blender
Member of DD Central
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Post by blender on Feb 2, 2019 11:50:07 GMT
Yes, I put an account of just over £10k up for sale after that date and it sold in one go on 21st after 3 days plus. A further part became live just after and they sold that on 31st, after just over a week. I have just listed some more that have become live. It's just a matter of when FC select your account for selling.
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Post by hammertime on Feb 2, 2019 15:04:32 GMT
I cant even log in .Have they gone bust glad ive only got less than £200 left in my account.
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Post by danielbird193 on Feb 5, 2019 9:11:28 GMT
It's more than a week since I made my request and still no loan parts sold. I don't want to panic but there does seem to be slightly untoward about all this to me...
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Post by jonathan on Feb 5, 2019 9:18:07 GMT
It's more than a week since I made my request and still no loan parts sold. I don't want to panic but there does seem to be slightly untoward about all this to me... Don't panic , I put some up for sale early on 25th Jan, they all sold almost in one go late on Sunday 3rd Feb, so 10 days or so.
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blender
Member of DD Central
Posts: 5,719
Likes: 4,272
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Post by blender on Feb 5, 2019 9:52:24 GMT
Ha ha! Two of my residual late loans paid up and went live. So I put them up for sale via FC's snail-sale system. Yesterday one of them failed to make the next due repayment and I cannot sell it. B*st*rds!
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Stonk
Stonking
Posts: 735 
Likes: 658
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Post by Stonk on Feb 5, 2019 14:17:19 GMT
Bah! I have put most of my portfolio up for sale, thinking that a week would be enough time. My repayments are extremely clustered around the 10th to the 15th of the month, and I wanted to sell before they started coming in - or not coming in, more to the point! But perhaps I haven't allowed long enough ...
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Post by df on Feb 5, 2019 22:07:03 GMT
It's more than a week since I made my request and still no loan parts sold. I don't want to panic but there does seem to be slightly untoward about all this to me... Don't panic , I put some up for sale early on 25th Jan, they all sold almost in one go late on Sunday 3rd Feb, so 10 days or so. 10 days is a lot for FC. Looks like the time of 20 minutes sale has gone. And the queue will probably grow as more investors will want to withdraw and FC is no longer attractive for potential new investors (except those who wants an iPad).
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Post by poptart on Feb 5, 2019 23:00:04 GMT
I've just (finally) sold my last remaining live FC loan part after a wait of 2 weeks. It was a larger loan part (just under £100) so maybe that makes matters worse?
I was quite surprised it took so long as all previous sales have happened in minutes under normal circumstances.
I can only surmise that a fair few folks are heading for the exit.
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Stonk
Stonking
Posts: 735
Likes: 658
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Post by Stonk on Feb 5, 2019 23:06:11 GMT
Bah! I have put most of my portfolio up for sale, thinking that a week would be enough time. My repayments are extremely clustered around the 10th to the 15th of the month, and I wanted to sell before they started coming in - or not coming in, more to the point! But perhaps I haven't allowed long enough ...
I can rest assured that my stinking cess-pit of dross will sell, at the latest, shortly after 6 April. Even as the smarter money leaves, there's bound to be a flood of dumb new ISA money.
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Post by hammertime on Feb 7, 2019 12:48:14 GMT
Going back about 18 months ago when F/C changed everything.I sold up about £40000 and it took two weeks to sell.I only have less than £200 in there now in old defaulted loans.Which i dont think is to bad.
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bod
Member of DD Central
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Post by bod on Feb 7, 2019 15:42:49 GMT
There was a promotion on FC recently where you received 'gifts' (ipad, JL voucher, Echo) if you kept the investment in until midnight on 15 or16 Jan. I guess many investors (including me) put all their up for sale loan parts as soon as the time limit was up, which has created the queue. I put up as many loan parts as possible up for sale a few hours after the deadline and they sold in about 3 days, but a couple that have now made late interest payments are still in the sales queue after more than a week. Be patient and hope interest is paid on time until they sell. Don't take them off the market or they will go back to the end of the queue.
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Post by hammertime on Feb 7, 2019 15:49:38 GMT
Seems like everyone is still leaving F/C i think they will go bust soon.
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delboy
Member of DD Central
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Post by delboy on Feb 7, 2019 18:47:43 GMT
Seems like everyone is still leaving F/C i think they will go bust soon. Hammertime, assume you’re all out of FC now so happy to stoke up an exodus?
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Post by Badly Drawn Stickman on Feb 7, 2019 19:00:28 GMT
There was a promotion on FC recently where you received 'gifts' (ipad, JL voucher, Echo) if you kept the investment in until midnight on 15 or16 Jan. I guess many investors (including me) put all their up for sale loan parts as soon as the time limit was up, which has created the queue. I put up as many loan parts as possible up for sale a few hours after the deadline and they sold in about 3 days, but a couple that have now made late interest payments are still in the sales queue after more than a week. Be patient and hope interest is paid on time until they sell. Don't take them off the market or they will go back to the end of the queue. That's a good point, and one I had totally overlooked.
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blender
Member of DD Central
Posts: 5,719
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Post by blender on Feb 7, 2019 23:08:29 GMT
Bah! I have put most of my portfolio up for sale, thinking that a week would be enough time. My repayments are extremely clustered around the 10th to the 15th of the month, and I wanted to sell before they started coming in - or not coming in, more to the point! But perhaps I haven't allowed long enough ...
I can rest assured that my stinking cess-pit of dross will sell, at the latest, shortly after 6 April. Even as the smarter money leaves, there's bound to be a flood of dumb new ISA money.
Except that some of us were dumb enough to open an ISA this year, and after 6th April will be transferring it out smartly.
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