|
|
Post by chielamangus on Nov 4, 2014 20:27:54 GMT
Here's a lone voice - I like the automated system. It will save me a lot of time keeping an eye out for various loan parts on the secondary market. Yes, there are some bugs to iron out, but I think this is already a system way in advance of any other P2P site. I have just been manually going through zillions of loan parts in FC that I want to sell and it is painful and time consuming. The AC site is like a Jag compared with FC's model T Ford, & once the bugs are sorted, a few things streamlined, a proper Help section incorporated, and all that timeconsuming scrolling space eliminated, it will be the Rolls Royce of the P2P world. Oh yes, a more fluid stream of investments would also help. So thank you, Chris |
|
bigfoot12
Member of DD Central
Posts: 1,817
Likes: 816
|
Post by bigfoot12 on Nov 4, 2014 21:02:09 GMT
I'm pleased with the way this option has been implemented. Nice and clear. We're still waiting for the universal override switch to allow the auto-reinvest settings to be temporarily ignored while transferring new money into the MLIA to buy a specific loan that's just become available to purchase. But hopefully that's on it's way. chris/ Colin? EDIT: Thinking about it you'd still need some way of telling the system to invest the cash in the particular loan you have your eye on. Perhaps there could be a setting that allows you to prioritise one loan above all the others for auto-reinvestment. A universal over-ride wouldn't then be necessary. Sounds like that would get complicated, although I understand what you're trying to do. I'll have a think. How about a global Set all Enabled/All Disabled, rather than a universal setting? We could set all disabled, set the one we want to enabled, transfer money and then set all back to enabled, but this would lose the settings of those with disabled set on the amortising loans. How about two manual accounts? Why is it hard to make loan targets amortise when the loan does?
|
|
|
|
Post by chris on Nov 4, 2014 21:05:49 GMT
Sounds like that would get complicated, although I understand what you're trying to do. I'll have a think. How about a global Set all Enabled/All Disabled, rather than a universal setting? We could set all disabled, set the one we want to enabled, transfer money and then set all back to enabled, but this would lose the settings of those with disabled set on the amortising loans. How about two manual accounts? Why is it hard to make loan targets amortise when the loan does? It's not particularly hard to make the targets amortise but not everyone wants it to work in the same way, and some are uncomfortable with the system changing the target. Maybe it'll end up being an option, I'm certainly not ruling it out, but what we've released already should buy us some time to properly spec, build, and test whatever ultimate solution we come up with.
|
|
|
|
Post by oldnick on Nov 4, 2014 22:14:49 GMT
How easy would it be to have a small digital countdown timer somewhere in one of the blank spaces so we know how long till the site times out?
I emphasise digital, not a bar graph or a clock face, an accurate readout of actual minutes/seconds remaining.
It would need to be visible in all pages of course.
(And if it had the sound of Ch4's 'Countdown' clock think what fun it would be!)
|
|
oldgrumpy
Member of DD Central
Posts: 5,087 
Likes: 3,233
|
Post by oldgrumpy on Nov 4, 2014 22:24:03 GMT
"(And if it had the sound of Ch4's 'Countdown' clock think what fun it would be!)"
Wonderful idea! Please add it to an image of Nick Hewer scowling, which gradually expands to fill the page during the last 60 seconds! 
Attachments:
|
|
|
|
Post by oldnick on Nov 4, 2014 22:26:17 GMT
"(And if it had the sound of Ch4's 'Countdown' clock think what fun it would be!)"
Wonderful idea! Please add it to an image of Nick Hewer scowling, which gradually expands to fill the page during the last 60 seconds!
I vote for Rachel Riley please.
|
|
oldgrumpy
Member of DD Central
Posts: 5,087
Likes: 3,233
|
Post by oldgrumpy on Nov 4, 2014 22:29:35 GMT
"(And if it had the sound of Ch4's 'Countdown' clock think what fun it would be!)"
Wonderful idea! Please add it to an image of Nick Hewer scowling, which gradually expands to fill the page during the last 60 seconds!
I vote for Rachel Riley please. Hopeless idea. We'll all (well gents will) be so busy enjoying seeing her image get bigger and bigger that we'll just sit there and watch, then all get logged out. With Nick's mush we'll make sure we get rid of him and stay logged in! 
|
|
|
|
Post by phlitb on Nov 5, 2014 1:46:48 GMT
 I had been very happy with the new MLIA, and have increased my investment with AC now that it is so much easier to purchase parts. However last night I found that the MLIA had taken upon itself to sell off a big chunk of my Slough holding (excerpt shown in picture) for no reason at all that I can fathom, leaving my holding way below my target setting. I very much hope chris can explain this behaviour before I commit further funds to the platform.
|
|
|
|
Post by geoffrey on Nov 5, 2014 6:36:20 GMT
It's not particularly hard to make the targets amortise but not everyone wants it to work in the same way, and some are uncomfortable with the system changing the target. Maybe it'll end up being an option, I'm certainly not ruling it out, but what we've released already should buy us some time to properly spec, build, and test whatever ultimate solution we come up with. Thank you very much, Chris, for implementing the off button for individual loans, and for doing it so quickly. Although some people here have been very critical, I remain mightily impressed by the responsiveness of AC. I think the off button is a good quick fix, but it would be even more useful if there were a toggle to disable it on *all* loans I participate in, so that I can then manually enable it only on loans I'm interested in buying more of. I think this is still the typical usage for AC loans: lenders make an initial investment in a loan and will only want to increase their investment if they take a conscious decision to do so. One "quick" improvement would be to change the target colour in the "Browse loans I am investing in" table from green to grey (or just black) when a target has been disabled. This will allow a lender quickly to identify those loans the system is still liable to repurchase. Apart from true amortizing loans, several of the loans (some of the windy loans, for example) start repaying smaller capital amounts in the last year of the loan period before repaying a final much larger capital lump sum right at the end. For this reason, I really want my default to be "off" on all loans until I manually decide to increase investment in a particular loan or a carefully selected range of loans. To find myself purchasing more in the final few months of a loan greatly increases risk as far as I am concerned, and because of the difficulty of finding out which loans have such capital repayments, the safest for me is all off. I do think the longer term more sensible solution is for the system simply to subtract any capital repayments from whatever target has been set on a particular loan. This is by far the "safest" option. It doesn't stop me setting a target that is higher than my existing holding, if that is what I want to do, but then protects me once my target has been achieved. I hope this can be considered.
|
|
|
|
Post by oldnick on Nov 5, 2014 6:37:42 GMT
I still think Rachel would be better 
|
|
jonno
Member of DD Central
nil satis nisi optimum
Posts: 2,808
Likes: 3,241
|
Post by jonno on Nov 5, 2014 9:17:01 GMT
I still think Rachel would be better Let it go, oldnick. Let it go. Mind you, I agree
|
|
|
|
Post by brummiefred on Nov 5, 2014 9:51:55 GMT
What is it about Slough that MLA doesn't like? A large portion of our holding was sold off without instruction and although we have emailed David Ricketts
there has been no explanation as yet. Maybe Chris could investigate?
|
|
|
|
Post by Come_on_Grandad on Nov 5, 2014 10:29:39 GMT
What is it about Slough that MLA doesn't like? A large portion of our holding was sold off without instruction and although we have emailed David Ricketts there has been no explanation as yet. Maybe Chris could investigate? Can you look at your statement brummiefred for the time-stamp of your unwanted sale. I ask because at 00:16 on the 2nd Nov I purchased some Slough. If this is from you, then there is an extra coincidence, giving two instances of : uncommanded sales, just after midnight (00:16), Slough.
|
|
shimself
Member of DD Central
Posts: 2,563
Likes: 1,171
|
Post by shimself on Nov 5, 2014 10:33:54 GMT
...How about two manual accounts?... we could call them left and right (eh bigfoot?)
|
|
|
|
Post by brummiefred on Nov 5, 2014 10:53:09 GMT
Well well!!
Slough Comm sold at 00.16 on 2nd November.
Chris please take note and investigate please. (How does a person get the name to appear in blue?)
|
|
