garfield
Member of DD Central
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Post by garfield on Dec 23, 2020 22:25:32 GMT
Any thoughts that perhaps some of these may be being refinanced as CBILS loans at lower interest rates? Pure speculation on my part...
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dead-money
Rocket to the Moon
Posts: 746
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Post by dead-money on Dec 24, 2020 9:00:02 GMT
To be fair, they're probably on reduced staffing currently, expect a rush of updates from 5th Jan. I think there might be a “glitch” with some updates from a day or two ago entered but not “published” in a way that we see them. For example #590. Loan #590 has repaid £717K (no Lender Update, spotted it from release of MLA funds) There is NOW an update but dated 21/12 and it wasn’t there earlier (I’m pretty sure) as per cb25 ‘s observation earlier this afternoon. Yep, seeing a lot of backdated updates recently; i.e. ask a Question, update appears on loan with the answer, apparently dated before the question was asked...
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rscal
Posts: 985
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Post by rscal on Dec 29, 2020 14:05:23 GMT
It has just occurred to me (quite late in the day, really!) the AA low cost of exit actually now makes the AA look attractive for 'passive' investing-for-discount based on the assurance of SL that bigger payouts are a coming. You can get 1.5% on a largish lump and make an immediate withdrawal request for free. And as the money is repaid you just 'reinvest' @'3.75%' interest possibly with further discount. It's a veritable money printing machine for the cash-rich/time-poor
[Now... what can possibly 'go wrong' with that??]
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dead-money
Rocket to the Moon
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Post by dead-money on Dec 29, 2020 17:58:00 GMT
No loan updates or repayments announced today. 29 Dec 2020
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iann
Posts: 105
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Post by iann on Dec 30, 2020 9:40:29 GMT
No loan updates or repayments announced today. 29 Dec 2020 The impression I got from the customer service team yesterday was that they were not expecting any loan updates or repayments to be done until 4th January, so just standard loan payments being processed this week.
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iRobot
Member of DD Central
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Post by iRobot on Jan 2, 2021 11:29:17 GMT
[ From here; now including Dec's figure ...] ... a brief summary table to collate the average daily payment received by month per £10k of holding. | Jun '20 | 3.60 | Sep '20 | 3.88 | Dec '20 | 6.61 | | Jul '20 | 8.65 | Oct '20 | 5.38 | Jan '21 | - | | Aug '20 | 8.61 | Nov '20 | 3.27 | Feb '21 | - |
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rscal
Posts: 985
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Post by rscal on Jan 2, 2021 12:52:15 GMT
[ From here; now including Dec's figure ...] ... a brief summary table to collate the average daily payment received by month per £10k of holding. | Jun '20 | 3.60 | Sep '20 | 3.88 | Dec '20 | 6.61 | | Jul '20 | 8.65 | Oct '20 | 5.38 | Jan '21 | - | | Aug '20 | 8.61 | Nov '20 | 3.27 | Feb '21 | - |
A good idea. That will smooth out the effects of weekends and give a meaningful point of reference.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329 
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Post by ilmoro on Jan 6, 2021 10:04:51 GMT
Loan #1084 has repaid £295K, of which £281K/£14K will go towards capital reduction of the retail/CBILS loans respectively. Still not distributed to lender accounts. I think AC have had the money a week since 30/12/2020 - presumably that’s what the “due date” in repayments means. The lender update was 2 days ago. I know it’s the holiday season but it’s still seems a massively dragged out process for the number of staff AC employ. Seems to have paid out now - MLA payment made 10.01
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ton27
Member of DD Central
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Post by ton27 on Jan 6, 2021 12:40:04 GMT
Overnight there was a payout of £5.37 per £10K in each AA
Loan #535 has repaid £340K
They have always been incredibly slow but do not seem to care - it's not their money is it?
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
Posts: 11,329
Likes: 11,549
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Post by ilmoro on Jan 6, 2021 17:14:34 GMT
Swear there was another post in this thread - did it magically disappear when what it referred to magically appeared  |
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Post by tamaskallos on Jan 6, 2021 20:34:44 GMT
Hi members, I am new at assetz capital and planning to invest in ISA account. I would be happy to hear your opinion. Tjanks
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ashtondav
Member of DD Central
Posts: 1,814
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Post by ashtondav on Jan 7, 2021 9:05:14 GMT
Hi members, I am new at assetz capital and planning to invest in ISA account. I would be happy to hear your opinion. Tjanks Read this thread, the most boring in p2p land, until your eyes glaze over and all you can say is “overnight £1.50 went into each AA account.” Zzzzzzzzzz.
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dead-money
Rocket to the Moon
Posts: 746
Likes: 654
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Post by dead-money on Jan 7, 2021 9:28:48 GMT
Hi members, I am new at assetz capital and planning to invest in ISA account. I would be happy to hear your opinion. Tjanks I'd sugggest reading the in-depth reviews at www.4thway.co.uk/ and www.financialthing.com/ they cover the workings of the platform and various account types
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upperdeane
Member of DD Central
Posts: 493
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Post by upperdeane on Jan 7, 2021 16:18:57 GMT
Hi members, I am new at assetz capital and planning to invest in ISA account. I would be happy to hear your opinion. Tjanks As long as you don't mind potentially selling out at a discount at some point, and potentially some of the loans you get become frozen, then its not a terrible idea in my opinion - is it a good one is a different matter and for personal opinion. You need to be happy with the risk/reward balance of P2P.
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warn
Member of DD Central
Curmudgeon
Posts: 638
Likes: 659
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Post by warn on Jan 8, 2021 18:51:32 GMT
Hi members, I am new at assetz capital and planning to invest in ISA account. I would be happy to hear your opinion. Tjanks Read this thread, the most boring in p2p land, until your eyes glaze over and all you can say is “overnight £1.50 went into each AA account.” Zzzzzzzzzz. The really good news, of course, is that following this thread is legal but not compulsory. Happy dreams.
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