niceguy37
Member of DD Central
Posts: 504 
Likes: 254
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Post by niceguy37 on Nov 6, 2014 8:57:52 GMT
Absolutely spot on. Every time I log into this forum I seem to read about a new issue which is nothing short of outrageous when you consider that AC are responsible for other people’s money. I’ve said elsewhere that I’m not against change and continuous improvement but what has come to light since the website changes is totally unacceptable and consequently I’m steadily withdrawing my hard earned brass from AC as there is enough risk attached to P2P /P2B lending without problems with ill thought out systems. Yes there are problems with the new website but there were also problems with the old one. Many of the 'problems' with the new website are due to a lack of understanding on my part but after a while I'm now settling down. Now if monies have gone 'missing' then that is unacceptable but no doubt a quick e-mail could easily sort that out. At least AC are engaging with the community especially chris and davidricketts1 which is more than I can say for other P2P lenders - especially those that believe they have become established and can drop the communication aspect which helped grow their business in the first place. Once folks begin to drift away from a platform then you rarely get them back. I'm currently in run-off mode with one very well established platform - I simply don't understand how they work and their attitude IMO is take it or leave it. So I'm leaving it. No doubt AC are aware of this and have no intention of falling into the same trap. Maybe I've just been lucky but I've had no problems at all with the new site, and it's worked very well for me.
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Post by chielamangus on Nov 7, 2014 14:47:16 GMT
I have lost West London, Wrexham, Redditch, Optical Lens, Liverpool Elec, Leeds and Green Deal !! Can I have them back PLEASE, ChrisI have got back to my target level on Green Deal now. Only another five to go! Have been informed that the clock cannot be rewound and I have to accept it. I do, but only because the amount sold was a small proportion of my portfolio. If I had "lost" a substantial proportion, I would not have been so peaceable.
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Post by Ton ⓉⓞⓃ on Nov 7, 2014 15:50:37 GMT
I have lost West London, Wrexham, Redditch, Optical Lens, Liverpool Elec, Leeds and Green Deal !! Can I have them back PLEASE, ChrisI have got back to my target level on Green Deal now. Only another five to go! Have been informed that the clock cannot be rewound and I have to accept it. I do, but only because the amount sold was a small proportion of my portfolio. If I had "lost" a substantial proportion, I would not have been so peaceable. I find that very interesting, clearly the new system is working. I hope this isn't too bold but it would be really helpful if you could say how long it takes for the other ones to get back to their starting position too.
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Post by chielamangus on Nov 7, 2014 16:16:04 GMT
It will just depend on whether anyone will be selling parts in the various loans, and how many others want those same parts, and whether I'm lucky in the random draw, if it comes down to that. My "loss" is the interest foregone through not having those loan parts because the cash is sitting around waiting to grab the parts if they turn up. Fortunately, we are only talking about a few hundred lying around (hopefully) for a week or so.
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Post by chielamangus on Nov 7, 2014 16:28:33 GMT
West London & Wrexham now restored to target levels. The rest will have to wait as the cash has been swallowed by Leicester! So all the cash is working now.
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Post by brummiefred on Nov 7, 2014 17:32:00 GMT
Concerning the Slough Comm loan units sold at 00.16 on 3 Nov from my partner's and another's (see earlier post) @dominic reports that 'our developers have vowed to continue working on this until they can offer an explanation', but nothing to date yet. chrisplease note. |
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