oldgrumpy
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Post by oldgrumpy on Oct 23, 2014 17:37:52 GMT
I can't even find that, though the amount shouldn't have moved since Tuesday. That's the one accessed via Reports>Statement Oh, that's the one I added, "up to 20 Oct". Thanks.
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Post by batchoy on Oct 23, 2014 17:40:39 GMT
That's the one accessed via Reports>Statement Oh, that's the one I added, "up to 20 Oct". Thanks. Not if you have your MLA set to withdraw income then all transaction in there.
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oldgrumpy
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Post by oldgrumpy on Oct 23, 2014 17:43:21 GMT
Oh, that's the one I added, "up to 20 Oct". Thanks. Not if you have your MLA set to withdraw income then all transaction in there. Not touching that setting unless I have to! 
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oldgrumpy
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Post by oldgrumpy on Oct 23, 2014 17:49:08 GMT
Ey-up! There's a - by the debits now, but the credits are still in red. Why on earth change that?
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unmadem
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Post by unmadem on Oct 23, 2014 17:52:19 GMT
Just noticed that on Anglesey (and presumably the other long overdue loans) there is a banner towards the top of the loan page " There has been a change in the credit position of this loan. Please see Recent Activity & Loan Documents Section for full details. "
on a cyan background.
Not very obvious, bold white text on a red background is probably a better choice (and is internationally recognised as a warning irrspective of the text. ) Surely this shouldn't be about using a colour palette dreamt up by a graphic designer, it should be about providing a very visible warning that this loan is unsuitable for the vast majority of AC registered lenders (i.e. those who are unaware of the very real risks of loss of interest or capital)Wow. If you hadn't pointed that out, I might not have seen it. Just dissappears into the header. Edit, but then again investing in P2P isn't scary at all is it? When trying to move into the market of attracting savers, with easy investing options, how can you look appealing if there are big red warning signs all over the place! yeah not best. Can't make my mind up if due to colour or position (too large header for loan) or both.
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oldgrumpy
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Post by oldgrumpy on Oct 23, 2014 17:57:01 GMT
The warning was much more prominent on the old site. It should still be.
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Post by Come_on_Grandad on Oct 23, 2014 18:17:39 GMT
Wow. If you hadn't pointed that out, I might not have seen it. Just dissappears into the header. Edit, but then again investing in P2P isn't scary at all is it? When trying to move into the market of attracting savers, with easy investing options, how can you look appealing if there are big red warning signs all over the place! yeah not best. Can't make my mind up if due to colour or position (too large header for loan) or both.
When switching to a loan to adjust one's target, the header might not even be glanced at. I think that a good place to put warnings is in the black manual investment box itself. Halfway down there is a horizontal white line and a warning inserted here, bold white text on a red background, is unlikely to be missed. Optionally accompanied by a circle the size of the avatar, containing an exclamation mark.
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Post by Duane Dibley on Oct 23, 2014 19:28:43 GMT
With the variable rate auctions such as K**e Group, how do you know which loan parts will be sold if you can no longer preselect them? Will it be the lowest rated ones, or the highest rated?
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Post by pepperpot on Oct 23, 2014 20:06:53 GMT
With the variable rate auctions such as K**e Group, how do you know which loan parts will be sold if you can no longer preselect them? Will it be the lowest rated ones, or the highest rated? Good point, and as there were multiple rates, will the system cope collating different rates together if you pick up shrapnel? I've got a headline rate of 10% showing in MLB on this loan, I know my actual rate was a lot higher than that.
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j
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Penguins are very misunderstood!
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Post by j on Oct 23, 2014 20:24:29 GMT
With the variable rate auctions such as K**e Group, how do you know which loan parts will be sold if you can no longer preselect them? Will it be the lowest rated ones, or the highest rated? It will be random. I made an error when trying to adjust my new AI first time using the system & fell foul of the reducing/imcreasing conundrum, having been used to the old simpler target system. I had plenty of quite small (£20-£30) units at various rates & it sold both. More of the higher ones than lower I must add. Was peeved to say the least.
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j
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Penguins are very misunderstood!
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Post by j on Oct 23, 2014 20:25:43 GMT
With the variable rate auctions such as K**e Group, how do you know which loan parts will be sold if you can no longer preselect them? Will it be the lowest rated ones, or the highest rated? It will be random. I made an error when trying to adjust my new AI first time using the system & fell foul of the reducing/imcreasing conundrum, having been used to the old simpler target system. I had plenty of quite small (£20-£30) units at various rates & it sold both. More of the higher ones than lower I must add. Was peeved to say the least. Would also support your point tht you cannot choose what rate units you can sell, which again takes away more control form the individual, not give it to him!
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Post by chris on Oct 23, 2014 21:52:07 GMT
With the variable rate auctions such as K**e Group, how do you know which loan parts will be sold if you can no longer preselect them? Will it be the lowest rated ones, or the highest rated? Good point, and as there were multiple rates, will the system cope collating different rates together if you pick up shrapnel? I've got a headline rate of 10% showing in MLB on this loan, I know my actual rate was a lot higher than that. Different rates are kept as different loan units, so you'll have one loan unit per investment account per loan per interest rate. We only have two loans that have multiple rates with the system no longer supporting new loans of that type. j is right that for those two loans there is less control as you cannot select individual loan units, but that was a tradeoff we felt was right considering it is only those two historic loans and there won't be any more in the foreseeable future.
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mikes1531
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Post by mikes1531 on Oct 23, 2014 22:36:03 GMT
Good point, and as there were multiple rates, will the system cope collating different rates together if you pick up shrapnel? I've got a headline rate of 10% showing in MLB on this loan, I know my actual rate was a lot higher than that. Different rates are kept as different loan units, so you'll have one loan unit per investment account per loan per interest rate. We only have two loans that have multiple rates with the system no longer supporting new loans of that type. j is right that for those two loans there is less control as you cannot select individual loan units, but that was a tradeoff we felt was right considering it is only those two historic loans and there won't be any more in the foreseeable future. : How can I tell what is my average interest rate for this loan? With the old system, the loan page showed my average rate alongside my total holding. Now all I see on the loan page is an interest rate at the top of the page of "5-15%", and on the Your Loans and Browse Loans lists it shows 10%. Is the 10% simply the average of the ends of the 5-15% rate range? IIRC, we've been told that none of the parts of this loan have interest rates below 10%. Also, if our Kare holdings do consist of "one loan unit per investment account per loan per interest rate" might it be possible to have each of those units appear as a separate entry in the list of Your Loans? That would give us the opportunity to select which units we'd want to sell, wouldn't it? Perhaps that wouldn't be considered fair on the purchasers, as I expect the sellers always would choose to dispose of the lowest rate units first, but even the lowest actual rates on this loan probably would be attractive to investors -- as long as they're not put off by the LTV of 158%!
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ilmoro
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'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Oct 23, 2014 22:42:36 GMT
chris Should the system allow me to reduce my target holding on FF and therefore potential sell holdings that do not actually exist following the repayment? As has been mentioned elsewhere the warnings on loans that have had material changes in their circumstances are almost unnoticable. I know this loan has issues and it took me several visits to the page before I noticed the disclaimer tucked away at the top. There seems to be an assumption that people will start at the top and read down but the font/style of the loan details naturally draw the eye to the centre of the page and the diclaimer is therefore easily missed
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mikes1531
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Post by mikes1531 on Oct 23, 2014 22:53:34 GMT
Also, I've just spotted the dropdown box that lists all your loans on one page, helpful! Loan Book > Your loans > Per Page > No limit
Chris and his team are doing a good job responding to our requests. Yes, indeed. And I see the same control has been added to the Browse Loans list. Thank you chris. Now, can we also have the same control over our statements? My whole statement is now spread over more than 100 pages! And my new MLIA statement is already about to go over 50 entries -- which I presume will force it onto two pages -- and it's less than three days old!
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