are to the same company/individual, but nominally separate assets (eg the AE loans). Right now the 2,3, or 4 letter loan tag/code does the latter, but looking at the BPF loans there is no simple way to figure out that 600 and 584 are the same thing ('xth drawdown'), whereas 571 and 587 are similarly related (in this case Xth Advance, rather than 'drawdown', but WTH ..), but are not related to the first set (except they are all BPFs), and then there is 566/567 which are Tranche XYZ of additional advance N, but still against the same property (for extra brownie points find the other parts of this loan in a hurry .. no, faster than that please!!). Would be fairly easy to fix a lot of them by using BPFaaNNN, BPFbbNNN etc, where aa bb etc are unique to each asset .. I could then stop trying to decode Tranche X of Drawdown Y of Further advance Z to see if I already own a whole wing of the hotel or not (i.e. my spreadsheet could add it up properly).
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