jcb208
Member of DD Central
Posts: 819
Likes: 602
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Post by jcb208 on Apr 20, 2020 15:25:13 GMT
That's promising then so they were not telling porkies when they told me they had started releasing access funds from 12/03
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Post by jojo on Apr 20, 2020 15:32:04 GMT
Thanks Star Dust for the thread,
I know it is difficult to assess the time it will take to draw because the size of each loan is part of the equation we do not have but still, for me, the first results that are coming in Access Account is that on average, RS is dealing around 70 Access Request per business day in the last 6 days recorded feedback.
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Post by cheapaschips on Apr 20, 2020 15:35:42 GMT
This is a great idea-My requests are Access on the 17th March number 379985 and 5 Year on the same date 379986, I think at around 8.00 pm
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thedog
Member of DD Central
Posts: 105
Likes: 111
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Post by thedog on Apr 20, 2020 17:58:55 GMT
Hi The below has REPAID today. Not sure of the time - during the afternoon.
thedog 12/03/2020 374259 1 Year
Thanks for managing this thread - much appreciated.
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Post by james91 on Apr 20, 2020 19:28:14 GMT
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Post by drphil on Apr 20, 2020 19:48:36 GMT
Nice work, James. And of course continuing thanks to star dust
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Post by jojo on Apr 20, 2020 20:49:40 GMT
Very good job James, I wonder when/if we are going to the time between each request reduce thanks to the 10.7 Millions cancel from RS daily update. Currently it seems the cancellations have come from people who reacted to late to withdraw and now have cancel because they better stay in than wait for 3 months to get their money.
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Post by cinereus on Apr 20, 2020 23:08:53 GMT
What are the metrics you're using here? Given the lack of datapoints assuming a linear relationship even an inaccuracy of a few hours in reported timings makes a potentially larger difference.
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Post by freefalljunkie on Apr 21, 2020 8:10:43 GMT
Yes, thanks to Stardust and James, good work guys. The results in James's predictions are chastening - mid June payback for my first request on March 16th.
I have to say it is utterly f**king ridiculous that any of this should be necessary. Ratesetter should be providing this guidance rather than the deliberately obscure 'over a month' indication in their daily updates. Whoever at the top of Ratesetter thinks they are going to gain rather than loose investor confidence by their wilful lack of transparency really needs to have a serious rethink. I am looking at you Rhydian Lewis.
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alanh
Posts: 556
Likes: 560
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Post by alanh on Apr 21, 2020 8:55:49 GMT
Yes, thanks to Stardust and James, good work guys. The results in James's predictions are chastening - mid June payback for my first request on March 16th.
I have to say it is utterly f**king ridiculous that any of this should be necessary. Ratesetter should be providing this guidance rather than the deliberately obscure 'over a month' indication in their daily updates. Whoever at the top of Ratesetter thinks they are going to gain rather than loose investor confidence by their wilful lack of transparency really needs to have a serious rethink. I am looking at you Rhydian Lewis. Well its not ideal but if you look around at whats going on on other platforms I think you will see that RS are pretty much top of the pile when it comes to letting investors know what is going on.
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Post by webbski9 on Apr 21, 2020 9:50:44 GMT
Hi there Here are my requests ;-
389029 389031 389032
All on 25/3/2020
Nothing received obviously
Thanks
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Post by webbski9 on Apr 21, 2020 9:51:24 GMT
sorry, forgot to mention all requests are Access
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slush
Member of DD Central
Here to learn. Please be gentle.
Posts: 79
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Post by slush on Apr 21, 2020 13:05:36 GMT
All Funds 5 Year 22/03/2020 386431 All Funds Access 22/03/2020 386432
Thanks for this star dust
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johnt
Investing in Ratesetter, Zopa and Assetz Capital since 2013
Posts: 127
Likes: 71
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Post by johnt on Apr 21, 2020 22:49:18 GMT
Wow, so you estimate investors who request to have their Access funds released today, would have to wait over a YEAR before their funds would become available?! That is a lot longer than Ratesetter suggest it should take (that being a month). I was expecting the releasing of funds to go back to normal again by the end of this year. Perhaps I was being too optimistic.
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Post by Deleted on Apr 22, 2020 9:07:31 GMT
Wow, so you estimate investors who request to have their Access funds released today, would have to wait over a YEAR before their funds would become available?! That is a lot longer than Ratesetter suggest it should take (that being a month). I was expecting the releasing of funds to go back to normal again by the end of this year. Perhaps I was being too optimistic. The estimates are based on the recent past. Once the withdrawals from 16/3 (or 20/3?) have been processed, timings may change significantly as that was the peak. I think the predictions are most useful for those due soon - the more into the future they are, the less reliable they are - but I do appreciate you sharing it james91.
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