benaj
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Post by benaj on Jan 30, 2019 7:21:42 GMT
Well, the investment queue is moving. I managed to get 1 part of this loan yesterday after my money from repayment stuck for 3 days. The allocation algorithm had not done my any favour, one investors managed to get 4 parts of this loan while I have only 1.
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markyg61
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Post by markyg61 on Jan 30, 2019 7:31:17 GMT
It's strange. I have 4x investments setup, all with cash surplus, just sitting there. Last loan made was 26th Jan.
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Post by sayyestocress on Jan 30, 2019 10:11:24 GMT
Well, the investment queue is moving. I managed to get 1 part of this loan yesterday after my money from repayment stuck for 3 days. The allocation algorithm had not done my any favour, one investors managed to get 4 parts of this loan while I have only 1. Do you have multiple investments that overlap rates in order to get more than 1? I suspect the other investor did for this to happen. AIUI you can only get one part per loan per investment.
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Post by sayyestocress on Jan 30, 2019 10:14:11 GMT
It's strange. I have 4x investments setup, all with cash surplus, just sitting there. Last loan made was 26th Jan. 26th Jan wasn't that long ago. If you're sticking to the highest rates you're probably going to be queueing. What rate ranges have you got set for the four?
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benaj
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Post by benaj on Jan 30, 2019 10:18:32 GMT
Well, the investment queue is moving. I managed to get 1 part of this loan yesterday after my money from repayment stuck for 3 days. The allocation algorithm had not done my any favour, one investors managed to get 4 parts of this loan while I have only 1. Do you have multiple investments that overlap rates in order to get more than 1? I suspect the other investor did for this to happen. AIUI you can only get one part per loan per investment. Oh, I have 5+ Investments with idle cash at the moment. This was the same investor I was talking about. The other day, he had 6 "investments" into one loan while I had one Investments. Yesterday, this investor had 4 "investments" into this loan. Speaking of the lending queue, now I have 11% of cash stuck from repayment, it was 5% yesterday and I have only 2 new loans since 26th Jan. I don't believe my lending rates matter are slowing down my lending as the loan last night does have pretty high rate than my minimum rate setting.
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Post by sayyestocress on Jan 30, 2019 10:20:32 GMT
Are the rates you've set the same / overlapping for those five investments?
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benaj
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Post by benaj on Jan 30, 2019 10:24:33 GMT
Are the rates you've set the same / overlapping for those five investments? Setting the same at the moment.
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Post by sayyestocress on Jan 30, 2019 10:31:14 GMT
Are the rates you've set the same / overlapping for those five investments? Setting the same at the moment. Interesting. Perhaps you're just further back in the queue compared to this other investor's investments. Or the system is more complex than I thought
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benaj
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Post by benaj on Jan 30, 2019 10:35:27 GMT
Setting the same at the moment. Interesting. Perhaps you're just further back in the queue compared to this other investor's investments. Or the system is more complex than I thought I I do believe the system is complex, because the part I got for the loan was using the investment with the least cash.
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markyg61
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Post by markyg61 on Jan 30, 2019 10:59:37 GMT
Interesting. Perhaps you're just further back in the queue compared to this other investor's investments. Or the system is more complex than I thought I I do believe the system is complex, because the part I got for the loan was using the investment with the least cash. Same for me. All four investments set to 9.5 - 15%
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Ukmikk
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Post by Ukmikk on Jan 30, 2019 14:15:17 GMT
Nadeem kindly offered to call me yesterday at 6pm to discuss all of this stuff so I was hoping to have a better understanding of the issues raised. Unfortunately no call was received so I'm still in the dark.
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Post by gravitykillz on Jan 30, 2019 15:22:51 GMT
Typical. Maybe that's a sign we should dump our investment. Management in welendus are all talk no action.
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benaj
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Post by benaj on Jan 30, 2019 18:36:38 GMT
I guess I am Mr Unlucky in the investment queue. Just got one small loan this evening, no luck getting into bigger loans. Unlent cash from repayments stay 11%
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alison
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Sanctuary!!
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Post by alison on Jan 31, 2019 10:02:04 GMT
I've noticed my queue length has been growing this week too.
I'm not a big investor so usually had the occasional few pounds univested for a day or so, but this has grown every day this week and is now about 6% of my total investment.
Not a concern yet but it's slightly unusual.
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zlb
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Post by zlb on Jan 31, 2019 11:00:25 GMT
I had £14.86 queued yesterday morning, and 24hrs later, it's the same. Otherwise not monitored what exact loans it's gone into. I have 5 separate tranches -this queue is only in one of them, in addition to which, they are all roughly the same % bandwidth give or take 0.5%
I've had a total of £30 recently paid from the pf, so some of that must have been invested. Presume that it gets reinvested into the same tranche it was in --- slightly odd as it could feasibly end up anywhere, as long as it gets invested. I put in separate tranches based on reading here about keeping diversification minimal.
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