ganymede
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Post by ganymede on Mar 26, 2021 13:06:22 GMT
Hey ablrate I think the admin note system must have failed? 133,100 late and 114 now a week late with ZERO admin notes! I see a those and more in my list (defaults are excluded) today. Loan Id | Bid | Late # | From | To | 1000055 | ACI | 1 | 20/03/2021 |
| 1000065 | VSL | 1 | 24/03/2021 |
| 1000067 | SM | 28 | 16/10/2018 | - 16/03/2021 | 1000069 | AA | 1 | 12/01/2021 |
| 1000074 | APF | 1 | 16/03/2021 |
| 1000097 | ILE | 16 | 02/12/2019 | - 02/03/2021 | 1000100 | ACI | 1 | 25/03/2021 |
| 1000101 | MAT | 10 | 11/06/2020 | - 11/03/2021 | 1000102 | APF | 1 | 18/03/2021 |
| 1000104 | ILE | 17 | 25/11/2019 | - 25/03/2021 | 1000105 | ILE | 16 | 20/12/2019 | - 20/03/2021 | 1000114 | ACI | 1 | 19/03/2021 |
| 1000126 | CLE | 2 | 02/02/2021 | - 02/03/2021 | 1000129 | JRT | 4 | 16/04/2020 | - 16/01/2021 | 1000133 | P1 | 1 | 25/03/2021 |
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ganymede
Member of DD Central
Posts: 299
Likes: 207
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Post by ganymede on Mar 16, 2021 14:36:35 GMT
Temptation all gone, I resisted putting even 1p into to this loan. Just didn't like the look of the numeric mistakes in the Financial Projections on top of the other things. Without significant improvements I think I will be giving the trenches that follow a miss also.
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ganymede
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Post by ganymede on Jan 15, 2021 9:10:57 GMT
Funds arrived in my current account this morning. This was from a Withdrawal request made in Dec 2020.
I do have a second withdraw request made just before the email, hope to see those funds arrive in my current account about a week from now.
The funds arrived, there in my bank account today when I checked. Much faster than expected.
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ganymede
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Post by ganymede on Jan 13, 2021 12:06:15 GMT
Funds arrived in my current account this morning. This was from a Withdrawal request made in Dec 2020.
I do have a second withdraw request made just before the email, hope to see those funds arrive in my current account about a week from now.
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ganymede
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Posts: 299
Likes: 207
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Post by ganymede on Nov 27, 2020 9:02:35 GMT
- Scrolling will be changing to a numbered amount of loans... so you will be able to have 50/100 etc - Filtering is on our staging server tomorrow for testing/evaluation so should be live soon - The accrued interest is recorded in the account history, not sure where you are looking to say its not? It looked like the two trades you did were on the payment day, so there is no accrued - The platform and the Loan Exchange are to 6dp rounded to 2. So it is being recorded in your account to 6dp but we don't display that. - I have checked the accrued on the loan you traded and it looks to me to be calculating correctly I have seen your email and was due to respond but if you have something specific that you would like us to check that would be great, if there is an error we will get it sorted pronto, but it looks correct to me. My example trade was £300 on 113 @ 13% for 2 days is 21.6p round to 22p. Happy to have a look at anything specific on a deeper dive just email dbw@ directly best ASMX hold extra days of accrued when you make a bid - on the old SM you could choose an expiry date so you could put same day and have no additional accrued. That might be what you're seeing? Funds are held when placing the bid - in all my examples they matched same day and all the additional accrued was released back Thanks it's very confusing was expecting the buy to take place immediately, should have used Market option on the drop down instead of the default fill option quoting the accrued for the month, it's my issue.
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ganymede
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Posts: 299
Likes: 207
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Post by ganymede on Nov 26, 2020 10:44:05 GMT
After two buys on ablrate asmx I given up using asmx at least for now. It's designed to look completely non functional, 7 lines to display each loan, not only scrolling down to view page but increasing the number of pages to go through certainly not designed for large numbers of loans other providers/originators might add. That not the reason, the following is.
For tax purpose the treatment of accrued interest I thought had changed, and is no long recorded only the summary transaction amounts, for the interest figures are no longer adjusted. Looked like the tax reports would be wrong.
While sub £1 error so far, any more trading on asmx will just be adding to the problems. Now I'm not so sure, that the accrued amounts aren't being displayed incorrectly by asmx looks like they could be out by a factor of 100.
So £0.26 is really £0.0026 and rounds down to £0.00, which means the overall buy/sell prices are displayed incorrectly by asmx. Then I had been expecting to see £0.26 in the accounts under accrued to match asmx displayed amount. I can't try live transactions with larger accrued amounts just to find out if the accrued is being record correctly in the accounts.
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ganymede
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Likes: 207
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Post by ganymede on Oct 5, 2020 10:27:51 GMT
Some sign of life after all, an email today on the Loan.
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ganymede
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Post by ganymede on Sept 18, 2020 20:01:41 GMT
Yep, receiving all emails, had the two trumpeting the early repayment of the C*****t***K loan today I normally get these, but not this time, I did get the one for the new loan, not email working every time.
I will be withdrawing the repayment, rather than investing in the new loan.
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ganymede
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Post by ganymede on Sept 17, 2020 19:07:05 GMT
Looks like a few have signed up for this loan having looked and £120 bid so far.
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ganymede
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Post by ganymede on Sept 16, 2020 20:04:30 GMT
The full loan proposal will be available on the platform shortly but the highlights are: - £55,000 loan - 48 month term on a capital & interest basis - 3rd charge over residential property - 16% interest rate - 60% LTV
There hasn't been a new long for a very long time.
Problem for me is... Record for loans in the past - it's hard to recall any loans which haven't ended up defaulting. A large number of Loans remain unresolved with no updates. Capital loss is far greater than the return in interest, until loans are recovered.
Just a few loans still paying interest.
Will look tomorrow at details, but very doubtful I will be investing.
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ganymede
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Posts: 299
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Post by ganymede on Sept 3, 2020 7:56:11 GMT
I Tuesday 1st Sept had the same, e-mail before loan capital repayment and interest had been actioned. Did appear in the account yesterday the 2nd Sept.
I did send a email to Kuflink, I seem to send rather a lot of emails with little complaints. Number for currently invested amount is incorrect, they missed deducting the small part repayments of capital.
I use compound my interest now, to save having little amount of interest, but the recent 6month extension you can't do that. Layout is very bad on many pages.
Then yesterday I did a bank transfer top up, had email telling be wallet had been top-up. Went to the account and the funds weren't there, they did appear later in the wallet, then went in to reserve on of the loans, and the amount available wasn't that in the wallet, but just a capital repayment and interest still without the top-up, I like to round up things to the £100 min investment per loan. The full amount did become available a little later, when reserving loans.
I'm not stopping using K but, the platform website doesn't give me much confidence in increasing my investments, and is low compared with other platforms, every time I just hit that new little issue.
1 Sept had to do the annual AML check, and had to use a different browser the formatting on my normal firefox browser lost most of the messages / prompts, and had to switch over to chrome. Check did complete, and all valid for another year, another of those little issues to contend with that keep popping up.
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ganymede
Member of DD Central
Posts: 299
Likes: 207
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Post by ganymede on Aug 18, 2020 9:46:09 GMT
I had the payment for 120 today, there is also an update for both 120 and 124. As thought they are still waiting on CBIL's funds, and really not the borrower that's holding things up it will be one of the large banks or Government.
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ganymede
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Posts: 299
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Post by ganymede on Aug 17, 2020 16:42:30 GMT
There are admin notes under #124 that should apply to #120. ganymede - not in 124 and cannot access details as loan is paused on the secondary market. If this is the case, it is somewhat sloppy? Anyway would you mind providing a short synopsis please? Cheers P If you go to loan 120, then try the other loans tab you should see 124.
The last update was on the 4 August, CBIL's funds expected within 10days, once arrive meet and would issue a full update.
Once you get to 124, you should be able select to follow the loan. To get email updates.
There has since been an update for 120, I expect this is a single months interest payment and not a full catch up, and guessing still waiting on these CBIL's funds to arrive, clear at the bank.
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ganymede
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Post by ganymede on Aug 17, 2020 8:37:57 GMT
120 payout due today & currently running 3 payments behind. No update since 17/7/20 after a payment was received the day before & allocated to Aprils unpaid payment. There are admin notes under #124 that should apply to #120.
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ganymede
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Posts: 299
Likes: 207
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Post by ganymede on Jul 21, 2020 13:30:18 GMT
It's happened again, certificate has expired.
I did have email beginning of the month so there is some activity, or there was. There was a payment around 16th July 2020, but the email notifications are also down, I did receive the normal emails.
Edit checked today 22 July and site back working, problem fixed.
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