Delays in investing in new loan parts

My recent experience confirms this.

I began a new ISA account two weeks ago.  It allocated 20% of my funds on day 1, another 20% on day 2, about 30% on day 3, and then it suddenly stopped dead with 30% spare cash.  After a couple of days of no movement, I added a bit more cash to take me down to 50% unallocated, after which I received a trickle of 1 or 2 loans per day until I reached about 60% allocated, since when nothing further has happened.

So much for the claimed 7.2%.  With 40% of your cash sitting idle, it's actually 4.3% for a new investor.  I take issue with this; the caveats are there when you look for them, but nowhere near as prominent as the 7.2% headline figure.

All the lovely high percentages on the summary page completely ignore uninvested cash, and are therefore also deceptive.

The return on my money that has been loaned is in line with their claims.  My "estimated fully diversified return" is 7.5%.  The algorithm successfully allocated me loans with a variety of interest rates to achieve the intended return.

My issue is simply that it's a return of 7.5% on 60% of my money, but 0% on the other 40%.  So that's 4.5% overall (for me), and if this 40% "limit" is indeed true then that is how it will stay.  I may as well withdraw the excess and try again in a few weeks.  The idea of cash earning 0% sickens me.

If the numbers on the summary page took account of uninvested cash, a lot of people would see their FC investment differently.  I might start a thread about this, because I think it's a very important but overlooked factor.  For example, on my Classic FC account, I know precisely what my true return has been (based on dates and amounts deposited and withdrawn) and it is substantially lower than the number FC states on my summary page.

I don't think cb25 acquired more loans, it's more likely larger loan chunk size than £20 loan part, Probably matching 15 loans for £675 . Dripping £1000 a time seems okay I suppose.

Since 56805 matched on Monday, FC has at least lent out 70 new loans right now, and I only acquired 14 new loans after 56805.

May be we all can have a better drip feeding strategy.

Assuming FC only matches PM loans on weekdays, forming 60-80 loans a day, with a probablity 15-20% matching new loans, in theory the algorithm will drip feed at least 45 new loans each week from Monday.

Drip feed £1000 will almost fill up 45 PM loans in a week.

For larger fund, it's about 45+ parts of 0.5% diversification.say the portfolio is already over 10k, 0.5% part is £50, drip feeding another 2k will probably matched within a week in theory.

In one of my accounts I've had £1500 on loan and £1000 available with only 3 loans allocated since May 11th (two of £20 and one of £8.14), hence my assertion that the current lending point is about the 40% unallocated funds mark.

Don't know why/how cb25 got invested so quickly! Yes, I'm jealous!

I added £500 this avo, so now at 50% unallocated, but still no more loans yet! Could be that the lending point has moved higher due to an influx of cash.

BTW, I have another account with £10,000 that's been almost fully invested since March. It seems to get new loans whenever the unallocated percentage rises to between 0.5 and 1%. So, once you get fully invested it seems you can forget about the cash drag. Hope this reassures you a little Stonk.