Capital Adjustment Credit

fuzzyiceberg is correct the settled loans will remain at their balance levels they were at before the capital adjustment was received. In fact there is no direct correlation in data users can currently see that relates to the relevant settled loans. Hence the reason for asking for the correlation information.

To be fair I was challenging Zopa to provide the info and it took them some time to come back in a form that was at all useful - if you can call it that. All the settled loans are now crystalised for want of a better term and the balances against them will not change to us. Zopa has sold them into another organisation so for users who had sold loans they are now just a historical record of a failed and closed ("Settled") loan and as such only appear in the Alltime loanbook csv data.

Zopa has said that they will look into making the settled amount data more relevant in the future but to be honest I wouldn't hold my breath waiting for it. If the amount of people who were challenging this info and making specific requests got to be large enough to be slowing down ongoing developments then I guess someone might do a cost benefit on making this more visible to users.

At the end of the day most people will not even bother with this but in my case initially I wanted to know what the capital adjustment was and then what Zopa was actually selling off of my debtors and what my return on each loan was. They are not all the same value - I guess the purchaser did their DD on the loans they were buying and they would know much more than Zopa what each one might be worth to them down the line and if they can convert them into a successful return.

For me this was done without our knowledge, Zopa benefitted from getting them off their books and I'm guessing lost nothing in the process other than the time to engage with the receiver/s. It was us lenders loss at the end of the day.

It's interesting moving forward that the defaulted loans that are repaying seem to be the older ones rather than the more recent ones that were sold, In our ISA there is 1 default had a payment other than the Adjustment Sale and this was this month. So in more than 100 or so defaulted loans to one internal recovery payment that's not a very good result in my eyes and the Zopa recoveries team is not doing a great job if at all. Perhaps moving forward there will be more payments but I'm not holding out much hope.