Post by batchoy on Dec 2, 2013 10:07:23 GMT
I have uncovered a bug in the IP platform which causes the minimum balance setting on profiles not to function correctly. I run multiple profiles and set them all to hold a minimum balance - I have just about reached the point where I don't intend investing any additional fund the in the platform so wanted switch to drawing down a monthly income from part of my interest repayments and thus wanted to retain a certain amount in my account - however the platform has continued to bid based on my profiles until I have a lesser amount in my account (50% of the intended amount). This has been reported to IP with the following response:
If you have set a minimum balance "xxx €" rule for all your investment profiles, then it should leave you xxx € of free money, but the situation in which this rule does not function could only occur, if simultaneously there have been several loan offers which all meet your investment profile conditions, then your automatic investment profile checks the account balance for several loan offers at the same time, and because of that, it sees that there is enough money on your account to leave xxx € of free money and makes the bids. We are currently working on fixing this bug, so that the automatic profiles will check the account balance over a longer period of time.
