benaj
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Post by benaj on Apr 18, 2018 7:34:40 GMT
@18/04/2018 5 years New offer estimated matching time is 17 days!!!!!
does it mean losing 17 days (+ 2 days clearing time for depositing funds with a debit card) interest a year?
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Post by mcpete on Apr 18, 2018 19:58:51 GMT
@18/04/2018 5 years New offer estimated matching time is 17 days!!!!! does it mean losing 17 days (+ 2 days clearing time for depositing funds with a debit card) interest a year? I believe reinvestments skip the que, so you only have the cash drag on new deposits...
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Post by albermarle on Apr 19, 2018 16:15:44 GMT
Delays investing can be a bit frustrating but I have calculated the real effect of a 19 days delay on a new 5 Year loan at 6%. On a £1000 loan it works out as an average of 65p a year . Or to put it another way you would receive £296.75 interest over 5 years rather than £300 ( assuming no reinvestment of interest).
Compared to the risk in P2P of your Capital disappearing down a black hole , some minor cash drag is not really a significant worry.( in my opinion)
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Post by Ace on Apr 19, 2018 17:01:48 GMT
Is it possible to see the current estimated matching time without making a new investment?
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Post by stevexxx on Apr 20, 2018 20:52:59 GMT
Its the april isa influx, it should settle soon I hope, either that or rates will drop..
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ashtondav
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Post by ashtondav on Apr 26, 2018 15:05:22 GMT
I’ve just opened an account and bunged in a few grand. Where on the site do I find out how long it will take to get invested? Thanks.
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jontyab
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Post by jontyab on Apr 26, 2018 15:09:32 GMT
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Post by Ace on Apr 26, 2018 16:17:34 GMT
They must have found some new borrowers. My expected matching time has dropped from 15 to 5 days today!  |
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benaj
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Post by benaj on Apr 26, 2018 21:27:54 GMT
It was something like 13 days this morning, now it is next working day
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Post by albermarle on Apr 27, 2018 16:30:00 GMT
I suspect that their system is not very good at estimating matching times, hence the sudden changes .
A bit like when you download or install a program on your computer. It says 5 mins to download ; 5 mins later it says 4m 30s; and then a minute later it is done.
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benaj
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Post by benaj on Dec 12, 2018 9:00:08 GMT
Anyone notice any delay for new money in December?
My queue ahead is £815,711.72 (12-Dec-2018), estimated matching time is still 7 days, where I deposited the money last week.
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IFISAcava
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Post by IFISAcava on Dec 12, 2018 9:05:26 GMT
Anyone notice any delay for new money in December? My queue ahead is £815,711.72 (12-Dec-2018), estimated matching time is still 7 days, where I deposited the money last week. yes - I am 13 days in now but initially had a 4 day estimated wait (currently 5 day estimate)
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Post by p2pgirl on Dec 12, 2018 9:40:54 GMT
Anyone notice any delay for new money in December? My queue ahead is £815,711.72 (12-Dec-2018), estimated matching time is still 7 days, where I deposited the money last week. yes - I am 13 days in now but initially had a 4 day estimated wait (currently 5 day estimate) I put my first trial investment of £10 in on 19th November followed by £1,000 on 22nd November. They were loaned out on 26th and 30th November respectively - so 7 and then 8 days to be matched. I then received my £50 bonus on 4th December and this is still waiting to be matched with a queue of 6 days and £765k ahead of me  . So matching is definitely slowing down...
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Post by propman on Dec 12, 2018 9:56:08 GMT
I have 2 weeks of offers waiting matching but can't see the queue anymore...
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p2pete
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Post by p2pete on Dec 12, 2018 18:48:19 GMT
I deposited £3K on 23rd Nov and it's still not matched yet on the 5 year market.
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. So matching is definitely slowing down...