angrysaveruk
Member of DD Central
Back and to the left..
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Post by angrysaveruk on Mar 11, 2017 22:04:24 GMT
Which is why I said 'close' .. it's somewhat less close when r = 20% and p=10% (the ReBS/FC-E-loan cases, iirc) This approximation only applies to the Rate Setter 1 year market
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duck
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Post by duck on Mar 12, 2017 7:06:03 GMT
Never trust percentages, you can make them prove almost anything, why do you think politicians use them all the time.
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groon
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Post by groon on Mar 12, 2017 9:45:47 GMT
Never trust percentages, you can make them prove almost anything, why do you think politicians use them all the time. 99% of politicians use them 99% of the time
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Post by GSV3MIaC on Mar 19, 2017 13:42:04 GMT
Lurching back on topic .. just been helping my partner check her account since the sellout amount seemed wrong, and indeed it appears that between end of Jan 2017 and when the sellout was completed, some £1,000+ went walkabout from her account (or maybe it's still there .. since we can't login, no way to check, nor to get transaction reports). I strongly recommend anyone else who sold out to go run the calculator over the numbers to make sure it all came out. Possibly she managed to withdraw it and not notice, but I rather doubt it, or some other account wouldn't balance.
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angrysaveruk
Member of DD Central
Back and to the left..
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Post by angrysaveruk on Mar 19, 2017 19:23:30 GMT
Lurching back on topic .. just been helping my partner check her account since the sellout amount seemed wrong, and indeed it appears that between end of Jan 2017 and when the sellout was completed, some £1,000+ went walkabout from her account (or maybe it's still there .. since we can't login, no way to check, nor to get transaction reports). I strongly recommend anyone else who sold out to go run the calculator over the numbers to make sure it all came out. Possibly she managed to withdraw it and not notice, but I rather doubt it, or some other account wouldn't balance. One of the things with the sell out is the small amounts under £10. I had to explicitly tell them I wanted to sell small loans since they do not handle these on their normal sellout system and I got the impression they have to handle these manually. THis might be where the error took place.
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Post by GSV3MIaC on Mar 20, 2017 10:57:07 GMT
No, there was only ~£200 of small contracts (according to them) and I'd be amazed if it was £1k adrift. They have probably managed to lose one of the larger contracts (or maybe something in the 'waiting for loan to be formed' queue or whatever). I'll let you know what they find, when they find it. Their assessment of the balance at the start of the tax year was also wrong (by same amount), compared to a) my maths, and b) the 31/3/2016 statement.
Update ..
At the second time of asking they found the £1221.43 they had overlooked and refunded it (with a small compensation payment) so my partner is now a happier bunny. As I said originally though .. CHECK YOUR FIGURES!
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duck
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Post by duck on Mar 27, 2017 7:02:51 GMT
Well as this thread shows I took the offer and cashed out and my account was closed ......... and then today I received an Email
Dear duck,
We are writing to inform you that a proportion of interest from your investment in the 5 Year Income market, has been paid back early. Your investment of £12.53 was matched to contract CXXXX within your Everyday account. Part of this contract has been paid back early by the borrowing customer, resulting in an additional interest repayment for you this month.
The interest you have just received amounts to £0.02 and it will be automatically handled according to your re-investment settings, which are detailed below.
So todays question.
Q How do you confuse a duck? A Send him an Email like the one above.
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Post by GSV3MIaC on Mar 27, 2017 8:21:30 GMT
I got two too, for which RS apologised .. mine related to sub£10 contracts which couldn't be sold out to other lenders. Supposedly fixed after i raised it.
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nairda
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Post by nairda on Mar 27, 2017 11:19:01 GMT
I had one a week or so ago and that related to some shrapnel. Appropriate apology received from RS with promise to not do it again.
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teddy
Posts: 214
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Post by teddy on Mar 27, 2017 20:22:22 GMT
Well as this thread shows I took the offer and cashed out and my account was closed ......... and then today I received an Email
Dear duck,
We are writing to inform you that a proportion of interest from your investment in the 5 Year Income market, has been paid back early. Your investment of £12.53 was matched to contract CXXXX within your Everyday account. Part of this contract has been paid back early by the borrowing customer, resulting in an additional interest repayment for you this month.
The interest you have just received amounts to £0.02 and it will be automatically handled according to your re-investment settings, which are detailed below.
So todays question.
Q How do you confuse a duck? A Send him an Email like the one above.
That's quackers.
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ashtondav
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Post by ashtondav on Mar 28, 2017 7:43:06 GMT
If you think you can get rates north of 12%pa over a full economic cycle you are in dreamland, IMHO.
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duck
Member of DD Central
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Post by duck on Apr 7, 2017 7:14:56 GMT
I closed both my and my wife's account everything went very smoothly indeed. As I said earlier in this thread I would request a tax statement since I could not obtain one on the site. I received the following response which I thought might be useful to others " Thank you for your email, we will issue everyone who has chosen to close their account with a statement before the end of the tax year." Has anybody who closed their account actually received a Tax Statement? I haven't. Email to RS sent since I cannot now sign in and download one ......
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Post by GSV3MIaC on Apr 7, 2017 7:18:48 GMT
Waiting for two here too.
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guff
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Post by guff on Apr 7, 2017 8:59:27 GMT
Has anybody who closed their account actually received a Tax Statement? I haven't. Email to RS sent since I cannot now sign in and download one ...... I have not received one either but I can still log in and download it.
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duck
Member of DD Central
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Post by duck on Apr 10, 2017 11:35:12 GMT
Just had a reply from RS, they are processing the statements manually (understandably) and whilst they do not currently have a timescale on when the statements will be available they should be emailed out in the coming weeks.
Hope that saves anybody else having to clog up the Email channels .......
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