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Post by dan1 on Sept 5, 2017 17:19:21 GMT
Missed that...had been watching regularly and been refusing to accept par bids Thought it was limited to +/- 10%? Premium/discount is limited to +/- 25% but yields are not limited, although probably will be following a fix to allow this loan to trade again.
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elliotn
Member of DD Central
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Post by elliotn on Sept 7, 2017 11:20:34 GMT
Hi ablrate , any eta on when we can trade our loan pls, many thanks
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Post by ablrate on Sept 7, 2017 14:08:12 GMT
Hi ablrate , any eta on when we can trade our loan pls, many thanks Hi We want to make sure that the fix is tested properly... it is taking a little while longer.... as always when you start messing with one thing other questions get asked. Regards Ablrate
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elliotn
Member of DD Central
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Post by elliotn on Sept 7, 2017 15:10:55 GMT
Ok, thanks for the update
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Post by ablrate on Sept 12, 2017 12:06:19 GMT
Still paused. Any update on its release for SM? We are working on that at the moment - sorry for the delay
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elliotn
Member of DD Central
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Post by elliotn on Sept 12, 2017 21:18:02 GMT
Still paused. Any update on its release for SM? We are working on that at the moment - sorry for the delay Surprised no better work around than 100% max ie16% AER equivalent. However, I can't even sell at that - "The value of amount paid to create must be 0 or more". ablrate? Edit - may be in the desperate scramble to try and get our money back at par I missed that trade and had to accept the next one down. Did we conclude those generous folks at FC were providing the rest of the acquisition loan whose assets would be under our debenture? (amazing deal abl!)
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Post by ablrate on Sept 13, 2017 8:28:02 GMT
We are working on that at the moment - sorry for the delay Surprised no better work around than 100% max ie16% AER equivalent. However, I can't even sell at that - "The value of amount paid to create must be 0 or more". ablrate ? Edit - may be in the desperate scramble to try and get our money back at par I missed that trade and had to accept the next one down. Did we conclude those generous folks at FC were providing the rest of the acquisition loan whose assets would be under our debenture? (amazing deal abl!) Hi Is was a quick solution and, admittedly not particularly elegant. We are working on something a little more flexible across the platform, we are also in the middle of getting the new platform sorted. The new design should be launched in the next couple of days and then the internal changes (i.e. the actual platform) in a few weeks. We will take a look at the 0 value error.. that should net be happening. On FC - our lenders have all the security.
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registerme
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Post by registerme on Sept 13, 2017 8:53:22 GMT
On FC - our lenders have all the security. This is no criticism of ablrate (at all), but what on earth were FC thinking? If you needed any more rationale to avoid FC (and its new model) it's right here.
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Post by d_saver on Sept 13, 2017 9:20:47 GMT
On FC - our lenders have all the security. This is no criticism of ablrate (at all), but what on earth were FC thinking? If you needed any more rationale to avoid FC (and its new model) it's right here. I for one, am perfectly happy with FC's contribution to our security
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ptr120
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Post by ptr120 on Nov 22, 2017 13:41:29 GMT
Hi ablrateI see that this loan is due to repay in just over one week. Please can we have an update on progress of the refinance? Have any aquisition assets been sold during the period (and paid over to Ablrate - thus improving our security)? Has the anticipated 50k of lease revenue mentioned been paid across?
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ptr120
Member of DD Central
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Post by ptr120 on Nov 24, 2017 15:14:05 GMT
Reply just received by email.
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ktf
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Post by ktf on Dec 1, 2017 15:00:45 GMT
No payment notification received yet.
I also thought the maturity date was today but there is a repayment showing for December 1 then the original loan amount on January 1.
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ktf
Posts: 9
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Post by ktf on Dec 1, 2017 15:32:28 GMT
I originally invested 2k. The first (October) and second (November) payment was £25 as expected. Now the dashboard is showing the December payment as £25 only. Clicking on it shows the initial investment plus an additional £25 being repaid in January which is not as I understood it to be. See the attachment. Attachments:
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steveb
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Post by steveb on Dec 1, 2017 15:36:11 GMT
There was an update sent by e-mail on the 24th Nov
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ktf
Posts: 9
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Post by ktf on Dec 1, 2017 15:38:57 GMT
Ah yes. I see it now. Thanks.
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