hendragon
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Post by hendragon on Oct 8, 2014 7:00:45 GMT
cwt auction 121........drawn on the 7/10 repaid on 8/10. This now appears under my repaid loans tab without any cash appearing. Anyone else have a problem?
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oldgrumpy
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Post by oldgrumpy on Oct 8, 2014 8:26:45 GMT
Doesn't appear to have been paid back on the auction page.
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hendragon
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Post by hendragon on Oct 8, 2014 8:36:25 GMT
at the time of my original post it was. It has now been removed.
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jonno
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nil satis nisi optimum
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Post by jonno on Oct 8, 2014 8:48:14 GMT
Yep.This is a new one.Instead of a drawdown we've clearly had a blowdown.  |
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Post by johnny on Oct 8, 2014 10:40:01 GMT
Looks like its back, could have been a fat finger issue.
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sqh
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Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Oct 8, 2014 11:17:27 GMT
Chris - the repayments schedule needs sorting out.
Edit: Fixed
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hendragon
Member of DD Central
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Post by hendragon on Oct 8, 2014 11:41:42 GMT
glad it is sorted out. Could have been down to a malfunctioning Romulan cloaking device hiding it for a while
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Post by Ton ⓉⓞⓃ on Oct 8, 2014 15:47:34 GMT
Chris - the repayments schedule needs sorting out. Edit: Fixed I thought this had the structure where a lump sum of 5% capital was paid back in month 12, this almost seems optional if it's not actually listed. Isn't it 5% month 12, then monthly principle payments? It doesn't seem to be displayed to show that. Have I misunderstood again?
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mikes1531
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Post by mikes1531 on Oct 8, 2014 15:59:32 GMT
Chris - the repayments schedule needs sorting out. Edit: Fixed I thought this had the structure where a lump sum of 5% capital was paid back in month 12, this almost seems optional if it's not actually listed. Isn't it 5% month 12, then monthly principle payments? It doesn't seem to be displayed to show that. Have I misunderstood again? This same question has been raised in the loan's Q&A.
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Post by Ton ⓉⓞⓃ on Oct 8, 2014 16:04:51 GMT
I thought this had the structure where a lump sum of 5% capital was paid back in month 12, this almost seems optional if it's not actually listed. Isn't it 5% month 12, then monthly principle payments? It doesn't seem to be displayed to show that. Have I misunderstood again? This same question has been raised in the loan's Q&A. Thanks I didn't see that. looking at Burnley, cumbria it's the same sort of thing, perhaps it will display correct next week... IN EDIT On thinking about it they don't know just how much wind these guys are going to make so perhaps it will be treated as a partial repayment. I'm not thinking straight now I will eat and take some pills.
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mikes1531
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Post by mikes1531 on Oct 8, 2014 18:01:33 GMT
This same question has been raised in the loan's Q&A. Thanks I didn't see that. looking at Burnley, cumbria it's the same sort of thing, perhaps it will display correct next week... IN EDIT On thinking about it they don't know just how much wind these guys are going to make so perhaps it will be treated as a partial repayment. I'm not thinking straight now I will eat and take some pills. If the capital payments are part of the loan contracts then they ought to appear in the repayment schedule since they're not optional -- in the same way that the bullet payment at the end of the term is shown. Nowhere AFAIK has it been suggested that the amount of the repayments depends in any way on how successful the project is, so whether they generate a little electricity or a lot doesn't affect our returns -- unless the results are so poor that the borrower defaults on the loan and the security has to be sold in an effort to repay the lenders.
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Post by johnny on Oct 10, 2014 15:52:26 GMT
Just noticed that its not available on the AM, looks like its all sold, if so that was quick.
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niceguy37
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Post by niceguy37 on Oct 10, 2014 16:09:20 GMT
Just noticed that its not available on the AM, looks like its all sold, if so that was quick. I'd guess that the underwriter(s) have to put it on the Aftermarket manually, so perhaps it'll appear in due course.
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hendragon
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Post by hendragon on Oct 10, 2014 16:55:59 GMT
there is only 14k underwritten on the cwt loan at present. I cannot recall of this was so a drawdown or if it has all been sold.
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mikes1531
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Post by mikes1531 on Oct 10, 2014 17:01:15 GMT
Just noticed that its not available on the AM, looks like its all sold, if so that was quick. I'd guess that the underwriter(s) have to put it on the Aftermarket manually, so perhaps it'll appear in due course. It's a relatively small loan. According to the horseshoe chart, the underwriters' holding is down to less than 1% of the total, so there won't be much coming tothe Aftermarket from that source. Does anyone know roughly how much of the total funding was from underwriters when the auction closed?
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