DeafEater
Member of DD Central
Extremely Moderate
Posts: 218
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Post by DeafEater on Oct 13, 2017 8:52:56 GMT
Probably too busy killing off the expensive 5 year loans and funding them from rolling money. Overnight I've been notified of no less than 12 different 5 year loans (at 6.2% - 6.4%) repaying simultaneously. Given the poor 5 year rates I currently have reinvestments pointing at rolling at a chosen rate of 4.5% and all 5k went there immediately. I think I may be selling my rolling money too cheaply at the moment.
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oldgrumpy
Member of DD Central
Posts: 5,087
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Post by oldgrumpy on Oct 13, 2017 12:59:51 GMT
You have to wonder about the competence of Ratesetter. It is again late today... It didn't used to be like this. I'd be guessing as to why, but with repeated occurrences, it has left me wondering what is going on... My repayments were in and lent out again before I had my first pi banana this morning. It was only about £70 had a rolling 4.4% order preset so I may have lost out on getting rate a bit higher. Never mind, I put £2k of spare in via debit card and just matched at 4.8% ![8-)](//storage.proboards.com/forum/images/smiley/cool.png) That'll do for now.
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happy
Member of DD Central
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Post by happy on Oct 16, 2017 6:20:03 GMT
No significant amount of borrower requests on any of the markets and my £1,000 or so of repayments in Rolling 3Y and 5Y have not made an appearance in my account yet. Looks like another very slow start to the week for the RS hamsters! This is getting all too common from RS recently.
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Post by bobthebuilder on Oct 16, 2017 7:11:38 GMT
If anybody at RS is monitoring this thread, can you give the box a kick please? The overnight process tonight isn't slow - it hasn't even started. You can tell this is the case because market rates for the 16th haven't been published, and this is the first thing that happens during the overnight processing.
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oldgrumpy
Member of DD Central
Posts: 5,087
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Post by oldgrumpy on Oct 16, 2017 8:07:19 GMT
Still no action and it's gone nine o'clock.
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Mick
Be nice... People respond.
Posts: 138
Likes: 93
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Post by Mick on Oct 16, 2017 8:29:57 GMT
I'm due £3600.00 Today, rolling .... Nothing yet?
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spyrogyra
Member of DD Central
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Post by spyrogyra on Oct 16, 2017 9:02:53 GMT
Matches for the last 24 hours : 105 only !!! Usually b/n 8000-14000.
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Tony
Posts: 51
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Post by Tony on Oct 16, 2017 10:11:06 GMT
What are these guys playing at, no payment today and no note to say what the problem is.
Would you trust your money to an organisation who did that, too late I already have tut!
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Stonk
Stonking
Posts: 735
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Post by Stonk on Oct 16, 2017 11:14:47 GMT
Now that Funding Circle has dumbed itself down and doesn't need quite as many hundreds of developers, perhaps some of them have gone to work for RateSetter, bringing along with them some great ideas about how to make overnight processing run really fast ...
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happy
Member of DD Central
Posts: 397
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Post by happy on Oct 16, 2017 11:28:57 GMT
My Rolling repayments have just come back into holding but nothing on 3 and 5Year. Still no burrowers to speak of though and what there is is at 3.3% . Might just go for a walk with the dog before that tornado arrives and see it things improve this afternoon.
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Post by propman on Oct 16, 2017 13:20:48 GMT
My Rolling repayments have just come back into holding but nothing on 3 and 5Year. Still no burrowers to speak of though and what there is is at 3.3% . Might just go for a walk with the dog before that tornado arrives and see it things improve this afternoon. I have had my 1 rolling loan repaid back this morning and a <£1k instant transfer added but no 3 or 5 year for me either. 5 year demand is building and there has been about £500k of lending (presumably mainly rolling), but interestingly the graph is still not showing rate changes for yesterday.
- PM
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happy
Member of DD Central
Posts: 397
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Post by happy on Oct 16, 2017 15:40:22 GMT
4.30pm still no 3 or 5 year repayments have been made to my holding account, still virtually no borrowing on rolling but now a nice fat £9.3m waiting to be lent out! Interestingly the match count has rocketed to almost 12,000 from under 200 at midday so it appears that loans are being matched but at around 3.6-3.8% Anyone else get the feeling RS are trying a new drip-feed strategy to get their rolling rate down? Or perhaps it's just malfunctioning IT. In the absence of any update from RS we are left to guess and feel unloved again
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coogaruk
Hello everyone! Anyone remember me?
Posts: 705
Likes: 464
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Post by coogaruk on Oct 16, 2017 17:13:00 GMT
Gone now 6pm and my Rolling money due today has been repaid but none of my 3 or 5 year income. Guessing RS aren't fully regulated yet but don't seem that bothered about it either!
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smezz
Posts: 180
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Post by smezz on Oct 16, 2017 18:38:44 GMT
Me too. Awaiting 5 year repayment.
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wapping35
Member of DD Central
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Post by wapping35 on Oct 16, 2017 19:22:59 GMT
As this is the second time in 2 weeks this has occurred (indeed at least last time the repayments started to come in at 6pm) I have emailed to complain.
When I spoke to RS 2 weeks ago they said if this happens again they would "try" to communicated what the problem was. Well it does not seem they tried very hard.
All the need to do is put some kind of alert on the website or perhaps even write something on the "View RS Notices" section.
W35
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