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Post by lionelrichtea on Oct 22, 2016 18:36:44 GMT
LendingCrowd seem to have changed the Current Investments page back to how it used to look. Now you have to click the '+' to the left of each individual loan to view the outstanding principal etc. Surely it would be much better for investors to have all this information in one, easy to view table, as other platforms do. I would really like to see the number of remaining payments without having to click 'Manage' on each individual loan.
Agree with the second half of the post, but I can still see the dumbed-down revised version; in the old version some numeric details were displayed, and the only thing the + did was display loan status, and LC inferred that it was hard-coded to live! Are you getting confused by the example listing shown on the blog post , which actually showed much more useful information - when I asked why it was all missing from the released screens I was told they had to make room for the loan title!
When I was putting my loans up for sale last week, the Current Investments page was exactly like the image in that blog post. It made seeing which loan parts I had sold really simple because you could ascending order them. At some point since then they have reverted it to the older version and consolidated that information into the previously redundant '+' button. I was very happy with that blog post version and it seemed to function well so I'm not sure why they've changed it. If they need room to fit in the loan title then how about they use some of that blank white space and grey cross hatching that takes up third of the page?
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TheDriver
Member of DD Central
Slightly bonkers
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Post by TheDriver on Oct 22, 2016 19:39:51 GMT
Oh, that's strange. I would be much happier with the blogged version for the reasons you describe, but have only ever seen the one it seems you are also getting now! Maybe I missed a transient phase when the "good" one was active? If it actually worked it's a pity it isn't still available - or could it be re-instated?
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adrianc
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Post by adrianc on Oct 24, 2016 8:26:14 GMT
If you can't find your scanner, I believe that a redacted online statement should be sufficient for this sort of thing. I found the scanner. The scanner couldn't find the will to scan anything. So a photo of part of a statement was sent this morning - and a confirmation was quickly received. Withdrawal in process... Still nothing showing on my account, though.
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Post by GSV3MIaC on Oct 24, 2016 13:24:36 GMT
If you paid by debit card it will go back that route .. eventually .. (3-4 days maybe)
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adrianc
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Post by adrianc on Oct 26, 2016 7:31:19 GMT
If you paid by debit card it will go back that route .. eventually .. (3-4 days maybe) And it has indeed arrived. I must have transferred in by debit card, because that is indeed where it's returned to. And, no, that debit card is not on the same account as the one that was laboriously verified... !
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Post by GSV3MIaC on Oct 26, 2016 9:48:28 GMT
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Post by lionelrichtea on Oct 26, 2016 10:51:35 GMT
If you paid by debit card it will go back that route .. eventually .. (3-4 days maybe) And it has indeed arrived. I must have transferred in by debit card, because that is indeed where it's returned to. And, no, that debit card is not on the same account as the one that was laboriously verified... ! Same here, returned to the debit card I deposited with and not the bank account I actually requested the withdrawal to. They do mention this, though it's squirrelled away in their FAQ. Funny, though, the FAQ also says... "If you have transferred in money by debit card, we will need you to email us a bank statement for the same account from within the last 3 months to enable us to verify these details."
...which just isn't true, as we have shown.
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ablender
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Post by ablender on Oct 26, 2016 10:58:45 GMT
And it has indeed arrived. I must have transferred in by debit card, because that is indeed where it's returned to. And, no, that debit card is not on the same account as the one that was laboriously verified... ! Same here, returned to the debit card I deposited with and not the bank account I actually requested the withdrawal to. What happens if the debit card does not exist anymore?
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Post by lionelrichtea on Oct 26, 2016 11:04:15 GMT
Same here, returned to the debit card I deposited with and not the bank account I actually requested the withdrawal to. What happens if the debit card does not exist anymore? From my experience with bookmakers, if your card has expired you need to make a fresh deposit with a new card in order to withdraw to said new card. Though I'm pretty sure that I've deposited by debit card with a couple of other P2P sites and withdrawn to bank without any request for verification.
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jimbob
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Post by jimbob on Oct 26, 2016 14:22:31 GMT
Same here, returned to the debit card I deposited with and not the bank account I actually requested the withdrawal to. What happens if the debit card does not exist anymore? You can still withdraw via old debit cards. Have done this many times with bookies, the funds head back to the linked bank account no problem even if the card has been cancelled.
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Post by GSV3MIaC on Oct 26, 2016 15:06:22 GMT
Yes, but what happens if you have closed the bank account as well as cancelled the card? LC need to start doing what the customer ask (assuming it is legal under money laundering rules). I made deposits from two accounts, but LC wanted to send funds back to the first one (which was luckily just dormant, rather than dead).
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ablender
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Post by ablender on Oct 28, 2016 15:59:43 GMT
Guys did you get the email inviting you to invest £5000 for a 2.5% cashback? Just received mine.
Apparently it is not for new comers only. And I quote: "Any non-invested funds that you currently have in your Investor Account will contribute towards the £5,000 target once invested."
If I did not decide to go away, I might have taken up this offer.
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Post by lionelrichtea on Oct 28, 2016 16:09:17 GMT
Yes, it appears the offer is open to everyone now. It didn't interest me before I decided to sell up, anyway. The prospect of trying to sensibly invest £5k within 30 days is not very appealing. No new loans all week, the two loans which finished last week are still pending and the interest rates on the loan exchange are rather poor.
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ablender
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Post by ablender on Oct 28, 2016 17:24:25 GMT
Yes, it appears the offer is open to everyone now. It didn't interest me before I decided to sell up, anyway. The prospect of trying to sensibly invest £5k within 30 days is not very appealing. No new loans all week, the two loans which finished last week are still pending and the interest rates on the loan exchange are rather poor. If you want to get better rates on the loan exchange (SM) you need to play around with the amount you want to buy. The rate can change considerably.
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pip
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Post by pip on Oct 28, 2016 18:55:15 GMT
The 8.1% quoted is a disgrace. They say 'was' but when you look at the small print it is calculated on expected future bad debt. So in what way is it correct to say 'was'. My bad debt rate (assuming nothing that is late comes good) is creeping up to 20% in the last year.
If I had the time or inclination I would complain as this is clearly misleading, even with the caveat. I was sure you were not supposed to make headline claims that are not consistent with the truth.
It's a bit like me starting a weight loss business and saying 'our clients have on average lost 2 stone in the last year*. With the * being 'expected weight loss next year. My clients actually put on a stone.... you get the point.
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