cb25
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Post by cb25 on Aug 18, 2020 15:57:56 GMT
Possibly Puddleduck is the most knowledgeable as regards this question. Of the funds redeemed last week Loan #578 has repaid £147K Loan #848 has been redeemed, £4.621M Loan #959 has been redeemed, £338K Loan #1053 has repaid £160K Loan #1268 has repaid £817K Loan #851 has repaid £45K Loan #1224 has repaid £172K Loan #1276 has repaid £299K Loan #1057 has been redeemed, £365K Loan #851 has been redeemed, £13K Loan #593 has been redeemed, £10K Loan #1061 has been redeemed, £179K Loan #994 has repaid £468K Loan #590 has repaid £781K Loan #985 has been redeemed, £7.6M Loan #204 has been redeemed, £33K How much was returned to investors and how much was kept by AC Loan #848 was repaid 3 Aug, not last week
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dead-money
Rocket to the Moon
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Post by dead-money on Aug 18, 2020 16:07:32 GMT
Possibly Puddleduck is the most knowledgeable as regards this question. Of the funds redeemed last week Loan #578 has repaid £147K Loan #848 has been redeemed, £4.621M Loan #959 has been redeemed, £338K Loan #1053 has repaid £160K Loan #1268 has repaid £817K Loan #851 has repaid £45K Loan #1224 has repaid £172K Loan #1276 has repaid £299K Loan #1057 has been redeemed, £365K Loan #851 has been redeemed, £13K Loan #593 has been redeemed, £10K Loan #1061 has been redeemed, £179K Loan #994 has repaid £468K Loan #590 has repaid £781K Loan #985 has been redeemed, £7.6M Loan #204 has been redeemed, £33K How much was returned to investors and how much was kept by AC how much was kept by AC
I think you meant to ask how much was lent out to borrowers and how much was ringfenced or added to the provision fund?
See below...
#1193 tranche drawdown, amount unknown -£ K
#564 Now in receivership -£840K plus 18mths interest, fees, -£950K facility
#1088 Further tranche drawdown -£481K, prior to CBILS facility being in place
#1246 Tranche -£72K
#871 Tranche -£443K maybe?
#1036 tranche -£89K ?
#797 tranche -£ ?? K
#1193 tranche -£ ?? K
#1069 tranche -£ 79K
#1247 tranche -£247K #878 tranche -£105K
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iann
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Post by iann on Aug 19, 2020 11:40:23 GMT
Loan #950 has repaid £650K, awaiting distribution This seems to have been distributed on GBBA2 this morning.
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iann
Posts: 105
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Post by iann on Aug 19, 2020 11:50:25 GMT
Loan #970 has repaid £700k, yet to be distributed
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Aug 19, 2020 12:07:59 GMT
Although I've got withdrawal instructions on both MLA and AA accounts I've had £6.81 "Awaiting Investment" on my MLA for a few days now which is not showing in my Cash Account. Any ideas why this should be?
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Post by Ace on Aug 19, 2020 12:17:38 GMT
Although I've got withdrawal instructions on both MLA and AA accounts I've had £6.81 "Awaiting Investment" on my MLA for a few days now which is not showing in my Cash Account. Any ideas why this should be? cash in the MLA will show in the MLA account not the Cash account.
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dead-money
Rocket to the Moon
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Post by dead-money on Aug 24, 2020 10:31:23 GMT
Has anyone figured out the logic as to which withdrawl instruction capital repayments are applied against?
For me it doesn't seem to be the earliest one, nor the one with the highest discount offered, nor the at par one.
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maotw
*
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Post by maotw on Aug 24, 2020 10:53:37 GMT
Has anyone figured out the logic as to which withdrawl instruction capital repayments are applied against?
For me it doesn't seem to be the earliest one, nor the one with the highest discount offered, nor the at par one.
All mine have been on the PAR one(s) - eldest 1st. EDIT - I'm not claimed to have figured anything out !!
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Post by elephantrosie on Aug 24, 2020 12:38:18 GMT
with the new secondary market and discounting option, does that mean that if i want to withdraw 100 pounds from QAA and i subject it to zero discount, it will never be fulfilled unless someone offer zero discount investment?
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blender
Member of DD Central
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Post by blender on Aug 24, 2020 12:56:52 GMT
with the new secondary market and discounting option, does that mean that if i want to withdraw 100 pounds from QAA and i subject it to zero discount, it will never be fulfilled unless someone offer zero discount investment? No, it means that it would join the queue for being fulfilled by repayments, which are regularly sprinkled over all those queueing at present, but would take between one and two years at present rate. If you put your £100 also for sale at a small discount you get an additional chance of selling it. Your speed of selling at par is increased if you sell only a small percentage of your access accounts. So if you sell £100 from £10k in Access Accounts it will see quite quickly, while if it is your only £100 then progress will be rather slower.
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Post by elephantrosie on Aug 24, 2020 17:49:03 GMT
with the new secondary market and discounting option, does that mean that if i want to withdraw 100 pounds from QAA and i subject it to zero discount, it will never be fulfilled unless someone offer zero discount investment? No, it means that it would join the queue for being fulfilled by repayments, which are regularly sprinkled over all those queueing at present, but would take between one and two years at present rate. If you put your £100 also for sale at a small discount you get an additional chance of selling it. Your speed of selling at par is increased if you sell only a small percentage of your access accounts. So if you sell £100 from £10k in Access Accounts it will see quite quickly, while if it is your only £100 then progress will be rather slower.
Thanks. That's really bad to take so long to withdraw money
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blender
Member of DD Central
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Post by blender on Aug 24, 2020 18:05:28 GMT
The world has changed. You can sell at a discount if you need it quickly. There's a lot worse.
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Post by elephantrosie on Aug 24, 2020 23:06:01 GMT
i dont need it quickly, but find it difficult to believe that if i do not offer discounts, they will be at the bottom of the queue
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Post by elephantrosie on Aug 24, 2020 23:52:08 GMT
with the new secondary market and discounting option, does that mean that if i want to withdraw 100 pounds from QAA and i subject it to zero discount, it will never be fulfilled unless someone offer zero discount investment? No, it means that it would join the queue for being fulfilled by repayments, which are regularly sprinkled over all those queueing at present, but would take between one and two years at present rate. If you put your £100 also for sale at a small discount you get an additional chance of selling it. Your speed of selling at par is increased if you sell only a small percentage of your access accounts. So if you sell £100 from £10k in Access Accounts it will see quite quickly, while if it is your only £100 then progress will be rather slower.
may i ask why so?
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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
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Post by ilmoro on Aug 25, 2020 6:52:35 GMT
No, it means that it would join the queue for being fulfilled by repayments, which are regularly sprinkled over all those queueing at present, but would take between one and two years at present rate. If you put your £100 also for sale at a small discount you get an additional chance of selling it. Your speed of selling at par is increased if you sell only a small percentage of your access accounts. So if you sell £100 from £10k in Access Accounts it will see quite quickly, while if it is your only £100 then progress will be rather slower.
may i ask why so? because the pro rata distribution of redemptions is based on total access holdings not the amount for sale. It isnt actually selling per se, just reducing in size as capital is returned. Its just perception really as it would take the same amount of time to get all your money out
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