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Post by wyndstryke on Mar 14, 2018 12:16:31 GMT
That's good, hope they do mine at the same time ... I need to get some money out to put me back under the ISA limit before the tax year ends (a bit of a mishap on my part)
-- Edit: (still Wed 14th)
And now it looks like about half of the loans which needed to be rolled back have been done :-) (they're doing it in date order from the look of it) Moved some cash back into non-ISA and now I'm legal again.
-- Edit:
They're selling down more of the oversize loans today (Mon 19th) from the look of it, and they're still going in date order. I'm not in a hurry anymore since the ISA limit issue has been solved.
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Post by misotu on Mar 23, 2018 7:49:09 GMT
Well, Zopa have now (as of yesterday) bought back all the loans they made in error.
The funds were lent out for about five weeks, on average. They allowed us to keep all the repayments we had received, so in Mr Misotu's case they said:
In total, we bought back £358.84 of loans for £377.14, allowing you to keep the £18.30 of repayments you have already received as goodwill. The process is now complete.
So I think that we are well-covered on the interest front, but it doesn't value our time, trouble and inconvenience terribly highly :rolleyes: Why am I not surprised?
Still, at least it is sorted now.
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aju
Member of DD Central
Posts: 3,500
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Post by aju on Mar 23, 2018 10:17:51 GMT
Yes they did do something similar for Mrs Aju's issue. I wonder though how many people who do not spot this issue, or worse they have not fixed it either just placated those that shout the loudest. Still at least you seem happy with the result.
I'm a bit concerned that fees were added to this months ISA statement the other day regarding the RR that was used - still waiting on Zopa's response though. It is a small amount in my case 55p and in Mrs AJU's case 22p but for something that was supposed to be free its not good. Worse than that is the worry that anything Zopa is doing is getting the accuracy it should be afforded.
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Post by wyndstryke on Mar 23, 2018 15:14:51 GMT
Well, Zopa have now (as of yesterday) bought back all the loans they made in error. Same here ... no huge loan chunks any more which is good.
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