SteveT
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Post by SteveT on Jun 21, 2017 10:47:43 GMT
Because Galashiels is simply the town where the development is located, not the name of the borrower
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Post by yorkshireman on Jun 21, 2017 11:23:18 GMT
Because Galashiels is simply the town where the development is located, not the name of the borrower Thanks for the clarification.
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shimself
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Post by shimself on Jun 21, 2017 12:35:14 GMT
I got my wrist slapped the other day, can anyone remind me where are the rules to be found.
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SteveT
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Post by SteveT on Jun 21, 2017 12:55:25 GMT
I got my wrist slapped the other day, can anyone remind me where are the rules to be found. See top post on every board on the forum
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jun 21, 2017 16:47:32 GMT
All references to #199 seem to have been removed from the website (please tell me if I've missed something) - even though further interest is still due? Furthermore, no email yet received from AC to inform lenders when the outstanding interest will be paid (and no 'Activity' section to refer to). Not very helpful if you haven't kept a record of what was owed prior to the full repayment of capital and partial repayment of interest. It's on the repaid page. Browse loans, repaid. It's lists the outstanding interest. One problem here is, because it has been removed from everyones' loan books, nobody will know how much interest is owed to them personally. This may or may not create problems if it occurs at the beginning of April. Surely if interest is still owed the loan has not been "repaid".
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Post by yorkshireman on Jun 21, 2017 17:13:09 GMT
It's on the repaid page. Browse loans, repaid. It's lists the outstanding interest. Surely if interest is still owed the loan has not been "repaid". Too damned right it hasn't been repaid.
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jonah
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Post by jonah on Jun 21, 2017 18:06:36 GMT
Surely if interest is still owed the loan has not been "repaid". Too damned right it hasn't been repaid. I didn't say it had... just pointed out where on the AC site it had been moved to...
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rxdav
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Post by rxdav on Jun 21, 2017 20:52:23 GMT
It's on the repaid page. Browse loans, repaid. It's lists the outstanding interest. One problem here is, because it has been removed from everyones' loan books, nobody will know how much interest is owed to them personally. This may or may not create problems if it occurs at the beginning of April. Surely if interest is still owed the loan has not been "repaid". skippyonspeed is correct on both points he makes. Firstly, If I had no record I would no longer know how much outstanding interest is owed to me personally (knowing how much interest is outstanding on the loan overall doesn't help me at all in this regard). Second, if all interest hasn't yet been repaid (and it hasn't) then the loan should not be classified as 'repaid' (might look better for AC - but nobody here is fooled).
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tonyr
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Post by tonyr on Jun 22, 2017 9:20:19 GMT
One problem here is, because it has been removed from everyones' loan books, nobody will know how much interest is owed to them personally. This may or may not create problems if it occurs at the beginning of April. Surely if interest is still owed the loan has not been "repaid". skippyonspeed is correct on both points he makes. Firstly, If I had no record I would no longer know how much outstanding interest is owed to me personally (knowing how much interest is outstanding on the loan overall doesn't help me at all in this regard). Second, if all interest hasn't yet been repaid (and it hasn't) then the loan should not be classified as 'repaid' (might look better for AC - but nobody here is fooled). I've had an open enquiry with AC on this since yesterday afternoon - I'll post here if I get useful information to share.
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jul 2, 2017 6:12:46 GMT
Loan #95 interest now 0%
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crabbyoldgit
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Post by crabbyoldgit on Jul 2, 2017 9:16:11 GMT
95 zero interest reported to AC yesterday with request to make up any missing weekend interest.
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skippyonspeed
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Post by skippyonspeed on Jul 2, 2017 17:10:38 GMT
Back up to 15%!?!  but I think we may be short of 1 day of interest
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mikeb
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Post by mikeb on Jul 5, 2017 17:54:16 GMT
Same happened on #314: Interest dropped 8.3% to 0% for morning of 4th July, it's back to 8.3% today (5th). However a day's accrued interest is currently short (it was allowed to idle at 0% for day) and the Question on the Q&A page was, as usual, deleted -- I didn't see it answered.
Along the lines of "Interest has dropped to 0% prob a mistake, plzzz update and provide the missing interest thanks" ...
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skippyonspeed
Some people think I'm a little bit crazy, but I know my mind's not hazy
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Post by skippyonspeed on Jul 5, 2017 18:53:05 GMT
I think loan #199 should be returned to our Loan Books, 'cos although the principal and part of the interest has been been repaid it is NOT COMPLETE!  |
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crabbyoldgit
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Post by crabbyoldgit on Jul 5, 2017 20:00:06 GMT
yep my question re 0% for my wife, its kind of becoming a kind of chant every time a loan comes to term unpayed. I try to use the same wording in the question section everytime time to reinforce te repeat nature of the problem.It seems to auto go to 0% at term even if the loan is not repayed and no AC process seems to be reliabiliy in place to stop this. I keep hopeing the hassle and cost of back calculating missing interest will enforce an improvment. By the way thanks to skippy and other's who keep a close eye open for accounting errors, AC should buy a bottle of plonk for each problem raised , its like they have a free set of auditors looking over thier shoulders worth a fortune i would have thought.
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but I think we may be short of 1 day of interest
