baldpate
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Post by baldpate on Apr 14, 2018 9:20:32 GMT
Is anyone able to confirm or deny what I am seeing from the downloadable loanbook. The loanbook spreadsheet shows no new loans issued since Friday 30/03/2018, when 11 fractional loans were accepted (no whole loans on that date). The highest numbered loan in the loanbook seems to be #54097, a Whole Loan accepted the day before (29/03/2018).
Has anybody here who is still active on FC bought any parts in a NEW loan in the past two weeks (i.e. one with a loan number larger than 54097)? I am running off my FC holdings, so not attempting to buy anything, and therefore cannot tell.
My first thought, obviously, was that FC had ceased to update the loanbook - but this isn't he case because the loans defaulted on Thu 12th April are showing as defaulted in the loanbook.
Any thoughts/information on this?
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trevor
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Post by trevor on Apr 14, 2018 10:27:08 GMT
I have many loans after 54097. As high as 54674 many of 542xx, 543xx, 544xx, 545xx and 546xx. Many new loans since Easter.
Because of the well documented issues at L, FS and MT I am withdrawing repayments and interest from these and investing in ACISA and FCISA on behalf of the better half.
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baldpate
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Post by baldpate on Apr 14, 2018 10:42:43 GMT
Thanks for providing that clear evidence, trevor. So it looks as if, for some reason, FC have stopped recording new loans in the loanbook (yet while still updating the status of older loans). I need to look into it a bit further. |
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cb25
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Post by cb25 on Apr 14, 2018 13:08:44 GMT
My highest loan is also 54674. FC say "Includes information on loans originated up to 31st March 2018" on www.fundingcircle.com/uk/statistics/, so perhaps they don't update the downloadable loan book each day (e.g. once/month ?) |
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Post by longjohn on Apr 14, 2018 14:12:16 GMT
My highest loan is also 54674. FC say "Includes information on loans originated up to 31st March 2018" on www.fundingcircle.com/uk/statistics/, so perhaps they don't update the downloadable loan book each day (e.g. once/month ?) The loan book has always been updated daily since FC started. Maybe in their new 'trust us, you don't need to see anything' environment they would like it to disappear but my betting is that this is just another FC computing blunder that they haven't noticed themselves.
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cb25
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Post by cb25 on Apr 14, 2018 14:23:15 GMT
My highest loan is also 54674. FC say "Includes information on loans originated up to 31st March 2018" on www.fundingcircle.com/uk/statistics/, so perhaps they don't update the downloadable loan book each day (e.g. once/month ?) The loan book has always been updated daily since FC started. Maybe in their new 'trust us, you don't need to see anything' environment they would like it to disappear but my betting is that this is just another FC computing blunder that they haven't noticed themselves. It's been so long since I've downloaded the whole loan book that I have no memory of the update frequency. Happy to accept what you say.
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Post by GSV3MIaC on Apr 14, 2018 17:56:40 GMT
It certainly used to be daily, in the evenings (I had a bot collecting it, before I bailed out completely).
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markr
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Post by markr on Apr 14, 2018 19:51:32 GMT
I bunged some funds in my shiny new IFISA on Thursday afternoon, and it had bagged 49 loans from the primary market (and 1 SM purchase) by close of play on Friday, so there's plenty of new loans available.
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Post by skint4achange on Apr 14, 2018 20:32:23 GMT
I also opened my 18/19 ISA on the 6th of April.
I have 175 primary parts and only 1 SM part (I try to offload the SM parts at the end of the day! Was one that I couldn't get rid of).
This Friday (13th) was a bit of an anomaly. FC had a company wide meeting and they seemed to stop processing loans at about 2pm. I only managed to pick up 5 loans on Friday.
Other than that, everything seems to be normal.
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markr
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Post by markr on Apr 14, 2018 20:38:25 GMT
I also opened my 18/19 ISA on the 6th of April. Sorry, should have been clearer; due to a bit of dithering, it was the 12th when I funded mine. So if Friday was a slow day, almost all my haul would have been listed on one afternoon.
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