SteveT
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Post by SteveT on May 24, 2017 11:31:09 GMT
As long as the description clearly identifies which loan they are, ie ACI 1 Ltd Term Loan 1,2, 3, 4 as that is what appears in the transaction statements (not loan number) and its already an issue distinguishing between the secured property loansA good point. ablrate , if you're able to tweak loan descriptions retrospectively, can we also have the 3 APF loans that are identically labelled "Secured Property Loan" tagged with A, B and C (or some other identifier)? Thanks. (Also add the missing loan numbers to Statement entries and in the Active Bid & Offer pages!)
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elliotn
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Post by elliotn on May 24, 2017 11:58:03 GMT
If ACF got in financial trouble, would both loans be at risk/equal risk? If VSL got in financial trouble, would ACF bail it out? Would trouble at VSL perhaps put ACF at risk? If ACF was in serious trouble then, yes, all group loans guaranteed could be in jeapordy and may need to rely on their individual securities. Re VSL, hopefully one of ACF's smaller guarantees alone would not jeapordise the whole group but economies have a knack of downturning together - have a look at the company accounts; consider EU negotiations over the next 2 years; invest accordingly.
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Post by dan1 on Aug 9, 2017 16:14:44 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one?
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Post by westcountry on Aug 9, 2017 16:40:49 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one? dan1 Same here, I've just had two e-mails and been credited twice the amount of interest due on my loan holding.
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n
Member of DD Central
Yet another Nick
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Post by n on Aug 9, 2017 16:41:15 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one? You are indeed not alone.
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elliotn
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Post by elliotn on Aug 9, 2017 16:55:28 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one? dan1 Same here, I've just had two e-mails and been credited twice the amount of interest due on my loan holding. The BHs dumping at 95.9% must be kicking themselves, partricularly with bids ticking up to 99%+ on the car loans as Isa rolls out.
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Post by dan1 on Aug 9, 2017 17:00:39 GMT
dan1 Same here, I've just had two e-mails and been credited twice the amount of interest due on my loan holding. The BHs dumping at 95.9% must be kicking themselves, partricularly with bids ticking up to 99%+ on the car loans as Isa rolls out. No doubt they had good reasons, perhaps a hefty tax bill to pay or bonus chasing elsewhere. That's the beauty of variable pricing.
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Post by dan1 on Aug 9, 2017 18:10:37 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one? Just been paused while Abl investigate the double payment of interest.
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Post by ablrate on Aug 9, 2017 18:11:23 GMT
ablrate - I've received the monthly interest payment twice for this loan a few minutes ago. I guess I'm not the only one? dan1 Same here, I've just had two e-mails and been credited twice the amount of interest due on my loan holding. Thanks for reporting, we are looking into this and have paused until its fixed.
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Post by dan1 on Aug 12, 2017 19:54:04 GMT
dan1 Same here, I've just had two e-mails and been credited twice the amount of interest due on my loan holding. Thanks for reporting, we are looking into this and have paused until its fixed. ablrate is it time to un-pause this loan on the secondary market? The extra interest payment was corrected on Thursday and the following interest payment on 1000056 was paid without issue.
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elliotn
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Post by elliotn on Mar 29, 2018 14:37:35 GMT
2017 a good year, with profits retained after the 2016 BS was essentially break-even (ie debtors cancelled out by creditors). I liked the breakout of bad debts incurred/forecast and of the existing loans which look manageable if 2017 results sustained. & a reminder of the underwriting ie 90% trade value plus end borrower (house owning) PG diversified across 100+ dealers with defaults (and poor performing borrowers) swapped out. A surprising nibble .
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SteveT
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Post by SteveT on Jun 20, 2018 5:56:50 GMT
For all you arbitrage fans, almost £10k of the most recent tranche (1000100) of this loan is currently on offer at 99%, whilst bids on other tranches range up to 100% ...
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IFISAcava
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Post by IFISAcava on Jun 20, 2018 10:43:06 GMT
For all you arbitrage fans, almost £10k of the most recent tranche (1000100) of this loan is currently on offer at 99%, whilst bids on other tranches range up to 100% ... aren't they stand alone loans rater than tranches of the same loan?
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victors
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Post by victors on Jun 20, 2018 10:56:09 GMT
They're all stand alone loans - but obviously interlinked.
All gone now anyway.
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IFISAcava
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Post by IFISAcava on Jun 20, 2018 12:24:51 GMT
They're all stand alone loans - but obviously interlinked. All gone now anyway. more available (at least there was a few minutes ago) weird that the shorter dated ACI loans are still selling at a premium and this longest dated loan has a healthy discount Underwriters?
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