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Post by p2plender on Aug 11, 2019 11:55:27 GMT
Thank Stonk.
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Post by propman on Aug 11, 2019 17:31:06 GMT
You can get repayments by clicking "Your Lending" then "Total" under portfolio, then go to the page bottom. I choose "by date" and it will show what is due from each market on each day.
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aju
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Post by aju on Aug 11, 2019 23:06:23 GMT
You can get repayments by clicking "Your Lending" then "Total" under portfolio, then go to the page bottom. I choose "by date" and it will show what is due from each market on each day. That's just what I was looking for propman, cheers. It even shows the difference between paid and still to pay items (in italics). I would have liked it to be in different colour perhaps green for paid and amber for to be paid still but at least it's there. Bet they remove it next week as they realise how useful that is...
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Post by davidspindle on Aug 29, 2019 0:16:27 GMT
By Wednesday afternoon I could see that there was something odd going on at RS. For the past few days the ‘On Market’ amount on my entry screen had not changed, whereas the ‘Total’ had increased. Going further in daily, found that the amount in my ‘Holding Account’ was increasing and not being put on the 5-year market, as I had set. Updating of investor transactions are clearly being delayed. Furthermore, there had been very little placed (if any) at ‘Market Rate’ since the weekend and the matching rate had risen to 5.9%, which I had not seen for a couple of months. Later in the day there was well over £1m at 5.6%. I believe that this is further evidence that the constant inept tinkering with the website is having negative effects. It is now fairly difficult to control investment rates and there is no visibility of where individual bids are in the queue. As a result I and my family have reduced our investment in RS by about 25% since April.
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Post by propman on Aug 29, 2019 7:42:46 GMT
By Wednesday afternoon I could see that there was something odd going on at RS. For the past few days the ‘On Market’ amount on my entry screen had not changed, whereas the ‘Total’ had increased. Going further in daily, found that the amount in my ‘Holding Account’ was increasing and not being put on the 5-year market, as I had set. Updating of investor transactions are clearly being delayed. Furthermore, there had been very little placed (if any) at ‘Market Rate’ since the weekend and the matching rate had risen to 5.9%, which I had not seen for a couple of months. Later in the day there was well over £1m at 5.6%. I believe that this is further evidence that the constant inept tinkering with the website is having negative effects. It is now fairly difficult to control investment rates and there is no visibility of where individual bids are in the queue. As a result I and my family have reduced our investment in RS by about 25% since April. They did put Wednesday's repayments on the market with the long weekends, otherwise no change. The delay in processing 5 days of repayments did mean that the higher rates (ie not reduced by MR) lasted longer than usual and all money offered at 6% or below on Friday night was lent. This will mean low rates for the next week or so. I suspect that this was not a result of the changes, merely the increased loanbook as the delay on the weekend run has slowly been increasing for many months.
Yes you can see where you are in the queue. Just click "My account or My lending, then click on the market required and open the unmatched to see where your offers are in the queue. Click the amont ahead for more detail if required.
- PM
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Post by propman on Sept 3, 2019 16:13:24 GMT
Is anyone else getting "£0" always shown in matched within the detail in each market even when some difference exists overall between unmatched and amount on market? This is on Firefox. Very annoying if you want to control amount per loan to reduce lumpy repayments.
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Post by sduckwor on Sept 12, 2019 7:52:58 GMT
So you now have to cancel your order(s) and re-invest to change your rate ....... Ratesetter ?
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rscal
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Post by rscal on Sept 12, 2019 9:27:51 GMT
So you now have to cancel your order(s) and re-invest to change your rate ....... Ratesetter ? That's always been the case, surely. Since the orders are queued by interest rate bands or incements separately you lose place in the queue at your chosen rate band whenever you cancel an order also. The fact that Ratesetter forces us to split our invesments also (say £100 times 6) at a given rate in advance to be able to vary how much we wnat ot lend after placing funds in the market is a bit of a unnecessary nonsense which they could iron out but (as ever) would choose not to and - if pressed - would say had 'limited demand'. Basically the system is as bog standard as it can be made and - noticably - has not been 'up-featured' AFAICS since launch of the platform.
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Post by propman on Sept 12, 2019 10:04:21 GMT
So you now have to cancel your order(s) and re-invest to change your rate ....... Ratesetter ? That's always been the case, surely. Since the orders are queued by interest rate bands or incements separately you lose place in the queue at your chosen rate band whenever you cancel an order also. The fact that Ratesetter forces us to split our invesments also (say £100 times 6) at a given rate in advance to be able to vary how much we wnat ot lend after placing funds in the market is a bit of a unnecessary nonsense which they could iron out but (as ever) would choose not to and - if pressed - would say had 'limited demand'. Basically the system is as bog standard as it can be made and - noticably - has not been 'up-featured' AFAICS since launch of the platform. In effect it is, but you used to be able to modify the rate to cancel and remake a new order for the same amount at your new rate in one action.
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robski
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Post by robski on Sept 19, 2019 14:55:01 GMT
yay its changed again
There should be a competition to find the money you have queued for lending, its not easy! You also now have lost the ability to see where you are in the queue
Another 0/10 update by ratesetter
Is there some competition to be scored as low as possible as frequently as possible by users of your site?
RS, the ryanair of financial services it seems
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aju
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Post by aju on Sept 19, 2019 15:39:15 GMT
yay its changed again There should be a competition to find the money you have queued for lending, its not easy! You also now have lost the ability to see where you are in the queue Another 0/10 update by ratesetter Is there some competition to be scored as low as possible as frequently as possible by users of your site? RS, the ryanair of financial services it seems What a nightmare mess they have moved into this time. It is possible to see ones place in the queue but only at the top level it was useful to be able to see the position in a particular rate as well. For me this is definitely a backwards step. The interesting thing is that at one point I got completely lost as the flow through the screens makes very little sense at the moment - I'm guessing it's because it has been changed a'la big bang rather than a small change and it will require more familiarity. I'm also guessing that it makes gaming of the rates a lot harder but hopefully that's just a familiarity thing and once we are used to this change we will be able to get a better sense again. Mind you I just got used to the last changes and they changed it again. I still think this race to the most simplistic toy market (Tablets and phone) seems to be counter productive in my eyes ...
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morris
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Post by morris on Sept 19, 2019 15:46:03 GMT
This has beaten me. How can you see where you are in the queue then?
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aju
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Post by aju on Sept 19, 2019 15:55:54 GMT
This has beaten me. How can you see where you are in the queue then? You have to look at the relevant %age you have lent at and check that against the edit function (little red pen in the product screen) you can increase or decrease the values and you will see how much is in front or you can just look at the levels in the section underneath. I agree you cannot see where you are in a given rate though but to be honest I've never left my lending so long that I move to the from on a given rate. I just usually move everything when I feel it might get a sniff. It is a pain in the proverbial though and I'm hoping whoever the designer is will get the sack and RS will wake up and smell the coffee. I won't hold my breath though as I reckon that RS wants the control and doesn't want us rebels to get too greater rates. * Your Lending * Your portfolio - select product ID - on left * Amount on market "red pen" * Unmatched order screen - "red pen" * Edit order "your rate" should show £ ahead of you on offer. You can adjust accordingly or check the market view below ... I think that was it ! It is cwap though, Perhaps we should all bombard support with the little purple button in the bottom right of every screen. I wonder how many of the design team were involved in writing the user manual they should have at least seen how convoluted its becoming as a lender - I bet it's much easier as a borrower but thankfully I haven't been one of those since reading Rich Dad Poor Dad many years ago now!.
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robski
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Post by robski on Sept 19, 2019 16:22:09 GMT
yay its changed again There should be a competition to find the money you have queued for lending, its not easy! You also now have lost the ability to see where you are in the queue Another 0/10 update by ratesetter Is there some competition to be scored as low as possible as frequently as possible by users of your site? RS, the ryanair of financial services it seems What a nightmare mess they have moved into this time. It is possible to see ones place in the queue but only at the top level it was useful to be able to see the position in a particular rate as well. For me this is definitely a backwards step. The interesting thing is that at one point I got completely lost as the flow through the screens makes very little sense at the moment - I'm guessing it's because it has been changed a'la big bang rather than a small change and it will require more familiarity. I'm also guessing that it makes gaming of the rates a lot harder but hopefully that's just a familiarity thing and once we are used to this change we will be able to get a better sense again. Mind you I just got used to the last changes and they changed it again. I still think this race to the most simplistic toy market (Tablets and phone) seems to be counter productive in my eyes ... Hmm the tablet and phone thing just reminded me, last weekend I was away so was trying to us RS on the ipad, neither Safari nor Puffin worked. I never managed to log on at all with Safari, and Puffin didnt work properlyAnyone else have the same issues? I normally only use the ipad when away, it worked fine in June but this weekend nope. Getting back to the changes, I now think my take is as follows. When they started out they probably sat down and looked at it from a lenders view, what stats would we want, how would we want to place our money, what would we want to consider when doing that, and the flows and screens were designed to follow that. I believe the mind set has now changed to, how do we make this as black box as possible, and thats it.
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jlend
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Post by jlend on Sept 19, 2019 16:42:20 GMT
I assume the changes are getting the system ready for the new Access Plus and Max products.
They probably want to use a similar interface for the Access, Plus, Max, 1 Year and 5 Year.
93 percent of users use the Market Rate so much of the RS effort is likely to be targeted at them and the new Going Rate. Am not sure if 93% of users equates to 93% of lending, I doubt it.
To be honest if the rates are reasonable, I will put up with changes. I am expecting rates to fall, just have to wait and see how far. I doubt they will loose many lenders whatever changes they make.
I expect their average lending rate will fall and lending on the 1 and 5 year markets will gradually reduce over time
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