littleoldlady
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Post by littleoldlady on Jun 6, 2023 13:59:41 GMT
I tried to register my phone but after entering my Personal ID it sent a text with a code to enter, but if I switched to Messaging to get the code when I went back to the Santander app it started at the beginning again. I have a Huawei P20 lite running EMUI v 9.1. Can anyone suggest how I can get the code from the message without losing my place in the Santander app? Does the message not appear as a notification at the top of your phone and you can just flick it down to see the code and then flick it back up to enter. As you are not navigating away from the Santander app as you would if you went to the messaging app itself then the app shouldnt reset. I am assuming that Android functions the same way on a Huawei as my Chinese knockoff Thanks. Very fiddly but I managed it at the 5th attempt.
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littleoldlady
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Post by littleoldlady on Jun 6, 2023 12:18:27 GMT
I tried to register my phone but after entering my Personal ID it sent a text with a code to enter, but if I switched to Messaging to get the code when I went back to the Santander app it started at the beginning again. I have a Huawei P20 lite running EMUI v 9.1. Can anyone suggest how I can get the code from the message without losing my place in the Santander app?
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littleoldlady
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Post by littleoldlady on Jun 3, 2023 7:25:05 GMT
Have you stopped beating your wife yet? Please answer yes or no. no You beast!
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littleoldlady
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Post by littleoldlady on May 26, 2023 16:28:20 GMT
When an overdue loan repays, is interest generally paid for the whole of the loan term ie without any interest "holiday" during lockdown. Yes, and with the extra 2% penalty interest for the overrun period. Thanks. So the "Expected interest" figure shown in the portfolio is only for the initial loan period and is not updated once the loan becomes overdrawn? If my largest loan (@8%) were to repay when it is 5 years old in a few months I would get 1 year at 8% and 4 years at 10% so a stonking 48%. That would be a most welcome outcome, but I will not earmark it for any expenditure just yet.
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littleoldlady
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Post by littleoldlady on May 26, 2023 16:06:58 GMT
Another large defaulted loan repaid on Mon 22nd, so stats should update overnight to show a reduction to 19 defaulted loans (38 defaulted, 19 of which repaid). When an overdue loan repays, is interest generally paid for the whole of the loan term ie without any interest "holiday" during lockdown.
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littleoldlady
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Post by littleoldlady on May 25, 2023 14:04:25 GMT
NatWest isnt owned by the govt, only 40% now, so no. Even if NW was majority/wholly owned by the government, I think in the event of multiple banks going under it would be politically unacceptable for government to pay 100% to NW savers but only £85K to other banks. Anyway, the NW rates aren't competitive at 4.39% for 1-year and 4.49% for 2-year, when 5.0% is achievable.
That's the point. It might be worth accepting a slightly lower rate than the best if the funds were more secure.
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littleoldlady
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Post by littleoldlady on May 25, 2023 9:38:53 GMT
NatWest offer higher rates on their 1 and 2 year fixes on balances over £100k. As it is owned by the government is the money over the FSCS limit of £85k equally safe?
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littleoldlady
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Post by littleoldlady on May 19, 2023 15:36:10 GMT
Lol….yep four months and **** all has happened total sh*t show No update since…..no reply to emails…is anywhere actually overseeing this anymore! Yes there must be, as someone is collecting the 1%pa ISA fee (but little if anything else).
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littleoldlady
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Post by littleoldlady on May 19, 2023 9:56:55 GMT
This was not disclosed in the offer document. If Q were unaware of it either they were at fault in not checking or if the loan had not yet been shown on the Companies House Register and M did not disclose it this would prima facae amount to fraud IMO. I'm no expert in these things so could be wrong, but... As this is an unsecured loan with no security or negative pledge taken, M would be free to take on other loans as long as they believed that they would be able to repay them. We're essentially reliant on the PG. I'm no expert either, but Q did list long term liabilities including a £50k Bounce Back loan in 2021, but nothing about this loan. It seems to me to be reasonable for a potential investor to assume that there were no other liabilities.
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littleoldlady
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Post by littleoldlady on May 19, 2023 7:56:40 GMT
A charge against all company assets was registered on 9/3/22 to another lender, just before our loan started. So, we are fully reliant on the PG. This was not disclosed in the offer document. If Q were unaware of it either they were at fault in not checking or if the loan had not yet been shown on the Companies House Register and M did not disclose it this would prima facae amount to fraud IMO.
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littleoldlady
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Post by littleoldlady on May 19, 2023 7:03:37 GMT
Goldman Sachs just increased its Marcus account interest (instant access) rate to 3.5% including the bonus. Not sure how this compares but looks like one of the best which are are not just apps, also good phone support, if Cynergy don't increase will move back to GS. Update Just checked my Cynergy account which is paying 3.25% but the website is advertising 3.55%, phoned Cynergy to find out this is for Issue 60 of the Online Easy Access Account and you can get this interest by creating a new account via Fast Track apply and move the funds from your old account to the new account which I will now do. Update Just created and transferred the funds to the new issue 60 account, an easy process which took just a few minutes, old account closed and interested credited to new account. I find it most annoying when banks do this, hoping for savers' inertia to leave their funds in a lower interest account. Usually they justify it by tweaking some minor change to the T&C.
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littleoldlady
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Post by littleoldlady on May 18, 2023 7:55:38 GMT
The fuss reminds me of the Millennium Bug. There is a lot of uninformed speculation from Science Fiction readers and some warnings from insiders who have an agenda and make money out of AI. IMO it is theoretically impossible to create AI as software on a programmable computer because in theory one could track every instruction in the running of a program and you would see that the computer is doing exactly what the programmer instructed. (Programs often include pseudo random numbers to make the action unpredictable, but the random number generator requires a seed and will produce the same number from the same seed, and the same process is possible within the coding of the generator, so there is no intelligence involved).
You can actually ask ChatGPT what it thinks of this argument and it will respond that the unpredictability and complexity simulates intelligence. By this argument the National Lottery number generators based on bouncing balls are intelligent.
This is not to say that AI is impossible, just that it cannot be programmed. If we ever manage to build an AI machine it would call into question the existence of free will in humans, something we always assume even though there is no known scientific principle which would allow it.
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littleoldlady
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Post by littleoldlady on May 18, 2023 6:59:03 GMT
What happens if there is a problem with these loans, is the first loan paid first or what? It would seem the risk for the first lenders has increased. As they are amortising loans lenders in the first loan will have been repaid more than those in the second when payments dried up. If there were a liquidation and a lump sum repayment of all or part of the outstanding amounts I assume the two loans would be treated pari passu. The accounts for y/e Jan 2023 show a big improvement on 2022 which is encouraging. I am puzzled why in Aug 2022 when the first loan was launched the 2022 accounts were draft whereas in May 2023 the 2023 accounts were final. Probably nothing to worry about.
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littleoldlady
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Post by littleoldlady on May 16, 2023 11:30:40 GMT
New opportunity - well sort of. Another company back for a second campaign. 56% funded at time of writing. Rather too soon after the initial loan for my liking, although the payment record in that relatively short time has been immaculate.
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littleoldlady
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Post by littleoldlady on May 14, 2023 8:21:21 GMT
Does First Direct really do Free CHAPS transfer for upto £100K ? No, that's BACS payments.
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