shimself
Member of DD Central
Posts: 2,563 
Likes: 1,171
|
Post by shimself on Oct 28, 2014 21:54:32 GMT
Stop logging me out, AC!!! 20 minutes is nowhere near long enough. I only have get distracted onto these forums or elsewhere on line and that time has gone, then its full emailmail, full password and full security question again and again.  Simples: change your emailmail to a simple email, maybe OG@gmail.com, your password to OG, and the answer to all of your security questions to B [for Banana in case you're asking]. Fewer key strokes. And let us know when you've done it so we can have a race to clear your account
|
|
|
|
Post by badger on Oct 28, 2014 22:05:34 GMT
ramblin rose said "it is technically incorrect" to have a minus number in red. I think it's technically correct. The minus is a maths symbol which should always be present for a negative. The colour change is to make it more obvious, there's no inconsistency in having both
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 29, 2014 3:50:30 GMT
...still not really understanding why the fairly standard red/black wasn't taken up in the first place. Perhaps I'm misremembering, but I would have sworn that when the MLIA statement first appeared it was using the red for debits and black for credits scheme. Then it changed to red for everything, and that's when the complaints started flowing.
|
|
mikes1531
Member of DD Central
Posts: 6,453
Likes: 2,320
|
Post by mikes1531 on Oct 29, 2014 4:01:29 GMT
Stop logging me out, AC!!! 20 minutes is nowhere near long enough. I only have get distracted onto these forums or elsewhere on line and that time has gone, then its full emailmail, full password and full security question again and again. I know what you mean, but I can see their point. If you were to wander away from your keyboard while logged on, and some nefarious ne'er-do-well were to access it by fair means or foul, and sell all your precious investments, and divert the proceeds to a shady account in the Cayman Islands, you might, in this ever-increasingly litigious society we inhabit, decide as an aged curmudgeon to sue their asses off. And sooner or later, I'd have to bear some part of their costs, in some way or another, if they lost. I accept that if someone managed to get control of a PC with the AC user still logged in they could put the entire portfolio up for sale. But when I expressed concern to AC that it appeared that a withdrawal could be sent to any bank account, I was assured that if a deposit was requested to a bank account that hadn't been used before it wouldn't be processed until the new destination account had been confirmed with the lender. (I was about to go on holiday and there was a chance that I'd need to log into my AC account from a public computer, or a public wi-fi access point, in a foreign country and I was concerned about the possibility my login credentials could be copied.) I have no idea how rigorously AC enforce the security procedure described.
|
|
bigfoot12
Member of DD Central
Posts: 1,817
Likes: 816
|
Post by bigfoot12 on Oct 29, 2014 8:53:10 GMT
I changed my MLIA from reinvest to withdraw repayments and interest. Before this time any loan parts I sold were in MLIA->Your transactions, but after this time sales are in Reports->Statement.
It would be good if all sales and purchases were in one place.
|
|
|
|
Post by planetx on Oct 29, 2014 9:50:06 GMT
I changed my MLIA from reinvest to withdraw repayments and interest. Before this time any loan parts I sold were in MLIA->Your transactions, but after this time sales are in Reports->Statement. It would be good if all sales and purchases were in one place. If the money is going into your cash account rather than manual investment, there has to be an entry in the cash account to record it. It would be more correct to enter the sale in the manual account, a transfer of cash out of the manual account, and a transfer of cash into the cash account, but the downside is that there's three entries instead of one.
|
|
sl75
Posts: 2,092
Likes: 1,245
|
Post by sl75 on Oct 29, 2014 10:34:09 GMT
I changed my MLIA from reinvest to withdraw repayments and interest. Before this time any loan parts I sold were in MLIA->Your transactions, but after this time sales are in Reports->Statement. It would be good if all sales and purchases were in one place. Yes, but not at the expense of hundreds of "artificial" entries to transfer it. Instead it would seem better to have a single all-encompassing statement covering all relevant activity across all of a lender's virtual accounts - probably with filtering options (so you can filter it to a specific account, a specific transaction type, a specific loan, or similar). The system could present all transactions (except accrual of interest if it is shown) as though they're transfers between 2 of the following 5 virtual accounts (long descriptive titles, the real ones would be shorter of course!): 1. Uninvested unallocated cash 2. Uninvested cash allocated to MLIA 3. Loan balance held within MLIA 4. Reserved for bids made under legacy system 5. Loan [accrued] interest account
|
|
|
|
Post by chris on Oct 29, 2014 11:54:36 GMT
I changed my MLIA from reinvest to withdraw repayments and interest. Before this time any loan parts I sold were in MLIA->Your transactions, but after this time sales are in Reports->Statement. It would be good if all sales and purchases were in one place. If the money is going into your cash account rather than manual investment, there has to be an entry in the cash account to record it. It would be more correct to enter the sale in the manual account, a transfer of cash out of the manual account, and a transfer of cash into the cash account, but the downside is that there's three entries instead of one. That's what's being worked on, as you say it is the more correct approach.
|
|
|
|
Post by chris on Oct 29, 2014 11:59:58 GMT
I changed my MLIA from reinvest to withdraw repayments and interest. Before this time any loan parts I sold were in MLIA->Your transactions, but after this time sales are in Reports->Statement. It would be good if all sales and purchases were in one place. Yes, but not at the expense of hundreds of "artificial" entries to transfer it. Instead it would seem better to have a single all-encompassing statement covering all relevant activity across all of a lender's virtual accounts - probably with filtering options (so you can filter it to a specific account, a specific transaction type, a specific loan, or similar). The system could present all transactions (except accrual of interest if it is shown) as though they're transfers between 2 of the following 5 virtual accounts (long descriptive titles, the real ones would be shorter of course!): 1. Uninvested unallocated cash 2. Uninvested cash allocated to MLIA 3. Loan balance held within MLIA 4. Reserved for bids made under legacy system 5. Loan [accrued] interest account I disagree that a single statement is the right way to go. With a bank you don't get a single statement across all your current / investment / savings / loan accounts. We will be launching more loan accounts, the first of which will be within a couple of weeks, but there will be others over time. These need to be segregated so that it is easy to isolate and understand activity within each, and also due to the implementation and how we segregate the funds. We're working on a couple of quick navigational fixes to help make it easier to navigate between these statements. I'm still considering whether or not to build a combined statement - I think it will probably end up causing more confusion but can understand the appeal for some users. This is likely to get built within the next couple of weeks but may be a couple of clicks to navigate to rather than the default view.
|
|
sl75
Posts: 2,092
Likes: 1,245
|
Post by sl75 on Oct 29, 2014 12:28:25 GMT
Yes, but not at the expense of hundreds of "artificial" entries to transfer it. Instead it would seem better to have a single all-encompassing statement covering all relevant activity across all of a lender's virtual accounts - probably with filtering options (so you can filter it to a specific account, a specific transaction type, a specific loan, or similar). The system could present all transactions (except accrual of interest if it is shown) as though they're transfers between 2 of the following 5 virtual accounts (long descriptive titles, the real ones would be shorter of course!): 1. Uninvested unallocated cash 2. Uninvested cash allocated to MLIA 3. Loan balance held within MLIA 4. Reserved for bids made under legacy system 5. Loan [accrued] interest account I disagree that a single statement is the right way to go. With a bank you don't get a single statement across all your current / investment / savings / loan accounts. We will be launching more loan accounts, the first of which will be within a couple of weeks, but there will be others over time. These need to be segregated so that it is easy to isolate and understand activity within each, and also due to the implementation and how we segregate the funds. We're working on a couple of quick navigational fixes to help make it easier to navigate between these statements. I'm still considering whether or not to build a combined statement - I think it will probably end up causing more confusion but can understand the appeal for some users. This is likely to get built within the next couple of weeks but may be a couple of clicks to navigate to rather than the default view. Fair enough... however, rather than generating artificial entries to show money bouncing in and out of 'account 2' on that list, it would seem to me better to allow a statement to be generated for the "currently invested" balance (possibly also showing interest paid and transferred on the same statement). If I transfer capital out of a mortgage account [or my solicitor's client account] to pay for a house, and receive my rent into my current account, my bank doesn't show the rent as arriving in my mortgage account [or elsewhere] and immediately being transferred back to my current account, which seems to me the equivalent of what was described a couple of posts ago, and seems utterly ridiculous to me. Where repayments are redirected into another account, that is exactly what should happen... the missing part is the statement for the loan balance, which is a third statement independent of [albeit closely related to] the other two.
|
|
Jim
Posts: 16
Likes: 6
|
Post by Jim on Oct 29, 2014 16:28:00 GMT
Interest Payments for £0.00 in Statement Hi chris, I have received two interest payments of £0.00 today for two loans that were completely sold long ago. Could these please be excluded from the statement? Regards. |
|
|
|
Post by chris on Oct 29, 2014 16:30:20 GMT
Interest Payments for £0.00 in Statement Hi chris, I have received two interest payments of £0.00 today for two loans that were completely sold long ago. Could these please be excluded from the statement? Regards. Just sent this explanation to the admin team as a couple of others have raised it: When calculating interest the system looks back through the history of the loan unit to see who owned it between the start and end point for which interest is being paid. In doing so it has to start at the current point in time, and as a precaution it deliberately counts back one step too far to make sure that we definitely capture ownership for that full period of time. This means it will pick up both new holders of the loan unit, who invested after the time period which is being repaid, those who held a loan unit for less than a day and therefore didn’t earn any interest, and those who sold the loan unit immediately before the time period.
It should strip out anyone who isn’t owed anything but I’ve had someone else raise this so it’s clearly missing some. I’ll double check the algorithm but the lender isn’t owed anything that they haven’t received.
I've made a change that should stop it happening.
|
|
|
|
Post by planetx on Oct 29, 2014 17:15:09 GMT
chris, now that we can adjust our targets for "coming soon" loans, I'd like to re-ask a question that got missed the other day. The loans on which I have shadow bids all display a target of nil. Do I need to change my targets to equal the shadow bids, to stop the AI selling my loan parts as soon as the loans go live, or not? Apologies if I've missed it; did we get an answer on this one?
|
|
star dust
Member of DD Central
Posts: 2,998
Likes: 3,531
|
Post by star dust on Oct 29, 2014 17:41:06 GMT
My dashboard circle suddenly seems to have thrown a wobbly and is showing 74.6% (cash account) 25.4% (MLI) - I thought maybe something had been paid back (one of those pesky bridges perhaps  ) but alas no, still only circa £5 in my cash account. I tried changing some customizable dashboard settings, but its made no difference - had previously been around 99%, am I missing something obvious? |
|
kermie
Member of DD Central
Posts: 691
Likes: 462
|
Post by kermie on Oct 29, 2014 17:46:50 GMT
chris - am I right in saying that on the dashboard the "Your Average Interest" is not being weighted according to loan size? I have picked up bits and pieces here and there, which I would have thought would have nudged the rate by at least 0.01% (it's to 2 dp)....but no. It's been stuck at the same rate ever since the new site appeared. Hence I'm guessing it's an average of the loans I am in, but not weighted according to the holding? If so, it's a bit meaningless.
|
|
) but alas no, still only circa £5 in my cash account. I tried changing some customizable dashboard settings, but its made no difference - had previously been around 99%, am I missing something obvious?