|
Post by jevans4949 on Aug 13, 2019 17:11:08 GMT
AC do have the technology to write off loans, in "full and final settlement" scenarios. Why they can't do it in this case I don't know. Why they say in the latest report that the individual investor needs to make a decision I don't know. It has been pointed out elsewhere that investors cannot pursue the case, only AC. This one has been long since written off for tax purposes, which is the only thing that matters to the average investor.
The Angelsey loan is another zombie case. Also the South Coast Plumber.
|
|
|
Post by jevans4949 on Aug 13, 2019 14:35:51 GMT
I don't understand what kind of plausible attack 2FA is trying to protect against here...
If a hacker were going to compromise people's accounts, trying to vote on their behalf seems a pretty long way down the list of things they'd try to do!
Agreed. If a hacker had managed to get into an account, I think they'd be concentrating on trying to extract money from the account, not accept/reject loan extensions etc. - Unless the hacker was working for the borrower, from a dungeon deep inside a Scottish castle ...
|
|
|
Post by jevans4949 on Aug 6, 2019 13:11:45 GMT
Received my first vote with the new system. So much easier than the SurveyMonkey, even with the 2fa. Thanks.
|
|
|
Post by jevans4949 on Jul 29, 2019 0:11:25 GMT
Also, unknown number of SurveyMonkey emails end up in peoples' junk mail, possibly due to mail servers' criteria on third-party links. I use Thunderbird with AOL, and mine usually end up in "Bulk Mail" folder, which you need to check specifically (deleting the messages from widows of Nigerian presidents, my dear).
I guess there are also a lot of people who can't be bothered to read / respond, treating the MLA as a fire-and-forget investment.
|
|
|
Post by jevans4949 on Jul 12, 2019 15:54:34 GMT
I think I saw Asstez saying somewhere else that they have to wait for cheques to clear before they can repay the punters. Probably can be done quicker if the payments was by CHAPS.
Not followed this one, but sometimes Assetz have difficulty unravelling the repayments due.
|
|
|
Post by jevans4949 on Jul 6, 2019 13:40:14 GMT
Maybe Assetz should introduce a system by which "B" voters can offload their share of a suspended loan to "A" voters, who obviously have faith in the recovery plan ?
|
|
|
Chat
Jokes
Jun 10, 2019 9:13:37 GMT
Post by jevans4949 on Jun 10, 2019 9:13:37 GMT
BG emailed me yesterday to alert me to the fact that my invoice was ready, for a CO monitor I had fitted during my annual boiler service on Tuesday. "Login to pay your bill", so I tried to, and the website was a busted. So I found their phone number (quickly for a change) and called them to pay the bill (which worked fine). Somewhere in that process I said "yes, you can call me for feedback". A couple of minutes ago I received a call from them and had to press 1 to proceed. Which I did, only to hear "Unfortunately, due to a technical problem, we can't take your call right now". I think there's a joke in there somewhere . Had a similar thing a few days ago with a travel insurance quote from HSBC, but the other way round. "Click here to proceed" type message at the bottom, then a screen saying the online service wasn't available. Actually completed the transaction by phone.
Problem is, companies think "Gee, that looks good on our web site", but don't authorise the work on the back end. I was treasurer of a church, and after I stepped down, for several years I kept getting emails telling me my gas / electricity bills were ready to view. When I contacted Customer Services (several times), they told me my email had been removed from their system. Eventually suggested to my successor that she should threaten them with action under GDPR regulations.
EDIT: you also get situations where you get companies to stop sending emails and then they get taken over, and /or move to new software, and they start sending you stuff again.
|
|
|
Post by jevans4949 on May 7, 2019 11:47:36 GMT
I first invested with Assetz soon after they started. Received 2 or 3 calls over that time asking if everything was OK. Replied yes. Don't recollect high-pressure techniques.
|
|
|
Post by jevans4949 on Apr 30, 2019 16:17:47 GMT
All now cleared on my account. It was the oldest live one I had which hadn't gone totally pear-shaped. Well done to the borrowers; enjoy the rest of your lives.
|
|
|
Post by jevans4949 on Apr 17, 2019 16:28:32 GMT
In the case of Income Tax, you can carry any excess loss forward to the next tax year.
The self-assessment system is not particularly friendly to people with P2P accounts; you need to keep track of how you worked out your liability separately and add it in to the return in a net figure.
|
|
|
Post by jevans4949 on Apr 16, 2019 7:40:35 GMT
Suppose it might be useful if there was an indication for lenders on loans to indicate when loans were declared written off for tax purposes by Assetz. Especially as taxpayers are allowed to make their own decisions about this.
I suppose if a borrower found an "angel" prepared to regularise the situation, Assetz would have to declare this as recovery for tax purposes?
|
|
|
Post by jevans4949 on Mar 1, 2019 11:27:00 GMT
Much better outcome than I expected, especially since it covers MLA investors too. Even paying some interest!
Tough news for the shareholders.
|
|
|
Assetz Capital (AC)
2FA
Jan 30, 2019 15:42:02 GMT
Post by jevans4949 on Jan 30, 2019 15:42:02 GMT
Just because you're paranoid,it doesn't mean they're not out to get you.
|
|
|
Post by jevans4949 on Jan 22, 2019 0:47:53 GMT
A problem I had soon after AC started using Surveymonkey was that because I got emails for surveys I wasn't interested in I pressed a button somewhere saying "stop", which caused Surveymonkey to stop sending ANY emails. Once I reset this switch in my profile, I started getting the AC messages again. I am not currently getting any surveys apart from AC's. Maybe check if this is your problem?
Can't remember exactly where the switch was now.
|
|
|
Post by jevans4949 on Jan 11, 2019 11:21:27 GMT
Between May 2013 and March 2014, I invested £7000 into the Assetz MLA account (as it’s now called). At that point I paused to see how things panned out in the longer term. On the first working day of 2019 my “Total Invested” went over £10,000. The downside is that a quick analysis of the downloaded Loan Book at the end of the year shows 16 out of 111 loans suspended, mostly with little chance of any further recovery, with a book value of £1161.71 (out of £9994.69). Analysis of the Accrued Interest shows that these loans also account for £627.28 out of £667.09. But I’m satisfied that the net growth rate is better than I would have got from a bank savings account, which is where my money would have languished otherwise. It helps to be time-rich, so you can speed-read the credit reports and (hopefully) spot the potential duds. I have never been tempted to gof for the black-box accounts.
|
|