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Post by Jinvest on May 24, 2019 20:14:52 GMT
Hello, Apologies if this has been asked before! My automatic re-investment into the GBBA account has come to a standstill, no movement for a couple of days now, with the result that my average interest rate has dropped while funds are held in the Quick Access account awaiting investment. Any advice/updates on this would be much appreciated. Thanks  |
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walktall7
Member of DD Central
Posts: 184 
Likes: 35
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Post by walktall7 on May 24, 2019 21:12:03 GMT
Its also been the same for me with a lot of purchases in the last 48 being for less than .04 pence.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
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Post by JamesFrance on May 25, 2019 7:53:07 GMT
Nothing for mine for two days then one purchase early this morning but cash balances still rising. Could this be related to the record isa investments they emailed us about? All these marketing contacts are very annoying.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
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Post by JamesFrance on May 28, 2019 16:59:48 GMT
This is still taking ages to invest money added, it seems to be adding to loans which are already over weight but not doing much else. Hopefully this is just because of the holiday weekend and it will wake up soon.
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ganymede
Member of DD Central
Posts: 304
Likes: 211
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Post by ganymede on May 30, 2019 21:15:03 GMT
Issues with GBBA are still continuing more and more is showing waiting investment.
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rscal
Posts: 985
Likes: 537
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Post by rscal on May 30, 2019 21:44:16 GMT
Issues with GBBA are still continuing more and more is showing waiting investment. They're steering you towards the exits access accounts!
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
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Post by JamesFrance on May 31, 2019 7:17:44 GMT
The webchat told me that it is waiting for new loans or people to sell, that doesn't explain why it is selling and exchanging loans now though.
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alibaba
Member of DD Central
Posts: 341
Likes: 245
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Post by alibaba on May 31, 2019 12:06:30 GMT
I have had seven loans totalling 9.5k for sale for five weeks without any being sold?
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Post by gravitykillz on May 31, 2019 12:49:35 GMT
Don't understand how some people are complaining it's taking ages to invest and some people are complaining it's taking ages to withdraw? Surely they are linked. If it's taking ages to invest it should mean there is a oversupply of liquidity and withdrawals should be almost instant.
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Post by df on May 31, 2019 13:02:45 GMT
I have had seven loans totalling 9.5k for sale for five weeks without any being sold? The same here. All my MLA loans I've put for sale were stuck for few weeks. Started moving yesterday though.
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Post by df on May 31, 2019 13:09:56 GMT
Issues with GBBA are still continuing more and more is showing waiting investment. They're steering you towards the exits access accounts! Not sure if that's an intention, but if it was, AC would be doing investors a favour.
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JamesFrance
Member of DD Central
Port Grimaud 1974
Posts: 1,323
Likes: 897
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Post by JamesFrance on May 31, 2019 14:05:01 GMT
If you click on the Invest button the site is showing this
I would guess that people trying to sell are offering loans with higher interest rates than the GBBA investors are given, maybe there is a limit to the risk level allowed by this account.
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Post by gravitykillz on May 31, 2019 18:54:30 GMT
Maybe dump your money in the 30 days account for a while. I'm sure things should improve in a few weeks.
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ganymede
Member of DD Central
Posts: 304
Likes: 211
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Post by ganymede on May 31, 2019 20:29:23 GMT
Maybe dump your money in the 30 days account for a while. I'm sure things should improve in a few weeks. I look in daily and another small amount awaiting investment has appeared so just shifted the pounds to another account, invested in minutes. Will do this for the time being.
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Post by redeye555 on Jun 11, 2019 13:07:09 GMT
I've been selling my GBBA loans for months, started with £1000, slowly sold, but have about £10 left in loan #673 that just won't sell. No idea why it won't sell.
The same in the PSA, after starting with £1000, I have £22 that won't sell, loan #673 again - a few quid, but also #597 and the suspended #723.
I realised both accounts were a bad idea early on, glad I didn't invest more.
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