mikes1531
Member of DD Central
Posts: 6,453
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Post by mikes1531 on Oct 9, 2014 13:13:48 GMT
... it can't be just my account, I'm sure everyone with Ka** group units will be affected, but whether they were keeping close enough records to notice is another matter  I certainly haven't been keeping close enough records. I sure hope AC have, and can locate and fix any errors without input from me.
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Post by Ton ⓉⓞⓃ on Oct 9, 2014 15:04:41 GMT
... it can't be just my account, I'm sure everyone with Ka** group units will be affected, but whether they were keeping close enough records to notice is another matter I certainly haven't been keeping close enough records. I sure hope AC have, and can locate and fix any errors without input from me. I like to keep a note of some things but not to the detail mikeb seems to have been, But I suspect all Lenders are grateful that mikeb has, I certainly am. It's a service to us all, Lenders and AC!
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mikeb
Posts: 1,072 
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Post by mikeb on Oct 9, 2014 15:30:48 GMT
This has been sorted out with chris in PM, and a historic bug found -- there is a discrepancy on Ka** and AC are now looking at how to patch the difference between reality and what the computer says, to do with the purchase price of these loan parts (Ka** happened before I joined, so my loan parts are all purchased on AM). |
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Post by chris on Oct 9, 2014 15:55:07 GMT
To clarify the old site was misallocating principal repayments on this loan due to the reverse auction, hence the discrepancy with the new loan model. Some lenders have gained from this, some have lost out. The solution I've set in motion is to pay out the difference to those who have lost out, leaving the gains with the lucky lenders. I've sent details of the correction to the admin team but need confirmation that the client money account has been credited with the hundred and a bit pounds has been transferred to the client money and received by the bank before I can credit the lender accounts. This should happen in the next couple of days.
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