cb25
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Post by cb25 on Apr 7, 2020 11:09:40 GMT
It is to be noted, by account and by access account 23k EACH and not overall. But these are days old figures, and we cannot be sure anymore if the queue has grown, shruk or what not. However I have pointed out, each day the payouts are getting larger, by pennies or now by pounds . Either this means the queue is getting smaller (or at least the number of ACCOUNTS IN THE QUEUE, not always the mean overall number, but the two would arguably corrlate quite strongly) OR (or both) more money is flowing in from investors. Luckily the 30 daa and 90 daa transfer option is here, but this isn't removing people from the queue just automatically reinvesting free cash into those accounts. (fca rules) Mathmatically this is still a better option than it all going into cash until that person logs into redirect it. I've seen the 90daa reach 76m since that implementation so clearly it is still growing. One lucky bugger on here had money in 4 accounts, his ISA and main, and 90daa and qaa on all (I think!) he gets 4 payouts everytime there is one  I view it as me having money stuck in 4 access accounts (actually I have 5, but the IFISA 30DAA has no withdrawals past the repayment date)
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agent69
Member of DD Central
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Post by agent69 on Apr 7, 2020 11:14:40 GMT
It is to be noted, by account and by access account 23k EACH and not overall. But these are days old figures, and we cannot be sure anymore if the queue has grown, shruk or what not. However I have pointed out, each day the payouts are getting larger, by pennies or now by pounds. Either this means the queue is getting smaller (or at least the number of ACCOUNTS IN THE QUEUE, not always the mean overall number, but the two would arguably corrlate quite strongly) OR (or both) more money is flowing in from investors. Luckily the 30 daa and 90 daa transfer option is here, but this isn't removing people from the queue just automatically reinvesting free cash into those accounts. (fca rules) Mathmatically this is still a better option than it all going into cash until that person logs into redirect it. I've seen the 90daa reach 76m since that implementation so clearly it is still growing. One lucky bugger on here had money in 4 accounts, his ISA and main, and 90daa and qaa on all (I think!) he gets 4 payouts everytime there is one No they're not. This is just misleading propaganda from the 'AC are great' camp.
Did you realy get a bigger repayment yesterday than on 1st April?
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Post by Harland Kearney on Apr 7, 2020 11:21:54 GMT
It is to be noted, by account and by access account 23k EACH and not overall. But these are days old figures, and we cannot be sure anymore if the queue has grown, shruk or what not. However I have pointed out, each day the payouts are getting larger, by pennies or now by pounds. Either this means the queue is getting smaller (or at least the number of ACCOUNTS IN THE QUEUE, not always the mean overall number, but the two would arguably corrlate quite strongly) OR (or both) more money is flowing in from investors. Luckily the 30 daa and 90 daa transfer option is here, but this isn't removing people from the queue just automatically reinvesting free cash into those accounts. (fca rules) Mathmatically this is still a better option than it all going into cash until that person logs into redirect it. I've seen the 90daa reach 76m since that implementation so clearly it is still growing. One lucky bugger on here had money in 4 accounts, his ISA and main, and 90daa and qaa on all (I think!) he gets 4 payouts everytime there is one No they're not. This is just misleading propaganda from the 'AC are great' camp.
Did you realy get a bigger repayment yesterday than on 1st April?
I don't know why the cash payout for yesterday loan was so small compared to the 1st (and neither do you) I don't think its a increase in queue or not entirely. I think AC holding larger and larger amounts of cash in retention for the access accounts; it seems that way from cash rentention discussion yesterday, from 8m to 10m in cash holding for the access accounts. If the queue has increased massively, why would the payouts from new investor money increase? Either it didn't, or AC are propping up these with money in reserve (but it doesn't exactly make much diffrence to us at this point, they must know that £2 or £3...)
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iRobot
Member of DD Central
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Post by iRobot on Apr 7, 2020 11:28:28 GMT
It is to be noted, by account and by access account 23k EACH and not overall. But these are days old figures, and we cannot be sure anymore if the queue has grown, shruk or what not. However I have pointed out, each day the payouts are getting larger, by pennies or now by pounds. Either this means the queue is getting smaller (or at least the number of ACCOUNTS IN THE QUEUE, not always the mean overall number, but the two would arguably corrlate quite strongly) OR (or both) more money is flowing in from investors. No they're not. This is just misleading propaganda from the 'AC are great' camp.
Did you realy get a bigger repayment yesterday than on 1st April?
My repayment on the 1st was significantly larger than any other day's (going back to the 20th Mar.), but yesterday's (the 6th) was larger than the previous three days (no payment on the 5th).
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dave4
Member of DD Central
Cynical is a hobby not a lifestyle
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Post by dave4 on Apr 7, 2020 11:31:44 GMT
No they're not. This is just misleading propaganda from the 'AC are great' camp.
Did you realy get a bigger repayment yesterday than on 1st April?
My repayment on the 1st was significantly larger than any other day's (going back to the 20th Mar.), but yesterday's (the 6th) was larger than the previous three days (no payment on the 5th). Snap with my repayments.
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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 Apr 7, 2020 11:36:03 GMT
This is utterly pointless. Noone has any information to base the discussion on, its all guesswork as there is no verifiable input for calculations.
Yesterdays payment may have been smaller than 1 April but it could have represented a larger % of the total sum distributed which would indeed mean a smaller queue.
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Post by Harland Kearney on Apr 7, 2020 11:37:59 GMT
Yes, re-reading it, it is all speculation. maybe maybe maybe maybe  Just have to sit on hands and trust the loan book to repay itself over the coming months. As well as possible interventations from AC on moving the platform forward to a more normal standing. |
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alanh
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Post by alanh on Apr 7, 2020 11:38:51 GMT
No they're not. This is just misleading propaganda from the 'AC are great' camp.
Did you realy get a bigger repayment yesterday than on 1st April?
I don't know why the cash payout for yesterday loan was so small compared to the 1st (and neither do you) I don't think its a increase in queue or not entirely. I think AC holding larger and larger amounts of cash in retention for the access accounts; it seems that way from cash rentention discussion yesterday, from 8m to 10m in cash holding for the access accounts. If the queue has increased massively, why would the payouts from new investor money increase? Either it didn't, or AC are propping up these with money in reserve (but it doesn't exactly make much diffrence to us at this point, they must know that £2 or £3...) Total rubbish. The cash payout have fallen off dramatically if you actually have a look instead of just making numbers up. For example the cash payments into investors accounts over the past 5 days represent only 10% of the total amount we have received since this debacle started in mid march. If your statement was correct this number would clearly be something much larger. So no, cash payments are not getting any larger. Quite the opposite, they are drying up into a trickle. For any investor that wishes to check this themself just go into your account and look at the recent transactions. There is no need to believe the rubbish on here by those painting a rosy picture of the situation just so they can get their money out ASAP.
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Post by Harland Kearney on Apr 7, 2020 11:40:21 GMT
Just because people are not reading my post (or it was not put into the qoute I keep getting)
I'm refering to the payout run on new investor cash, NOT CAPITAL REPAYMENTS.
Only way anybody is getting their cash back, is though maturity of the loan book right now. The discussion is tottaly pointless beyond that, I have no way to calculate, I was just pointing out the new investor cash run that seems to happen in the morning; has grown. Everything else, well since loans arent' repaying yes it is going to drop of...
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alanh
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Post by alanh on Apr 7, 2020 11:44:58 GMT
Just because people are not reading my post (or it was not put into the qoute I keep getting) I'm refering to the payout run on new investor cash, NOT CAPITAL REPAYMENTS.
Only way anybody is getting their cash back, is though maturity of the loan book right now. The discussion is tottaly pointless beyond that, I have no way to calculate, I was just pointing out the new investor cash run that seems to happen in the morning; has grown. Everything else, well since loans arent' repaying yes it is going to drop of...What are you talking about? You make no sense whatsoever. You have "no way to calculate"?.....just look at the cash payments each day into your account from the QAA. If you were to do so they are reducing dramatically, not increasing as you seem to "think". See my previous post.
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Post by Harland Kearney on Apr 7, 2020 11:49:32 GMT
We have no way to calculate.
What more do you want to be said, the entire discussion is pointless. You don't know if they changed the amount of cash being retained per 10k lumps of new investor cash. The payout system changed from March to April, it was all £1.00 now its random numbers, why? Who knows.
We have no way to calulate.
There are 10's of vairbles nobody here but AC know, that can impact the amount of cash being paid out.
The Capital repayment on that one loan ther other day, has reduced dramitcally, but we don't know why that is. It doesnt' automatically mean a bigger queue, thats my only point I'm making.
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Post by Harland Kearney on Apr 7, 2020 11:53:48 GMT
Yes it appears my edit didn't go though, and thrus everybody was qouting it  Reguardless, I don't think we'll be seeing much of anything until Early July now. Judging from the last loan repayment was a very small sum indeed distubuted to investors. All comes back to that under lying loanbook |
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alanh
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Post by alanh on Apr 7, 2020 11:56:24 GMT
We have no way to calculate.What more do you want to be said, the entire discussion is pointless. You don't know if they changed the amount of cash being retained per 10k lumps of new investor cash. The payout system changed from March to April, it was all £1.00 now its random numbers, why? Who knows. We have no way to calulate.There are 10's of vairbles nobody here but AC know, that can impact the amount of cash being paid out.Capital repayment has reduce dramitcally, but we don't know why that is. It doesnt' automatically mean a bigger queue, thats my only point I'm making. Maybe you should put some more entries in bold - more people might listen to you You may not have any way of understanding this but it is a very simple matter to calculate: Go to your access account, click on the 3 lines on the bottom left (options) and then "your transactions" Have a look at all the entries labelled "withdrawal from access account" The numbers are reducing significantly and drying up to virtually nothing
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alanh
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Post by alanh on Apr 7, 2020 11:57:19 GMT
I am talking about the cash payouts, not the loan repayments. I don't know why the cash payout for yesterday loan was so small compared to the 1st (and neither do you) I don't think its a increase in queue or not entirely. I think AC holding larger and larger amounts of cash in retention for the access accounts; it seems that way from cash rentention discussion yesterday, from 8m to 10m in cash holding for the access accounts. If the queue has increased massively, why would the payouts from new investor money increase? Either it didn't, or AC are propping up these with money in reserve (but it doesn't exactly make much diffrence to us at this point, they must know that £2 or £3...) This is double speak of the highest order.
You said that 'each day the payouts are getting larger'. I think that the overwhelming majority of investors would think you are referring to the payouts that they receive from AC. If this is not the case, then which cash payouts are you talking about (payouts from which party to which party)
I don't think he knows himself
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Post by Harland Kearney on Apr 7, 2020 11:58:36 GMT
We have no way to calculate.What more do you want to be said, the entire discussion is pointless. You don't know if they changed the amount of cash being retained per 10k lumps of new investor cash. The payout system changed from March to April, it was all £1.00 now its random numbers, why? Who knows. We have no way to calulate.There are 10's of vairbles nobody here but AC know, that can impact the amount of cash being paid out.Capital repayment has reduce dramitcally, but we don't know why that is. It doesnt' automatically mean a bigger queue, thats my only point I'm making. Maybe you should put some more entries in bold - more people might listen to you You may not have any way of understanding this but it is a very simple matter to calculate: Go to your access account, click on the 3 lines on the bottom left (options) and then "your transactions" Have a look at all the entries labelled "withdrawal from access account" The numbers are reducing significantly and drying up to virtually nothing 
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