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Post by mikeyp on Sept 18, 2017 8:28:44 GMT
What do readers make of this new section on the Summary page? From the hover-over description of the Rate and Status columns, you'd almost think there were auctions! Has anyone actually got any entries? I chose a lending option this morning but nothing has happened yet.
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blender
Member of DD Central
Posts: 5,719
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Post by blender on Sept 18, 2017 8:45:07 GMT
I imagine it was 'bids' but changed to 'orders' because it is not an auction - just an allocation. Something I will not be using. I will miss logging in, except to sell up in x months. RIP P2P
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Stonk
Stonking
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Likes: 658
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Post by Stonk on Sept 18, 2017 8:45:34 GMT
What do readers make of this new section on the Summary page? From the hover-over description of the Rate and Status columns, you'd almost think there were auctions! Has anyone actually got any entries? I chose a lending option this morning but nothing has happened yet. It's a bit of the old-style site that they are half-way through repurposing probably to show how your available funds are in the process of being allocated. It wouldn't be the first time FC has left legacy stuff on their site ... take a look at the Help pages for a good start!
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My Orders
Sept 18, 2017 9:48:54 GMT
via mobile
Post by grahamreeds on Sept 18, 2017 9:48:54 GMT
You won't get anything until a loan goes live and I think in the first few hours they will go almost instantly due to cash accumulation over the weekend.
I don't think secondary market will appear here.
Surprisingly I haven't picked anything up from the SM yet. Are the flippers going to hold on a couple of months and the sell up their holdings?
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al
Posts: 49
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Post by al on Sept 18, 2017 10:20:24 GMT
You won't get anything until a loan goes live and I think in the first few hours they will go almost instantly due to cash accumulation over the weekend. I don't think secondary market will appear here. Surprisingly I haven't picked anything up from the SM yet. Are the flippers going to hold on a couple of months and the sell up their holdings? My guess is they left stuff in at premium till today, just in case, but are in no mad rush to free up their cash at zero, until another opportunity arises.
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nush
Member of DD Central
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Post by nush on Sept 18, 2017 14:07:24 GMT
well £2 invested today, not what i was expecting. lol
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Post by william0101 on Sept 18, 2017 14:19:25 GMT
You won't get anything until a loan goes live and I think in the first few hours they will go almost instantly due to cash accumulation over the weekend. I don't think secondary market will appear here. Surprisingly I haven't picked anything up from the SM yet. Are the flippers going to hold on a couple of months and the sell up their holdings? I wasn't a flipper but there is no way I am letting auto-sell anywhere near what I've put together by hand. I reckon it'll be New Year before I let a bit go, presuming the government doesn't behave badly and screw interest and exchange rates, I'm certain they'll cock it up some time after that.  brexit idiots, grrrr <-- general comment, not aimed at graham
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fp
Posts: 1,008
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Post by fp on Sept 18, 2017 14:35:26 GMT
Has anyone dared set auto invest up yet?
I've stuck a few quid in out of idle curiosity, but no allocations as of yet.
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IFISAcava
Member of DD Central
Posts: 3,692
Likes: 3,018
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Post by IFISAcava on Sept 18, 2017 16:18:12 GMT
You won't get anything until a loan goes live and I think in the first few hours they will go almost instantly due to cash accumulation over the weekend. I don't think secondary market will appear here. Surprisingly I haven't picked anything up from the SM yet. Are the flippers going to hold on a couple of months and the sell up their holdings? I wasn't a flipper but there is no way I am letting auto-sell anywhere near what I've put together by hand. I reckon it'll be New Year before I let a bit go, presuming the government doesn't behave badly and screw interest and exchange rates, I'm certain they'll cock it up some time after that. brexit idiots, grrrr <-- general comment, not aimed at graham too late for that one, rates already royally screwed
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al
Posts: 49
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Post by al on Sept 18, 2017 22:22:07 GMT
Has anyone dared set auto invest up yet? I've stuck a few quid in out of idle curiosity, but no allocations as of yet. I had £150 left available, as I'd got fed up trying to pounce on zero-premium parts (regular flow Fri/Sat, dried up by Sun). Completely untouched.
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metoo
Member of DD Central
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Post by metoo on Sept 18, 2017 22:47:34 GMT
I imagine it was 'bids' but changed to 'orders' because it is not an auction - just an allocation. Something I will not be using. I will miss logging in, except to sell up in x months. RIP P2P Of course you will not be told if you get early repayment so logging in periodically will still be necessary to check for that...
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brexit idiots, grrrr <-- general comment, not aimed at graham